Is Montara, CA 94037 a buyer’s or seller’s market?
Montara is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Montara housing market right now
In the three months ending August 31, 2026, 0% of homes in Montara, CA 94037 sold above their list price, the typical home went under contract in 69 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (19 days then) and the median sale price rose 15% to $1,524,340. Overall, Montara is less competitive than a year ago, which gives buyers more room.
Within San Mateo County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, South San Francisco 94080 (71% sold over asking) and San Mateo 94403 (69% sold over asking) are even more competitive.
Run the numbers for 94037
Nearby markets
Atherton 94027Seller’s market $2,451 /sq ftBelmont 94002Seller’s market $1,256 /sq ftBrisbane 94005Seller’s market $756 /sq ftBurlingame 94010Seller’s market $1,503 /sq ft Browse all markets →Towns like Montara nearby
Find towns like Montara in other states →Where Montara is
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Questions about Montara real estate
Is Montara a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Montara, CA 94037 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Montara?
The typical home went under contract in 69 days in the latest three months.
Do homes in Montara sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Montara?
About 1.15% of a home’s value a year in San Mateo County, or roughly $4,600 on a $400,000 home.
What is the median home price in Montara?
The median sale price was $1,524,340 in the three months ending August 31, 2026, about $685 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology