San Mateo, CA

San Mateo is a city located in northern California. The population of San Mateo was approximately 117,000 as of the 2010 census. San Mateo is home to many high-tech companies such as Google, Facebook, and Apple. The city also has a large number of luxury homes that are popular among Silicon Valley millionaires.

Real estate in San Mateo is very expensive compared to other parts of California. The median home price in San Mateo was $1,049,000 as of September 2017. This is much higher than the statewide median home price of $478,500 and the national median home price of $269,900. In addition, the average monthly mortgage payment for a house in San Mateo was $4,868 as of September 2017 which is much higher than the statewide average monthly mortgage payment of $3,669 and the national average monthly mortgage payment of $2,669.

Despite being expensive, there are many reasons why people choose to live in San Mateo. One reason is that the city has a high number of jobs and businesses. There are also many luxury homes available for sale in San Mateo which makes it an attractive place to live for people who want to live in a luxurious environment.