San Mateo County – Q1 2026 Market Overview



San Mateo County entered 2026 with a sharp drop in inventory from late 2025 levels, followed by a steady rebound as the quarter progressed. Sales activity mirrored this trend, dipping early in Q1 before picking up toward the end of the quarter, signaling renewed buyer demand heading into spring. Median sales prices experienced some volatility but remained generally stable in the mid-to-high $1.6M range, while price per square foot held near $1,100 with slight fluctuations. Days on market spiked at the start of the year before declining, indicating a shift from a slower winter pace to more active market conditions as Q2 approaches.