Is San Mateo, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 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
$258,850
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in San Mateo have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in San Mateo was $258,850 in April 2024, up 3.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $149K | N/A |
| 3 Bedrooms | $230K | $250K | +8.7% |
| 4 Bedrooms | $324.5K | $287.9K | -11.3% |
| 5+ Bedrooms | $290.5K | - | N/A |
Summary: San Mateo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| San Mateo | $250K | $258.8K | +3.5% |
| Oceanway | $343.9K | $345K | 0.3% |
Housing Supply in San Mateo, FL
How many homes are available in San Mateo, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The San Mateo real estate market had 11 homes for sale in April 2024, a 15.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in San Mateo, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in San Mateo in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 17 Days | -75.0% |
Summary: Homes in San Mateo had an average of 17 days on market in Apr 2024, down by 75% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Mateo are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in San Mateo; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
