When is it the Best Time to Sell in San Mateo County?

Have you ever wondered when it would be best to sell your home in San Mateo County? First off, if your home is located in one of the following cities, you should continue reading!:

  • Daly City
  • South San Francisco
  • Brisbane
  • San Bruno
  • Millbrae
  • Burlingame
  • San Mateo
  • Redwood City
  • Redwood Shores
  • Foster City
  • Hillsborough
  • San Carlos
  • Belmont
  • Pacifica

Even if your city is not listed here, we will be sharing with you the trends for selling a home from a seasonal perspective. We pulled the data below with the following parameters:

  • San Mateo County
  • 5 Years Back of Data
  • All Residential Sales (Condominiums, Townhomes & Single Family Residences)

Here's our findings:

List to Sales Price Peaks in San Mateo County

  • In 2015, May was the month with the highest List to Sales Price ratio
  • In 2016, April was the month with the highest List to Sales Price ratio
  • In 2017, May was the month with the highest List to Sales Price ratio
  • In 2018, March was the month with the highest List to Sales Price ratio
  • In 2019, June was the month with the highest List to Sales Price ratio
  • In 2020, April was the month with the highest List to Sales Price ratio
Homes Sold Peak vs Active For Sale Peak 

  • In 2015, July had the most homes sell before the peak of inventory in October
  • In 2016, July had the most homes sell before the peak of inventory in October
  • In 2017, July had the most homes sell before the peak of inventory in October
  • In 2018, June had the most homes sell before the peak of inventory in October
  • In 2019, May had the most homes sell before the peak of inventory in September
  • In 2020, August had the most home sell before the peak of inventory in October

 

Highest Prices for Homes Sold

  • In 2015, June had the highest prices for homes sold
  • In 2016, May had the highest prices for homes sold
  • In 2017, May had the highest prices for homes sold
  • In 2018, June had the highest prices for homes sold
  • In 2019, June had the highest prices for homes sold
  • In 2020, June had the highest prices for homes sold

One thing to keep in mind for the peaks in each respective chart - the decision to accept an offer was likely made 30 days +/- before the recorded sale. 

We hope you found this information to be helpful and if you are to have any specific questions about your home, neighborhood, city or county - please call us at 650.852.1400, email us at wilson@teamwlrea.com or fill out your information below!

 

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