Here are recent real estate statistics for San Mateo, CA. These numbers represent single family (SFR) homes and condos. The percentage of homes on the market where the asking price has been reduced: 28.6% **
| Average | May 2006 | June 2006 | % Change |
|---|---|---|---|
| Asking Price | $841,422 | $812,640 | -4% |
| Sales Price | $854,223 | $819,906 | -4% |
| % of Asking Price | 102% | 101% | -1% |
| $/SQFT | $588 | $581 | -1% |
| Days on Market | 62 | 60 | -3% |
| Total Transactions | 135 | 120 | -13% |
** As of 7/10/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. Market numbers as of 7/7/2006: 241 properties on the market with 69 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.
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