Last week in San Mateo, 175 residential properties were sold, with an average price of $2.4 million and an average cost of $1,214 per square foot. The highest transaction was a $13.8 million home in Hillsborough, indicative of the luxury real estate market's strength. Various notable sales included properties on Sugar Hill Drive, Cedar Court, Pear Court, and Palmer Lane, with their respective sale prices showcasing a competitive landscape in the high-end market.
A house in Hillsborough that sold for $13.8 million tops the list of the most expensive residential real estate sales in San Mateo in the past week.
In total, 175 residential real estate sales were recorded in the area during the past week, with an average price of $2.4 million.
The prices in the list below concern real estate sales where the title was recorded during the week of May 26 even if the property may have been sold earlier.
The sale of the single-family home in the 500 block of Palmer Lane in Menlo Park has been finalized at a price of $5,500,000.
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