3 minute read

San Mateo 2019 Market Report

SOLD

San Mateo 2019 MARKET REPORT

FEATURED HOME

175 W Bellevue Avenue, San Mateo 94402 Class: Res. Single Family List Price: $6,488,000 Status:Sold Beds: 6 Sale Price:$5,800,000 MLS#: ML81740199 Baths (F/P): 8 (7/1) List Date: 02/25/2019 DOM: 57 SqFt: 4,230 SqFt (Tax) COE Date: 06/05/2019 HOA Fee: Lot Size: 1.08 Acres X St: Crescent Ave Elem: Park Elementary / San Mateo-Foster City Elementary High: San Mateo High / San Mateo Union High Public:Opulent Old-World Charm in San Mateo Park. Located on a gated 1.08 acre lot (per county), this exquisite 6 bedroom, 7.5 bath estate of 4,230 square feet (per county) showcases grand spaces fit for entertaining. Luxurious sun-filled gathering rooms, an upstairs master suite, and chefs kitchen with Sub-Zero appliances await in the main house. Outside, the detached garage houses two guest suites while the poolhouse features a full bar, hot tub, wine cellar, and the second oldest pool in all of San Mateo County. Tying back to its historic roots, the majestic grounds were developed by John McLaren, the designer of Golden Gate Park, and this estate was previously owned by the famous Zellerbach family. Bordering beautiful Hillsborough and scenic Cherry Canyon Park, this exclusive location is also mere minutes away from award-winning downtown San Mateo amenities.

2019 SOLD STATISTICS

PRICE RANGE SOLD PERCENTAGE SOLD < $800K 71 g $800K-$1M 95 g $1M-$1.5M 315 ggg $1.5M-2M 190 gg $2M-$3M 110 gg $3M-$4M 17 g $4M-$5M 4 g $5M-$6M 1 g $6M-8M $8M-$10 > $10M

MARKET TRENDS | MONTHLY & YEARLY

120

100

80

60

40

20

0

San Mateo Homes Sold

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018

2019

Factors such as location, location, location, lot size, upgrades, and schools effect the desirabilty and price. Overall, smaller, starter homes will have the highest Price/SqFt and highest demand.

TOP PRICE/SQFT PER PRICE RANGE ADDRESS LIST PRICE SOLD PRICE % OVER DOM BEDS BATH SQ FT PRICE SF < $800K (71 Homes Sold) 688 Mariners Island Blvd #111 $495,000 $515,000 4.0% 6 0 1|0 412 $1,250 $800K - $1M (95 Homes Sold) 1070 S Claremont Street $1,038,000 $931,000 -10.3% 40 2 1|0 830 $1,122 $1M - $1.5M (315 Homes Sold) 3945 Gillis Drive $1,095,000 $1,320,000 17.0% 7 2 1|0 860 $1,535 $1.5M - $2M (190 Homes Sold) 1284 Laurel Hill Drive $1,998,888 $1,950,000 -2.5% 9 3 2|1 1,860 $1,048 $2M - $3M (110 Homes Sold) 531 W Poplar Avenue $1,850,000 $2,531,000 36.8% 0 2 1|1 1,330 $1,903 $3M - $4M (17 Homes Sold) 830 Bromfield Road $3,395,000 $3,375,000 -0.6% 6 3 3|0 2,035 $1,658 $4M - $5M (4 Homes Sold) 36 Belford Way $3,888,000 $4,150,000 6.3% 11 4 3|1 2,940 $1,412 $5M - $6M (1 Homes Sold) 175 W Bellevue Avenue $6,488,000 $5,800,000 -10.6% 57 6 7|1 4,230 $1,371 $6M - $8M (0 Homes Sold)

$8M - $10M (0 Homes Sold)

> $10M (0 Homes Sold)

Kevin Brehmer Luxury Property Specialist www.KBrehmerRealtor.com kbrehmer@KBrehmerRealtor.com 650-485-1680 cell CalRE #02040055 NvRE: #0066171

The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. ©2018 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. CalRE #01908304.