San Mateo Home Prices & Home Price Trends by County & by City
San Mateo Home Prices by City in Alphabetical Order
Median Sales Price is the price at which half the properties sold for more and half for less. It is a very general statistic and may be affected by seasonal trends, "unusual" events, or by changes in inventory and buying trends, as well as by changes in fair market value. The median sales price for an area will often conceal an enormous variety of sales prices in the underlying individual sales. Median sales prices can fluctuate significantly even over a period of weeks, i.e.2018 YTD prices measured on 8/21/18 can suddenly jump up or down from those measured on 8/1/18. Long-term trends are more meaningful than short-term fluctuations.
Dollar per Square Foot is based upon the home's interior living space and does not include garages, unfinished attics, and basements, rooms built without permit, patios, decks or yards (though all those can add value to a home). These figures are usually derived from appraisals or tax records, but are sometimes unreliable (especially for older homes) or unreported altogether. The calculation can only be made on those home sales that reported square footage.
Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, outdoor space, bonus rooms, additional parking, quality of location within the neighborhood, and so forth. How these statistics apply to any particular home is unknown without a specific comparative market analysis.
These analyses may contain errors and are subject to revision. All numbers in this analysis should be considered approximate. This analysis is a sampling and does not include every sale in every city.
Zillow analyses are not based on MLS data and at times there may be discrepancies between the two. This may be because of the different methods of analysis, dissimilar definitions of a single-family dwelling, varying geographic boundaries of cities being measured, diverse property types being included in the analysis, and/or the inclusion of non-MLS sales in Zillow calculations. What is most meaningful is the trend line illustrated in the charts.
Zillow Home Value Index (ZHVI) (Click here): A smoothed, seasonally adjusted measure of the median estimated home value across a given region and housing type. Zillow Research
Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.
