Reasons to Move to San Mateo County, CA
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in San Mateo County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in San Mateo County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in San Mateo County,
Our extensive database in San Mateo County includes 4 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in San Mateo County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in San Mateo County, CA
How do you know that living in—or moving to— San Mateo County is the right choice for you? Perhaps you grew up in San Mateo County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to San Mateo County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in San Mateo County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in San Mateo County, .
Millbrae, CA Foreclosures
How much do homes sell for in Millbrae, CA?
The average home price is currently $2,142,362.
In Millbrae, CA, how many homes are available?
There are currently 4 active home listings available in Millbrae.
What’s the average rental cost in Millbrae, CA?
The average rental price in Millbrae is $4,305.
What is the most expensive home in Millbrae?
The most expensive home sold in Millbrae had a price of $88,857,360.
What is currently the cheapest priced home in Millbrae, CA?
The cheapest home for sale in Millbrae is priced at $96,366.
Living in Millbrae, CA
Millbrae, CA is a vibrant suburban city that offers a balanced lifestyle with easy access to urban conveniences. It is known for its excellent schools, welcoming community, and proximity to public transportation. Residents enjoy parks, outdoor activities, and nearby shopping, making it a desirable place to live in the Bay Area.
Current Market Conditions in Millbrae, CA
The real estate market in Millbrae remains competitive, characterized by a strong demand for homes that is currently outpacing supply. With a mix of families, professionals, and retirees, the area attracts diverse buyers looking for quality housing options.
As of late 2023, the average home price in Millbrae has steadily increased, reflecting ongoing interest in the area. Properties are often selling quickly, and many are receiving multiple offers, indicating a healthy but competitive market.
Home Value Estimator For Millbrae, CA
There are currently 6,560 real estate properties
in Millbrae, CA,
with a median automated valuation model (AVM) price
of $2,092,173.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Millbrae, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Millbrae, CA,
is $2,142,362.00, with the most expensive house
in Millbrae, CA, topping out
at $88,857,360.00 and the cheapest home
in Millbrae, CA,
clocking in at $96,366.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Millbrae, CA!
Rent Prices
In Millbrae, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Millbrae, CA, is on
a rollercoaster ride. The
average rent price in Millbrae, CA,
is $4,305.00. Indeed, when looking to rent in
Millbrae, CA, you can expect to pay as little
as $1,980.00 or as much
as $6,940.00,
with the average rent median estimated to
be $4,440.00. The good news is that finding
an affordable and desirable property to rent in Millbrae, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
