california's best kept secret

How Much Homes Cost

When you discover Half Moon Bay, you'll see that homes are special too. Our homes are designed to take advantage of views of the ocean, the mountains, the golf courses and forests. Our architecture is as different as our terrain. We have a home to fit your lifestyle.

We also have a community to meet your needs.

If you want an ocean view home, you can have it. If you want horse property, several towns allow it. You can live on a golf course or you can buy large parcels of land.

Real Estate Facts

(As of 12/31/2023)

Prices

  • Average home price for the Coast is $1,688,000 (median price $1,560,000)
  • Home prices fell 13% from 2022 but were up 1% from 2021
  • Home prices hit all time high in 2022

Unit Sales

  • 168 homes sold in 2023, down 23% from 2022 and down 43% from 2021
  • 2023 was 2nd lowest level of sales since 2000

Days on Market

  • Average selling time is 40 days
  • Up from 26 days in 2022 and 25 days in 2021
  • 58% of all sales occurred in less than 30 days
  • 39% of all sales were over list price

Price Ranges

  • Prices ranged from $540,000 to $3,775,000
  • 6% of sales under $1,000,000
  • 37% of sales between $1,000,000 and $1,500,000
  • 41% of sales between $1,500,000 and $2,000,000
  • 16% of sales over $2,000,000
  • Homes sold for 99% of list price

Sales by Town

  • Half Moon Bay average sales price is $1,928,000, down 1% from 2022
  • El Granada average sales price is $1,555,000, down 23% from 2022
  • Moss Beach average sales price is $1,618,000, down 14% from 2022
  • Montara average sales price is $1,467,000, down 18% from 2022
  • South Coast average sales price is $1,007,000, down 52% from 2022
  • Some prices and percent changes due to unusual sales and/or low volume

Condominiums & Townhouses

  • All complexes are located in Half Moon Bay
  • Average sales price is $846,000, down 15% from 2022
  • Prices hit an all-time high in 2022
  • Prices ranged from $675,000 to $1,100,000
  • HOA monthly fees ranged from $396 to $605
  • Prices and percent changes are result of low volume and mix of complexes

San Mateo County

  • San Mateo County is one of most expensive counties for real estate
  • All towns in the county, except one, had average sales price over $1 million
  • Average sale price for the county is $2,444,000 (median price $1,805,000)
  • Average sale price is down by 1% in 2023 and down 1% from 2021
  • Prices ranged from $410,000 to $44.5 million
  • 3,292 homes sold in 2023, down 18% from 2022 and down 40% from 2021
  • Average selling time was 20 days, down from 21 days in 2021
  • 7% of all sales were under $1 million
  • 44% of all sales were over $2 million
  • 7% of all sales were over $5,000,000
  • Homes in the county sold for 103% of list price
  • Homes on the coast sold for 99% of list price
  • Rates fell in Q4 2023
  • Stock market had a good year
  • Inventory rose slightly, pending sales fell
  • Home prices even with 2021
  • Prices and sales volume fell in 2023
  • Selling time rose in 2022 and 2023
  • Homes under $1 million hard to find
  • Home prices even with 2021
  • 2022 was unusual year with many high sales

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