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November 28, 2007

San Mateo, CA October 2007 MLS Recap

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: 43.4%*

Average September 2007 October 2007 % Change
Asking Price $866,432 $935,896 8.0%
Sales Price $864,205 $925,719 7.1%
% of Asking Price 100% 99% -1.0%
$/SQFT $591 $588 -0.5%
Days on Market 43 34 -20.9%
Total Transactions 57 68 19.3%

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 11/7/2007: 348 properties on the market with 151 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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