San Mateo Real Estate Split: Homes Soar, Condos Cool | Market Update By Rise Homes

Описание: The San Mateo County housing market is showing two sides this season. Single family homes remain strong even with rising rates, while condos and townhomes are easing into a slower pace.

➡️ Here’s what’s happening now:

-Active listings for single family homes are up around nine percent compared to last year 📈-Average prices climbed sixteen percent, landing near two point six million dollars 💰-Homes are taking a bit longer to sell, about thirty days on average, but buyers are still paying roughly four percent over asking
-Condos and townhomes are seeing slower sales, with prices dipping around seven percent and days on market stretching close to two months

So if you’re thinking about moving to the Bay Area, relocating within it, or keeping tabs on the San Mateo County market, this update gives you the real story, no fluff, just useful insights from the local data.

Stay connected for more Bay Area real estate updates, neighborhood insights, and relocation tips that actually help you plan your next move!

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RISE Homes is a leading San Francisco Bay Area real estate team. We specialize in residential real estate sales in all six of the SF Bay Area counties; San Francisco, San Mateo, Santa Clara, Alameda, Contra Costa, and Marin. We have agents and operations staff who specialize and are very familiar (most of us are SF Bay Area natives) with their respective geographic territory. Our primary focus is on helping our clients navigate the highly competitive San Francisco real estate market, and in the process, conducting ourselves with integrity and transparency while always focusing on continuous improvement.

Joe Polyak is the Founder of RISE Homes. Joe was born and raised in San Francisco, and currently lives in San Mateo, CA with his wife Valerie, daughter Autumn, their two dogs, Bonnie the pitbull-mutt and Daisy the pug, and their turtle, Donatello. Joe has been in real estate since 2010, and is a top 1% agent in the San Francisco Bay Area, with over $80,000,000 per year in sales volume. Joe built his business by specializing in probate/trust sales and working with and educating first time home buyers.