San Mateo, CA Market Update for July 2007

Here are the latest real estate market statistics for San Mateo, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 34.9%*

Average	June 2007	July 2007	% Change
Asking Price	$872,298	$919,016	5.4%
Sales Price	$889,051	$926,361	4.2%
% of Asking Price	102%	101%	-1.0%
$/SQFT	$595	$572	-3.9%
Days on Market	55	54	-1.8%
Total Transactions	112	89	-20.5%

Search for homes in San Mateo, CA and read a neighborhood overview of the San Mateo, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 355 properties on the market with 124 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.