Commercial Real Estate Market in Half Moon Bay, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
24 active listings and 389 off-market properties in Half Moon Bay, CA.
Market Trends
Half Moon Bay, CA spans 59.7 square miles in San Mateo County, California. Figures below refresh monthly; last updated 31 October 2026.
Office
Across San Mateo County, office space asks $543/SF to buy. Office vacancy in Half Moon Bay, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Across San Mateo County, retail space asks $651/SF to buy. Retail vacancy in Half Moon Bay, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Half Moon Bay, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Multifamily
Across San Mateo County, multifamily space asks $635/SF to buy. Multifamily vacancy in Half Moon Bay, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Half Moon Bay, CA has 15,483 residents in 5,849 households. Density runs 259 people per square mile. Median household income here is $153,272 and median gross rent $1,977 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| San Carlos | $475 | $34.20 |
| Burlingame | $768 | $46.44 |
| Belmont | $678 | — |
Commercial property in Half Moon Bay, CA asks $393/SF. The 3 bordering markets run from $475/SF in San Carlos to $768/SF in Burlingame, and the city sits below their $678/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Half Moon Bay?
How does Half Moon Bay compare to nearby markets on price?
Where does Realmo's Half Moon Bay market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 4 active for-lease listings in Half Moon Bay, CA. The sale median is based on 15 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue