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Welcome to The Rossetti Realty Market Update.
If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends.
According to MLS Listings, the marketplace for San Mateo County residential properties here’s what happened in Q3 2026 VS Q3 2025:
The Number of SOLD listings decreased by 1% to 1,320 properties, with a top sale of $70,000,000 at 3000 Ralston Avenue.
The Average Sales Price increased by 15% to $2,507,706, while the Average Price per Square Foot increased by 6% to $1,163.
As measured in monthly supply, the inventory of properties available for sale decreased by 5% to 1.90 months’ worth of inventory.
The average 30-year fixed mortgage rate increased by 15% to 7.18%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
