Foreclosure Homes in San Mateo, CA 94402

Current Market Conditions in San Mateo, CA

The San Mateo real estate market remains competitive, with a high demand for homes driven by the area's desirable location and amenities. Homes tend to sell quickly, and bidding wars are not uncommon, particularly in popular neighborhoods. Buyers should be prepared to act fast in this dynamic market.

With the combination of low inventory and high demand, home prices have steadily increased over the past few months, making San Mateo an attractive option for both families and investors looking for long-term value.

Rent Prices In San Mateo, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in San Mateo, CA, is on a rollercoaster ride. The average rent price in San Mateo, CA, is $3,889.00. Indeed, when looking to rent in San Mateo, CA, you can expect to pay as little as $1,720.00 or as much as $7,480.00, with the average rent median estimated to be $3,800.00. The good news is that finding an affordable and desirable property to rent in San Mateo, 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.