The Silicon Valley Real Estate Market Trends Report

September 2026 Report

Single Family Homes in San Mateo County, All Cities, All Neighborhoods Change >

Median Price

$2,300,000

+4.5%

Average Price

$2,813,960

-8.8%

No. Sold

260

-0.4%

Pending Properties

252

+18.9%

Active

350

+7.4%

Sale/List Price Ratio

105.5%

-1.1%

Days on Market

-13.7%

Days of Inventory

+4.2%

Trends At a Glance	Sep 2026	Previous Month	Year-over-Year
Median Price	$2,300,000 (+4.5%)	$2,200,000	$2,150,000 (+7.0%)
Average Price	$2,813,960 (-8.8%)	$3,085,620	$2,789,530 (+0.9%)
No. of Sales	260 (-0.4%)	261	294 (-11.6%)
Pending	252 (+18.9%)	212	269 (-6.3%)
Active	350 (+7.4%)	326	429 (-18.4%)
Sale vs. List Price	105.5% (-1.1%)	106.7%	103.3% (+2.2%)
Days on Market	21 (-13.7%)	24	30 (-30.7%)
Days of Inventory	39 (+4.2%)	37	42 (-7.7%)

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City

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Property Types

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Market Barometer

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Market Commentary

Home Sales Down in Sep 2026

Sales fell 0.4% from the month before, and were down 11.6% year-over-year.

Prices improved in Sep 2026 with the median price climbing 4.5% from the previous month, up 7.0% compared to last year. The average price fell 8.8%, a yearly gain of 0.9%.

Inventory rose 11.9% from last month, and was down 13.8% year-over-year.