You can’t get more diverse in the mid-Peninsula than in San Mateo –and we’re not talking only ethnically and socially but also when it comes to real estate. From mansions in San Mateo Park to waterfront residences in Shoreview, Eichlers in the Highlands and classic cottages in the 9th Avenue/ Central Park area, San Mateo certainly has something for everyone.
Many converge on San Mateo for its big-city feel. With its sophisticated public transportation system, multiple shopping districts, a large indoor mall, numerous parks, restaurants and a 12-screen theater in the heart of a bustling downtown district, San Mateo has a lot to offer everyone, from new homeowners just starting out to retirees hoping to downsize.
San Mateo ranks 70th on the state’s list of large communities, with a population of roughly 100,000 residents. But you might not feel that way if you lived there. San Mateo consists of many neighborhoods, all with a tight neighborhood feel. With numerous recreations centers, libraries, parks and outdoor event spots, San Mateo has an overall big-city feel that is dotted with that sense of community that bring many to search for homes in the mid-Peninsula market.
San Mateo Statistics
Median Income: $95,667
# of Single Family Homes: 19,065
# of Condominiums: 6,580
Average Sales Price of Single Family Homes in 2017: $1,623,411
Average Sales Price of Condominiums in 2017: $776,995
Average Price per Square Foot of Single Family Homes in 2017: $951
Average Price per Square Foot of Condominiums in 2017: $747
“population estimates, July 1, 2016” and “median household income (in 2016 dollars), 2012-2016. All home price and price per square foot stats were pulled directly from the MLS.