San Mateo
Situated in the heart of the San Francisco Peninsula, is a vibrant city known for its diverse neighborhoods, excellent schools, and thriving downtown area. With a population of approximately 105,000 residents, San Mateo offers a blend of urban and suburban living, making it an attractive destination for families, young professionals, and retirees alike. The city's proximity to major tech hubs, combined with its rich cultural heritage and numerous parks, contributes to a high quality of life for its residents.
Recent Market Trends
As of December 2024, San Mateo's real estate market has experienced significant growth. The median home sold price was approximately $1.65 million, reflecting a 13.9% increase from the previous year. The median price per square foot stood at $1,066, indicating strong demand for properties in this desirable location.
Real Estate
San Mateo offers a diverse range of housing options to accommodate various preferences and budgets. Single-family homes are predominant, with average prices around $1.7 million, providing spacious living environments ideal for families. Condominiums and townhouses are also available, typically ranging from $1 million to $1.3 million, appealing to first-time buyers and those seeking lower-maintenance living. The variety of property types ensures that San Mateo caters to a wide demographic, from young professionals to retirees.
Key Features & Attractions
Sawyer Camp Trail: A popular 12-mile trail offering scenic views, ideal for hiking and biking.
The San Mateo Japanese Garden: Located in Central Park, this tranquil garden provides a serene escape with traditional Japanese landscaping.
Downtown San Mateo: A bustling area filled with diverse dining options, boutique shops, and entertainment venues.
Coyote Point Recreation Area: A waterfront park featuring picnic areas, a marina, and the CuriOdyssey science museum.
