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