Monthly market wrap MONTHLY MARKET WRAP San Mateo Townhouses · May 2026 The San Mateo market eased in May: most key signals moved the buyer's way. Median sale price $1.39M ▼ -9.5% vs Apr Time to pending 22d ▲ 10 days slower vs Apr Sold over asking 38% ▼ -51 pts vs Apr Active listings 10 +0.0% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING San Mateo Townhouses · May 2026 38% of San Mateo townhouses sold over asking, so pricing right matters more than ever. 100.3% average sale price vs. asking price Sold over asking 38% vs. a year ago -18 pts 106.5% 103.8% 101.2% Sold at asking price 100.3% 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 Townhouses · May 2026 San Mateo townhouses are selling right at asking price, on average. -$265K median sale price minus asking price Median asking price $1.65M Median sale price $1.39M $1.74M $1.45M $1.17M Sold Asking Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE San Mateo Townhouses · May 2026 San Mateo townhouse values are climbing, up +5.1% in a year. $1.39M median sale price Year over year +5.1% Homes sold last month 8 $1.47M $1.33M $1.19M $1.39M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL San Mateo Townhouses · May 2026 The typical San Mateo townhouse goes pending in 22 days, 7 days slower than last year. 22 days median time to pending Gone within two weeks 20% vs. a year ago 7 days slower 87d 58d 29d 22d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS San Mateo Townhouses · May 2026 San Mateo inventory is down 54.5% year over year, keeping buyer choice tight. 10 active listings Year over year -54.5% Months of supply 1.3 24 16 8 10 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 Townhouses · May 2026 1 in 3 San Mateo listings cut its asking price last month, up 8 pts from a year ago. 40% of active listings cut their asking price vs. a year ago +8 pts Active listings 10 58% 42% 26% 40% Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET San Mateo Townhouses · May 2026 Only 20% of San Mateo townhouses went pending within two weeks. Most listings are taking their time. 20% of listings went pending within two weeks Median time to pending 22 days vs. a year ago -30 pts 50% 33% 17% Half of listings 20% 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 Townhouses · May 2026 November is historically San Mateo's calmest month for buyers: 5.6 pts less over-asking than May. November historically the calmest month for buyers Buyer's edge vs May -5.6 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -3.2 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 Townhouses · May 2026 A San Mateo townhouse bought in 2016 has gained +52% in value since. +52% median sale price growth since 2016 Median price in 2016 $913K Average gain per year +4.3% $1.32M $1.1M $876K $1.39M Mar 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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