San Mateo Terrace San Mateo, CA
West of El Camino in south-central San Mateo, with single-family homes and strong demand.
Living in San Mateo Terrace
San Mateo Terrace was part of the former Beresford estate, where developer David Bohannon, who also built Hillsdale Shopping Center, bought more than 800 acres in 1937 with plans for thousands of modestly priced homes. Work on the 150-acre San Mateo Terrace began in 1947, and the neighborhood of single-family homes west of El Camino Real still reflects that postwar plan. It's a steady, competitive market: 22 sales in the last 12 months at a median around $2.35M, with homes selling in a median of 10 days at about 109% of asking in 2025, and the median rose about 67% from 2015–16 to 2024–25.
Parking & walkability: Most homes have a driveway and a garage, and street parking is generally easy. Hillsdale Shopping Center, the Hillsdale Caltrain station and El Camino Real's shops are a short walk or bike ride for much of the neighborhood, and Highway 92 is close by.
What homes in San Mateo Terrace are doing
Single-family homes in San Mateo Terrace sold for a median of about $1.34M in 2015–16 and $2.24M in 2024–25, a 67% increase, ahead of San Mateo as a whole (+63%). In 2025, homes here sold quickly (median 10 days on market) and usually above asking (108.6% of list price on average). So far in 2026 (14 sales through September), the median is $2.27M.
Median single-family price, 2015–2026
* 2026 covers January through September. Hollow dots mark years with fewer than 3 single-family sales; treat those medians as rough. 311 single-family sales since 2015.
| Year | Sales | Median price | $/sq ft | Days on market | Sale-to-list |
|---|---|---|---|---|---|
| 2026 (Jan–Sep) | 14 | $2.27M | $1,326 | 10 | 109.2% |
| 2025 | 25 | $2.25M | $1,223 | 10 | 108.6% |
| 2024 | 24 | $2.23M | $1,212 | 12 | 103.2% |
| 2023 | 20 | $1.97M | $1,269 | 11 | 105.0% |
| 2022 | 33 | $2.17M | $1,218 | 10 | 108.9% |
| 2021 | 35 | $1.91M | $1,238 | 8 | 113.7% |
| 2020 | 34 | $1.7M | $1,002 | 14 | 102.5% |
| 2019 | 25 | $1.7M | $1,040 | 12 | 105.0% |
| 2018 | 29 | $1.7M | $1,027 | 12 | 108.9% |
| 2017 | 29 | $1.58M | $958 | 9 | 114.9% |
| 2016 | 25 | $1.41M | $897 | 11 | 109.0% |
| 2015 | 18 | $1.25M | $796 | 13 | 118.9% |
San Mateo Terrace on the map
Borders are built lot by lot from the county's property lines and where homes have been listed (MLS neighborhood codes), and stay inside official city limits (dashed), so a home or two along an edge may differ from official MLS lines.
Other San Mateo neighborhoods
- Baywood
- San Mateo Park
- Aragon
- Hayward Park
- Sugarloaf & Laurelwood
- Shoreview & Seal Point
- Beresford & Hillsdale
- 19th Avenue Park & Sunnybrae
- Baywood Knolls
- Baywood Park
- Bowie Estate
- Eastern Addition & Downtown
- Edgewater Isle
- Fiesta Gardens
- Foothill Terrace
- Harbortown
- Homestead & Husing
- Lakeshore
- Lauriedale
- Los Prados
- Mariner's Isle
- Parkside
- San Mateo Knolls & Laurel Creek
- San Mateo Village & Glendale Village
- San Mateo Woods & Bayridge
- The Highlands & Ticonderoga
- Westwood Knolls
Thinking about buying or selling in San Mateo Terrace?
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Source: MLSListings, Inc. closed sales, 2015–September 2026, summarized by Drew Lehr. Neighborhood figures combine the MLS area(s) that make up San Mateo Terrace; where there are several, yearly figures are sales-weighted. Information deemed reliable but not guaranteed.