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Bay Meadows Belle Mont Beresford (Beresford Park) Cipriani Clearview Downtown Belmont (Downtown) East Hillsdale East San Mateo (East) Fiesta Gardens Glendale Village Hacienda Haywood Park Hillsdale Hillsdale (The Lanes) Laguna Vista Lakeshore Laurel Laurelwood Laurie Meadows Lauriedale Marina Lagoon Park Western Parkside Plateau-Skymont (Plateau Skymont) San Mateo Terrace Shoreview South San Mateo (South) Sterling Downs Sugarloaf (Sugarloaf Mountain) Western Hills Westwood Knolls

SAN MATEO, CA 94403

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94403

Bay Meadows · Belle Mont · Beresford (Beresford Park) · Cipriani · Clearview · Downtown Belmont (Downtown) · East Hillsdale · East San Mateo (East) · Fiesta Gardens · Glendale Village · Hacienda · Haywood Park · Hillsdale · Hillsdale (The Lanes) · Laguna Vista · Lakeshore · Laurel · Laurelwood · Laurie Meadows · Lauriedale · Marina Lagoon · Park Western · Parkside · Plateau-Skymont (Plateau Skymont) · San Mateo Terrace · Shoreview · South San Mateo (South) · Sterling Downs · Sugarloaf (Sugarloaf Mountain) · Western Hills · Westwood Knolls

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SAN MATEO, CA real estate market (94403) currently shows 42 active listings, with 17 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 23 days on market compared to 16 days last year.

The median listing price has risen 7.5% year-over-year, from $1,597,500 to $1,717,340.

Whether you are buying or selling in SAN MATEO, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,858  ·  Density: 3,006.3/mi²  ·  Median household income: $171,213

Typical home value: $1,686,160  ·  Homeownership: 52.8%

Market Overview

Active Listings
42
⇧ 5% vs 40 last year
Pending
17
40% pending ratio
Median Price
$1,717,340
⇧ 7.5% vs $1,597,500 last year
Average Price
$1,751,264
⇧ 7.8% vs $1,625,084 last year
Days on Market
23
⇧ 43.8% vs 16 days last year

Price Per Square Foot

Median $/sqft
$975
⇩ 0.5% vs $980/sqft last year
Median Home Size
1,748 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 40 last year
  • Days on market: 23 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $1,717,340 (+7.5% YoY)
  • Average: $1,751,264 (+7.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.8 miles — 264 listings ($604,889,405 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94403San Mateo, CA 944030.0 mi23$42,351,740$1,690,060$1,841,380
94002Belmont, CA 940021.7 mi13$25,023,414$1,549,000$1,924,878
94401San Mateo, CA 944012.6 mi24$24,372,624$799,000$1,015,526
94070San Carlos, CA 940703.4 mi26$58,755,892$1,555,000$2,259,842
94063Redwood City, CA 940636.1 mi11$12,918,829$1,144,000$1,174,439
94030Millbrae, CA 940306.9 mi19$32,265,857$1,384,444$1,698,203
94027Atherton, CA 940278.1 mi8$107,913,000$13,874,000$13,489,125
94025Menlo Park, CA 940259.0 mi43$146,931,645$2,288,000$3,417,015
94018El Granada, CA 940189.5 mi6$8,804,400$1,498,500$1,467,400
94080South San Francisco, CA 9408010.3 mi23$25,064,089$1,098,944$1,089,743
94044Pacifica, CA 9404410.7 mi31$47,091,387$1,275,888$1,519,077
94305Stanford, CA 9430511.2 mi3$2,364,000$788,000$788,000
94303Palo Alto, CA 9430311.8 mi34$71,032,528$1,200,000$2,089,192

Frequently Asked Questions

How many homes are for sale in SAN MATEO, CA 94403?

As of February 2026, there are 42 active listings in SAN MATEO, CA (zip code 94403), compared to 40 the prior year.

What is the median home price in SAN MATEO, CA 94403?

The median listing price in SAN MATEO, CA 94403 is $1,717,340 as of February 2026, a 7.5% increase from $1,597,500 the prior year.

How long do homes stay on the market in SAN MATEO, CA?

Homes in SAN MATEO, CA 94403 spend an average of 23 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in SAN MATEO, CA 94403?

Based on current inventory and days-on-market data as of February 2026, SAN MATEO, CA 94403 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 23 days on market compared to 16 days last year.

How much can I save on real estate commission in SAN MATEO, CA?

With SELL123.com's maximum 3% commission, sellers in SAN MATEO, CA 94403 save an estimated $34,347 compared to a typical 5% commission on the median listing price of $1,717,340. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.