The story of this market
The typical home in ZIP 94037 sells for about $2,000,000, or $664 per square foot.
Prices are up +9.9% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $3,697 a month.
ZIP 94037 — Montara
The Montara housing market in 94037 is characterized by a high median listing price of $1.5 million, reflecting a 9.9% year-over-year increase. Inventory remains extremely limited with only 16 active listings, and several key metrics such as sales count, rent, and tax rates are not currently published at the ZIP level. Market activity is constrained by the small, coastal nature of the community.
Median prices moved up 9.9% year over year.
Homes spend a median of 33 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% — a stable, low-distress profile.
ZCTA 94037, San Mateo County, CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
not determinable
Key-figure check: median price diverges 25.0% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $1,500,000 (25.0% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $1,500,000 (-25% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.