Why Live in Downtown San Mateo
Downtown San Mateo is a vibrant neighborhood located in the heart of the San Francisco Peninsula. This bustling area spans five square blocks and features a mix of contemporary mid-rise condos, colorful residential streets, and thriving businesses, including tech start-ups and Michelin-star restaurants. Central Park serves as the centerpiece, offering amenities like playgrounds, picnic areas, an ice-skating rink, tennis courts, and the serene San Mateo Japanese Garden. The neighborhood is highly walkable and bikeable, with excellent public transportation options, including SamTrans bus service and a nearby train station. San Francisco International Airport is just 7 miles away, and El Camino Real Road provides easy access to Highway 82.
Dining options in Downtown San Mateo are diverse, with highlights such as Sushi Yoshizumi, Espetus San Mateo, and Wursthall. Residents can shop for groceries at Drager’s Market, Takahashi Market, and Suruki Supermarket. The Shops on the Court is a popular retail destination. Housing in the area includes a mix of condos, townhomes, and single-family homes, with architectural styles ranging from Eichler homes to Spanish California homes and bungalows. Condominiums often come with amenities like clubhouses, fitness centers, pools, and spas.
The neighborhood hosts several community events, including the San Mateo Fall Fest, SummerFest, and the Central Park Music Series. Public schools in the area include Sunnybrae Elementary School and Abbott Middle School, with Aragon High School being highly rated and offering advanced dual enrollment classes and a unique Biotechnology program. Downtown San Mateo is known for its low crime risk, making it a safer area compared to the national average.
Home Trends in Downtown San Mateo, CA
On average, homes in Downtown San Mateo, San Mateo sell after 124 days on the market compared to the national average of 50 days. The median sale price for homes in Downtown San Mateo, San Mateo over the last 12 months is $943,700, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$943,700
Median Single Family Sale Price
$1,600,000
Median Townhouse Sale Price
$1,260,000
Median 2 Bedroom Sale Price
$882,500
Median 1 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$706
Number of Homes for Sale
23
Last 12 months Home Sales
107
Median List Price
$975,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%