Market updates
San Mateo stayed very competitive as national price growth stayed modest
Local prices and competition ran well ahead of the national average through August 31, 2026, and the numbers behind that gap are worth knowing before you price anything.
Read the post →San Francisco prices rose 14%, but Palo Alto is splitting by part
The three months ending August 31, 2026 showed a $1,925,000 gap between two Palo Alto ZIP codes, so the city-wide story misses what is happening on your street.
Primary Buy Box is splitting into fast and slower markets
Through August 31, 2026, some ZIP codes here closed in 12 days with 1 month of supply, while one sat at 59 days and 5.9 months. That gap is the whole story.
One of the fastest parts of the market got even faster
In the three months ending August 31, 2026, one ZIP code here had 62.8% of homes under contract within two weeks, and just 1.1 months of supply.
Parts of this market still moved far faster than the U.S. in late summer
Even as mortgage rates topped 7% nationally in September 2026, several ZIP codes here held just 1.1 to 1.2 months of supply and sold most homes above list price.
One part of the market is still moving fast and over list
In the three months ending August 31, 2026, ZIP codes 94402 and 94403 showed some of the tightest conditions in this market, even as Freddie Mac put the 30-year fixed rate at 7.40% on October 8, 2026.
One part of Primary Buy Box is giving buyers more room
ZIP 95033 is running softer than the rest of the market, and the numbers from the three months ending July 31, 2026 show exactly why.
Part of Palo Alto stayed tight even as U.S. supply reached 4.9 months
In ZIP 94301, the Real Estate Data Aggregator counted just 0.9 months of supply for the three months ending July 31, 2026, while the National Association of Realtors put U.S. supply at 4.9 months in August 2026.
Best to Worst: How Median Home Prices Stacked Up Across These Nine Communities This Summer
Twelve weeks ending August 30, 2026: the territory's median sold price was $2,810,000, with a median 35 days to sell, as prices ranged sharply from one community to the next.
Los Gatos Priced One Way A Year Ago. It Prices Differently Now.
In the twelve weeks ending August 30, 2026, the median sold price in Los Gatos climbed to $3,800,000 from $3,000,000 a year earlier, even as homes there took longer to find a buyer.
Same Buy Box, Two Different Clocks: Los Altos Moves in Days, the Redwood City Hills Take Months
Twelve weeks ending August 23, 2026: two markets inside the same territory moved at dramatically different paces, one measured in days, the other stretching past a month and a half.
Want this in your inbox?
The same market update, by email. Plain English, real numbers.
(650) 799-8888