Is San Mateo, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Mateo is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, San Mateo has remained a Seller's Market.

Key Takeaway

San Mateo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Mateo, FL

How much do homes in San Mateo, FL cost?

Median Sold Price

$77,450

$70/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$163,550(-67.9%)

Key Takeaway

Homes in San Mateo have sold for 67.9% less than they did a month ago.

Summary: The median home sold price in San Mateo was $77,450 in April 2024, down 67.9% from last month, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$65K
N/A
3 $241K$89.9K
-62.7%
4 --
N/A
5+ --
N/A

Summary: San Mateo housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 62.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Satsuma
-52.0%
San Mateo
-67.9%

Housing Supply in San Mateo, FL

How many homes are available in San Mateo, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The San Mateo real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The San Mateo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Mateo, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in San Mateo in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for San Mateo, FL

How long does it take to sell a home in San Mateo, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
66 Days6 Days-90.2%

Summary: Homes in San Mateo had an average of 6 days on market in Apr 2024, down by 90.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Mateo are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in San Mateo; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in San Mateo, FL

Nearby Markets to San Mateo, FL

What housing markets are near San Mateo, FL?