86 homes in near Laurel Elementary
Homes for Sale near Laurel Elementary
San Mateo, CA
About Homes near Laurel Elementary
These are homes for sale within about 2 miles of Laurel Elementary in San Mateo (Topfind School Score: 2/10). The area around the school has 86 active listings.
Laurel Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.2 months of supply, and selling times have improved 46% versus six months ago. At the same time, 37% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.50M
↓ 7% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.2 months of supply
Tight Supply86 active listings against the current sales pace works out to about 2.2 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 46% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Laurel Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
51%
Homeowners
49%
Renters
Homeownership is 4.5 points lower than the California average (55.5%)
39,760 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $587K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.1M)
Price Reductions
32 listings have reduced their price
37% of active listings
Average reduction: 7.0% (~$105K)
Laurel Elementary Area Market Overview
Laurel Elementary is an elementary school in the San Mateo-Foster City district. It earns a Topfind School Score of 2. Buyers in the Laurel Elementary area are looking at a median list price of $1.5M. That runs roughly 19.9% higher than San Mateo as a whole. Since February, the median price has moved up about 6.2% to $1.9M as of July. The Laurel Elementary area has 86 active listings on the market right now. Listings on this page are selected by distance to Laurel Elementary, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Nearby Schools
Frequently Asked Questions about Homes near Laurel Elementary
How many homes are for sale in Laurel Elementary Area, CA?
There are currently 86 homes for sale in Laurel Elementary Area, ranging from $499,998 to $11,800,000. 17 of them hit the market within the last week.
What is the median home price in Laurel Elementary Area?
The median list price in Laurel Elementary Area is $1,496,800. Price per square foot averages $988. Prices are down 7.1% compared to a year ago.
How fast do homes sell in Laurel Elementary Area?
Homes in Laurel Elementary Area currently average 47 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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