With daylight saving time returning and the days growing longer (yeah!), the spring selling season is gaining momentum across the Peninsula. More homes are beginning to come to market, though inventory remains limited compared with buyer demand in many areas.
Market activity across San Mateo County continues to vary widely depending on location and price range. In many entry-level segments, there are multiple offers and homes selling over the asking price. In country communities like ours here in Portola Valley, however, the dynamics are often different. Our properties tend to attract a more selective buyer pool, making careful pricing, mindful preparation, and strategic market positioning especially important.
Homes that are beautifully presented and properly priced continue to attract the strongest interest from qualified buyers. When preparation and pricing align with current market conditions, the results can be very successful.
Another factor influencing today’s housing market is the extraordinary momentum of Silicon Valley’s artificial intelligence sector. Venture funding, company growth, and stock performance tied to AI are creating renewed confidence and liquidity across the region. Historically, major innovation cycles in Silicon Valley have translated directly into housing demand, and the rapid expansion of the AI industry is already beginning to shape the real estate landscape once again.
In addition to our regular snapshots of local real estate markets, here’s a look at San Mateo and Santa Clara countie single-family home sales from January 1 through March 7:
San Mateo
2026: 453 homes sold
2025: 401 homes sold
2024: 432 homes sold
2023: 361 homes sold
Santa Clara
2026: 985 homes sold
2025: 953 homes sold
2024: 947 homes sold
2023: 788 homes sold
While every property and neighborhood behaves differently, the data highlights the continued strength throughout the region. For sellers, we can’t emphasize enough that careful preparation and accurate pricing remain the keys to achieving the best result. For buyers, experienced guidance continues to be essential in navigating this dynamic market. Please feel free to reach out anytime to discuss your plans or the current market.
