Monthly market wrap MONTHLY MARKET WRAP San Mateo Single-family homes · May 2026 The San Mateo market eased in May: most key signals moved the buyer's way. Median sale price $2.11M ▼ -4.3% vs Apr Time to pending 12d ▼ 1 day faster vs Apr Sold over asking 75% ▼ -5 pts vs Apr Active listings 35 ▲ +12.9% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING San Mateo Single-family homes · May 2026 Bidding wars are the norm in San Mateo: 75% of SFHs sold over asking. 110.2% average sale price vs. asking price Sold over asking 75% vs. a year ago +8 pts 109.4% 105.7% 102.1% Sold at asking price 110.2% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP San Mateo Single-family homes · May 2026 San Mateo SFHs are closing +10.2% above asking. The list price is the floor, not the ceiling. +$456K median sale price minus asking price Median asking price $1.65M Median sale price $2.11M $2.15M $1.8M $1.45M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE San Mateo Single-family homes · May 2026 San Mateo SFH values dipped -0.8% from a year ago. $2.11M median sale price Year over year -0.8% Homes sold last month 56 $2.08M $1.82M $1.57M $2.11M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL San Mateo Single-family homes · May 2026 San Mateo SFHs are flying off the market in 12 days, 1 day faster than last year. 12 days median time to pending Gone within two weeks 61% vs. a year ago 1 day faster 18d 12d 6d 12d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS San Mateo Single-family homes · May 2026 San Mateo inventory is down 28.6% year over year, keeping buyer choice tight. 35 active listings Year over year -28.6% Months of supply 0.6 60 43 26 35 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in San Mateo? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS San Mateo Single-family homes · May 2026 1 in 4 San Mateo listings cut its asking price last month, down 17 pts from a year ago. 26% of active listings cut their asking price vs. a year ago -17 pts Active listings 35 34% 25% 16% 26% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET San Mateo Single-family homes · May 2026 61% of San Mateo SFHs went pending within two weeks. Priced-right listings do not wait. 61% of listings went pending within two weeks Median time to pending 12 days vs. a year ago -0 pts 64% 42% 20% Half of listings 61% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY San Mateo Single-family homes · May 2026 December is historically San Mateo's calmest month for buyers: 5.0 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -5.0 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.3 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE San Mateo Single-family homes · May 2026 San Mateo SFH values are up +40% over the past 10 years. +40% median sale price growth since 2016 Median price in 2016 $1.5M Average gain per year +3.5% $1.91M $1.66M $1.42M $2.11M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
Get your own Market Pulse ListingCopilot gives you a free branded market report page like this one for every city you serve, plus share-ready cards refreshed monthly with the latest market data.
Create your free page 