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

$241,000

$186/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$144,000(-37.4%)

Key Takeaway

Homes in San Mateo have sold for 37.4% less than they did a month ago.

Summary: The median home sold price in San Mateo was $241,000 in March 2024, down 37.4% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $385K$241K
-37.4%
4 --
N/A
5+ --
N/A

Summary: San Mateo housing prices by bedroom type for March 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 37.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Satsuma
+67.8%
San Mateo
-37.4%

Housing Supply in San Mateo, FL

How many homes are available in San Mateo, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
440.0%

Summary: The San Mateo real estate market had 4 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was 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 1 homes were sold or pending in San Mateo in March 2024, the same as the previous month. Of the 1 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

Feb 2024Mar 2024CHANGE
38 Days66 Days+73.7%

Summary: Homes in San Mateo had an average of 66 days on market in Mar 2024, up by 73.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Mateo has remained consistent over time.

Summary: During March 2024, 1 homes were sold in San Mateo; 0% of homes were sold within 30 days, 100% 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 23 Days Ago

Newest Listings in San Mateo, FL

Nearby Markets to San Mateo, FL

What housing markets are near San Mateo, FL?