San Mateo is a Northern California town, about 25 minutes south of San Francisco. The homes available in the San Mateo real estate market run the gamut from ranch style homes and craftsman style homes to condominiums and large mansions.
San Mateo's proximity to San Francisco makes it an ideal location for those interested in buying a home and taking advantage of all the culinary and cultural activities of a city without the headaches of city living. However, San Mateo is considered more of a bedroom community for those working in Silicon Valley, than a city.
In addition, when you invest in San Mateo real estate you will find that San Mateo does not experience the same severe weather patterns that plague San Francisco. Prospective San Mateo homeowners will also be pleased to learn that the city's public schools are excellent. The high school boasts above average graduation rates and the great majority of graduates go on to pursue higher education.
The school district is finishing up a major renovation effort to ensure the schools are earthquake safe. San Mateo has approximately 93,000 residents, and most are considered middle-class. The city is becoming more ethnically diverse, making the city even more attractive to prospective home owners. It seems buying a home in San Mateo will give you everything: a diverse community, Silicon Valley, San Francisco, great weather, and a number of recreational and cultural diversions.
In April 2008, the average home sales price for a single family home or condo in San Mateo, CA was $897,750. While this data is collected from the MLS and deemed reliable, it is not guaranteed.
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