Half Moon Bay, CA 94018 housing market

What this means

• Prices. Home values are up 0.6% over the past year (U.S.: +1.2%).
• Supply. There are 17% more homes for sale than the 2017-19 norm and falling (−36% vs. a year ago), so buyers have more to choose from than before the pandemic.
• Negotiating. Buyer leverage is high (85/100; U.S.: 54): homes sell for about 4.5% below their final list price (as of Jul 2026); 40% of listings had a price cut (U.S.: 26%).
• Affordability. A mortgage on the typical home takes 44% of the median household income (U.S.: 35%); it takes about $340k a year to keep the payment at 30% of gross pay. That includes about $1,640 a year for home insurance (U.S.: $1,790).
• Disaster risk. FEMA expects about $291 a year in natural-disaster damage per $100k of building value (U.S.: $155). Check insurance costs before buying.
• Outlook. Leaning up: likely −5% to +11% over the next 12 months (74% chance of a rise).

Next 12 months

Leaning up

Prices are more likely to rise than fall over the next year. Likely change: −5.4% to +10.9% (80% range; middle estimate +3.8%), chance of a rise 74%, of a 5%+ drop 10%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

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