Half Moon Bay Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
7.3% YoY
Median Price/Sqft
0.7% YoY
No. of Transactions
-5.7% YoY
County Median Sale Price
4.2% YoY
In Q3, the median home sale price in Half Moon Bay was $1.6M, an increase of 7.3% year-over-year. By contrast, sales activity trended down with 33 deals closed, representing a decline of -5.7% compared to the same period last year. The median price per square foot in Q3 was $761, a change of 0.7% year-over-year, while the median sale price in San Mateo County was $1.6M.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in San Mateo County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Atherton | $7,325,000 |
| 2 | Hillsborough | $5,174,500 |
| 3 | Menlo Park | $2,800,000 |
| 4 | Burlingame | $2,800,000 |
| 5 | Belmont | $2,170,000 |
| 6 | San Carlos | $1,809,000 |
| 7 | Redwood City | $1,801,000 |
| 8 | Millbrae | $1,780,000 |
| 9 | San Mateo | $1,645,000 |
| 10 | Half Moon Bay | $1,589,000 |
| 11 | Foster City | $1,558,000 |
| 12 | South San Francisco | $1,260,000 |
| 13 | Pacifica | $1,207,500 |
| 14 | San Bruno | $1,150,000 |
| 15 | Daly City | $1,100,000 |
Residential Property Types Sold in Half Moon Bay
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $800K | -5.9% | $842 | 17.6% | 5 |
| House | $1.7M | 6.5% | $760 | -7.9% | 28 |
The median sale price for houses in Half Moon Bay in Q3 was $1.7M, up 6.5% year-over-year (Y-o-Y). By contrast, the median sale price for condos in Half Moon Bay was trending down at -5.9% year-over-year, closing Q3 at $800K.
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