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 12/31/2024)

Prices

Average home price for the Coast in 2024 was $1,882,000 (median price $1,600,000)
Home prices rose 7% from 2023 but were down 3% from 2022
Home prices hit all time high in 2022 at $1,933,000

Unit Sales

180 homes sold in 2024, up 7% from 2023 but down 18% from 2022
2024 was the 3rd lowest - and 2023 the 2nd lowest - level of sales since 2000

Days on Market

Average selling time is 53 days, up from 40 days in 2023 and 26 days in 2022
51% of homes sold in less than 30 days
33% of homes over list price

Price Ranges

Sale prices ranged from $550,000 to $14,500,000 (a new record high)
6% of sales were under $1,000,000
30% of sales were between $1,000,000 and $1,500,000
38% of sales were between $1,500,000 and $2,000,000
26% of sales were over $2,000,000

Sales by Town

Half Moon Bay average sales price is $2,167,000, up 12% from 2023
El Granada average sales price is $1,603,000, up 3% from 2023
Moss Beach average sales price is $1,767,000, up 9% from 2023
Montara average sales price is $1,483,000, up 1% from 2023
South Coast average sales price is $1,867,000, up 86% from 2023
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 $779,000, down 8% from 2023
Prices hit an all-time high in 2022
HOA monthly fees ranged from $445 to $726
Prices and percent changes are due to low volume and mix of different complex sales

San Mateo County

San Mateo County is one of most expensive counties for real estate
All towns in the county except two have an average sales price over $1,000,000
Average sales price for the county is $2,541,000 (median price is $1,950,000)
Average sales price is up 4% over 2023 and up 2% over 2022
Prices ranged from $512,000 to $31.8 million
3569 homes were sold in 2024, up 8% from 2023 but down 10% from 2022
Average selling time is 23 Days, down from 25 Days in 2023 but up from 20 Days in 2022
5% of all home sales were under $1 million
46% of all home sales were between $1 million to $2 million
42% of all home sales were between $2 million to $5 million
7% of all home sales were over $5 million
Homes in the county sold for 106% of list price in 2024, 103% in 2023, and 107% in 2022
Homes on the coast sold for 100% of list price in 2024, 99% in 2023, and 103% in 2022