With the neighboring towns of Burlingame to the north and Belmont to the south, San Mateo is perhaps the most traditional of mid-Peninsula cities. And as one of the larger suburbs on the San Francisco Peninsula, the city stands out with its long history and wide spectrum of neighborhoods. Downtown retains a historic feel and is fairly large, offering great restaurants, shops and theaters. San Mateo's many pre-World War II neighborhoods have a broad range of styles and prices, and have aged gracefully. There is plenty of new construction too, from stunning contemporary homes to comfortable hillside ranchers. Historic charm and cozy neighborhoods make San Mateo a great place to call home.
The market has continued to prove that inventory is the key to sales. Available listed properties have remained constrained, and well cared for homes that are priced appropriately receive lots of attention, with serious buyers willing to stretch their budgets to successfully complete a purchase. With the constraints on foreign economies, there is less pressure from non-resident buyers, and although there is activity across all price ranges, the sweet spot seems to be in the starter to mid-level price points in most communities.