california's best kept secret

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 12/31/2022)

Prices

  • Average Home price for the Coast is $1,933,000 (Median Price $1,625,000)
  • Home prices rose 16% in 2022 and 9% in 2021
  • Home prices hit an all time high in 2022

Unit Sales

  • 219 homes sold in 2022, down 26% from 2021
  • Sales volume peaked in 1999 with 429 sales

Days on Market

  • Average selling time is 26 days, up from 25 days in 2021
  • 73% of all sales occurred in less than 30 days
  • 53% of all sales were over list price

Price Ranges

  • Prices ranged from $425,000 to $10,750,000
  • 7% of all sales were under $1 million
  • 32% of all sales were between $1 million to $1.5 million
  • 31% of all sales were between $1.5 million to $2 million
  • 30% of all sales were over $2 million
  • Homes sold for 104% of list price

Sales by Town

  • Half Moon Bay - $1,952,000, up 6%
  • El Granada - $2,042,000, up 29%
  • Moss Beach - $1,880,000, up 25%
  • Montara - $1,785,000, down 1%
  • South Coast - $2,086,000, up 43%
  • 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 $996,000, up 15%
  • Prices hit an all time high in 2022
  • Prices ranged from $720,000 to $1,705,000
  • HOA monthly fees range from $336 to $916
  • 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 County, except one, had average sales price over $1 million
  • Average price for 2022 is $2,479,000, (Median price is $1,910,000)
  • Prices rose 2% in 2022 and 12% in 2021
  • Sales prices ranged from $425,000 to $32.2 million
  • Sales volume was 3,987 in 2022, down 27% from 2021
  • Average selling time was 20 days, down from 21 days in 2021
  • 5% of all sales were under $ 1 million
  • 49% of all sales were over $2 million
  • Homes in County sold for 107% of list price
  • Homes in Coast sold for 104% of list price
  • Fed raised interest rates 7 times in 2022
  • Nasdaq and Dow fell in 2022
  • Available inventory rose, sale pendings fell
  • 1st Half was hot, 2nd Half was not
  • Prices rose, Volume fell
  • homes sold a little slower in 2022
  • homes under $1 million hard to find
  • Coast is less expensive
  • Both rose in 2022

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