Half Moon Bay Housing Market Report – May 2026
Here's a look at how the Half Moon Bay, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 7
- Median Sale Price: $1,570,000
- Average Sale Price: $1,537,714
- Average Price Per Sq Ft: $645
- Average Days on Market: 143
- Sale-to-List Price Ratio: 95.6%
Month-Over-Month Trends
Compared to April, the median sale price in Half Moon Bay moved 20.8% up (from $1,300,000 to $1,570,000). The number of homes sold was 63.2% down compared to the prior month (19 vs. 7). Average days on market shifted 38.8% up (103 days to 143 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 13.2% up (from $1,387,500 to $1,570,000). Sales volume is 68.2% down year-over-year.
What This Means
Half Moon Bay's housing market is showing signs of significant strain in May 2026. The median price jumped nearly 21 percent month-over-month to $1.57 million, but this spike appears driven by a skewed sales mix rather than broad market strength—only seven homes sold, down dramatically from 19 the previous month. More telling is the 38.8 percent increase in days on market, now averaging 143 days. This suggests buyers are becoming more selective and sellers are waiting longer to find qualified purchasers, a classic sign of cooling demand despite higher asking prices.
The inventory picture reinforces this slowdown. With 87 active listings and a median asking price of $1.395 million, supply is building while the sale-to-list ratio of 95.6 percent indicates sellers are making modest concessions. The disconnect between asking prices and what's actually selling, combined with properties lingering on the market nearly five months, suggests the market has shifted decisively in buyers' favor. Year-over-year, median prices remain up 13.2 percent, but the velocity of sales has cratered. Higher interest rates and economic uncertainty likely continue pressuring coastal markets like Half Moon Bay, where the barrier to entry remains formidable for most buyers.
Half Moon Bay Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94019 | 7 | $1,570,000 | $645 | 143 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 4 | $1,785,000 | $705 |
| CONDOS | 2 | $757,000 | $599 |
| MULTI_FAMILY | 1 | $1,830,000 | $499 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 6 |
Current Active Listings
As of this report, there are 87 active listings in Half Moon Bay with a median asking price of $1,395,000 and an average of 119 days on market.
Thinking About Selling Your Half Moon Bay Home?
If you're a homeowner in Half Moon Bay considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Half Moon Bay and throughout San Mateo County — get a no-obligation cash offer today.