San Mateo, CA December 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: 36.8%*

Average	November 2007	December 2007	% Change
Asking Price	$862,793	$909,091	5.4%
Sales Price	$1,032,729	$889,336	-13.9%
% of Asking Price	120%	98%	-18.3%
$/SQFT	$679	$568	-16.3%
Days on Market	38	47	23.7%
Total Transactions	69	52	-24.6%

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 1/17/2008: 247 properties on the market with 91 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.