We’re thrilled to bring you the latest scoop on our local real estate market for July 2025. As your go-to real estate experts in San Mateo County, we’re breaking down the numbers so you can easily see what’s going on. And if you’re planning to buy or sell in the San Francisco Bay Area, feel free to reach out — we’re here to help you navigate the market with confidence.
A Market Holding Strong Despite a Shaky Spring
Spring brought a lot of economic uncertainty across the Bay Area, which slowed sales in many regions. But San Mateo County proved resilient — especially in our most affluent cities and towns — thanks in part to the ongoing AI boom in Silicon Valley and San Francisco.
Now, as of early August, the picture is looking brighter:
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Economic volatility has eased from spring’s highs
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Stock markets are hitting record levels
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Interest rates dropped to their lowest point of 2025
If these positive economic signals hold, we could see the market gain even more momentum through the rest of the year.
Home Prices Stay Strong
Median house prices in San Mateo County remain high compared to historical levels, and July’s numbers showed stability after the ups and downs earlier this year. This reflects steady demand and the county’s strong position in the Bay Area housing market.
Remember, median price is the midpoint — half the homes sold for more, half for less. While it’s a good market snapshot, factors like home size, location, and condition can cause monthly changes.
Mortgage Rates Hit 2025 Lows
In early August, the average 30-year fixed mortgage rate hit its lowest point of the year, making monthly payments more manageable for buyers. This is a big shift from the rate spikes we saw last year.
Lower rates, combined with more inventory, could encourage more buyers to take the leap before the year ends.
Inventory at a 5-Year High
Active listings at the start of August reached their highest early-August level in more than five years. This means more choices for buyers and potentially less competition for certain properties.
That said, well-priced, well-presented homes are still attracting strong interest and competitive offers.
Overbidding is Still Common
In July, 54% of homes sold above the asking price, with an average sale price about 3% higher than list price. While that’s lower than the peak overbidding levels of 2022, it still shows strong buyer competition for the right homes.
Homes Are Selling Faster
The average days on market in July was about 8% lower than last year, showing that serious buyers are ready to move quickly — especially on well-priced listings.
What This Means for You
For buyers: More inventory and lower rates could make this a great time to shop for your next home.
For sellers: Strong demand is still there, especially if your home is priced right and shows well.
Every home and neighborhood is unique, so your best move is to get a personalized market analysis before making any decisions.
Let’s Talk About Your Next Step
Whether you’re buying, selling, or just curious, we’d love to help you understand what today’s market means for you.
📞 Contact us today — let’s make your real estate goals happen.
Note: Data is based on July 2025 MLS sales in San Mateo County and reliable economic sources. All numbers are approximate and subject to change as late sales are reported.
