Blog > Where San Mateo Homes Sell Over Asking, Neighborhood by Neighborhood

Where San Mateo Homes Sell Over Asking, Neighborhood by Neighborhood

by Eric & Janelle Boyenga

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In the 24 months to October 27, 2026, 1,554 San Mateo homes sold in the MLS records we can read (houses, condos and townhomes, repeat records removed). The typical one sold for 1.3% over its list price, and 56% sold over asking. For houses alone, the typical sale was 6.4% over and 72% sold over asking. Here is how that breaks down across our 14 San Mateo neighborhood guides.

The short answer

Next steps in San Mateo

Neighborhood by neighborhood

Guides with at least 5 sales, furthest over asking first. “Typical sale” is the median of each home’s sale price divided by the list price on its sale record. Each name opens its guide, with live listings and the last 12 months of sales.

#NeighborhoodSalesTypical saleSold over askingMedian priceHouses: typical sale
1Sunnybrae & 19th Avenue Park758.5% over73%$1.9M8.5% over (73)
2The Highlands526.0% over71%$2.69M6.0% over (52)
3Shoreview & Parkside1705.5% over69%$1.4M8.4% over (148)
4San Mateo Village & Lauriedale964.7% over63%$1.68M8.4% over (75)
5Laurelwood & Sugarloaf454.3% over73%$2.4M4.4% over (41)
6Beresford & Hillsdale2533.4% over62%$2.12M6.6% over (203)
7Hayward Park & Glazenwood303.2% over63%$1.6M5.8% over (17)
8Fiesta Gardens & Bay Meadows892.4% over69%$1.79M7.8% over (31)
9Baywood & Aragon1831.0% over56%$2.67M5.0% over (128)
10Baywood Park & College Heights761.0% over57%$2.32M3.9% over (45)
11San Mateo Park550.1% over53%$3.9M0.2% over (50)
12Downtown & Central119at asking34%$1.05M7.3% over (28)
13Mariner's Island & Lakeshore1480.4% under39%$995K6.9% over (32)
14North Central & San Mateo Heights1610.7% under37%$790K7.9% over (51)

Reading it right

  • Sale-to-list measures price against asking, not value. A seller who lists low to draw offers will show a bigger “over asking” number than one who lists near the expected price, even if both homes sold for what the market would pay.
  • It uses the list price on the sale record, usually the last one, so a home that cut its price and then sold at the new price counts as “at asking.”
  • Small samples swing. Each row shows its sale count; a guide with 6 sales can move a lot when one more home closes.
  • Condos and townhomes behave differently from houses, so the last column shows houses on their own where a guide had at least 5 house sales.
  • Each sale counts once; none falls inside two of our guide outlines. 1,552 of the 1,554 sales fall inside at least one of our guides.

Go deeper

How Much Over Asking tracks the same measure city by city with live MLS data, Bidding Wars by Price splits it by price band, and Homes Selling Under Asking shows the other side. For timing, the best month to sell in San Mateo shows how often homes sold over asking by closing month since 2012. For price per square foot by neighborhood, see San Mateo neighborhoods ranked; the San Mateo city guide links every guide. Across every city we cover: Silicon Valley neighborhoods ranked by sale vs. asking.

The San Mateo data series: housing market by the numbers · neighborhoods ranked by price per sq ft · ten years of prices by neighborhood · condos and townhomes · house prices by bedrooms · houses under $2M · houses at $3.5M and up · the best month to sell · the most expensive streets · lots by neighborhood

Selling in San Mateo?

A Property Nerd will pull the closest recent sales in your neighborhood, show you how they were priced and what they sold for, and help you choose a list-price strategy. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.

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