Last month’s Mid-Peninsula data reinforces the region’s position as one of the Bay Area’s most competitive and high-priced markets. Single Family homes dominated activity, closing at a median price above $2.4M and spending less than 10 days on the market on average. Burlingame and Menlo Park posted some of the fastest absorption rates, reflecting strong demand driven by schools, commute access, and long-term value.

Last month’s Mid-Peninsula market activity was firmly anchored by single-family home sales, which accounted for all meaningful closed transactions across the region. Median pricing remained elevated, reflecting continued demand for proximity to major job centers, top schools, and established neighborhoods.

The last 30 days in the Mid-Peninsula (Burlingame, Millbrae, San Mateo, Foster City, Belmont, San Carlos, Redwood City, Menlo Park, Atherton) show a very strong, clearly tiered single-family market with consistent buyer demand across price points.

The Mid-Peninsula housing market continues to reflect one of the strongest dynamics in the Bay Area, combining luxury pricing with rapid sales velocity. Over the past month, 255 homes sold with 203 pending and 224 still active—showing a healthy balance between demand and inventory.

The Mid-Peninsula housing market displayed remarkable resilience and speed this past month, with 226 closed sales and a strong 212 pendings, reinforcing a deep pool of motivated buyers. Single-family homes led performance with a $2.48M median price and a swift 11-day median DOM, reflecting intense competition and limited supply.

The Mid-Peninsula market remained active last month with 210 sold/closed transactions against 204 active and 192 pending listings, signaling steady buyer demand alongside meaningful inventory. Single Family homes dominated activity: 189 closed sales at a $2.37M median and a swift 12-day median DOM. Performance varied by city.

Mid-Peninsula saw 210 SF homes at $2.3M/13d, 20 TH at $1.35M/20.5d, no CO closures. Actives234 vs. Sold230 and 176 pendings reveal a balanced, active market.

JUN 2025: Mid-Peninsula Market Update