Falling home prices? We don’t know her 👀

Falling home prices? We don’t know her 👀

Here are the average sale prices for some of the neighborhoods in San Mateo. This includes everything sold in the last 6 months for each area- all single family homes 🏡

The average days to sell in San Mateo county is 21

In comparison, In May 2024, U.S. home prices were up 4.9% compared to last year, selling for a median price of $438,601. On average, the number of homes sold was up 0.2% year over year and there were 499,068 homes sold in May this year, up 498,119 homes sold in May last year. The national average 30 year fixed rate mortgage rate is at 7.1% and up 0.6 points year over year.

Are you surprised by these numbers? What Bay Area city should we show next? Drop them in the comments 👇

#bayarea #realestate #realtor #bayarearealestate #bayarearealtor #mompreneur #sanmateoca