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A 1,120-square-foot home on Railroad Avenue closed at $2,232 per square foot — more than twice the Half Moon Bay median

Nothing came on, nothing went pending. One single-family home recorded a closing on September 22, and its price per square foot stood at more than double the citywide median for the past six months.
Tim McMullen · DRE #02016832
September 23, 2026 · 2 min read
817 Railroad Avenue, Half Moon Bay, from the MLS listing
817 Railroad Avenue: recorded as sold. Listing photo via MLS (ML82056694).

One property recorded a closing in Half Moon Bay on September 22. Nothing came on the market, nothing went pending. The day's entire story fits in a single line of the ledger.

The recorded closing

Address817 Railroad Avenue
SegmentSingle Family
Size1,120 sq ft
List price$2,499,000
Sale price$2,500,000
Price per sq ft$2,232

The house at 817 Railroad Avenue closed at $2,500,000 — $1,000 over the asking price — on a footprint of 1,120 square feet. That works out to $2,232 per square foot.

How it compares with homes like it

No peer-sale data is available for single-family homes of similar size in Half Moon Bay within a standard comparison window, so a direct like-for-like read isn't possible here. What the broader record does offer is context: across 19 single-family sales in Half Moon Bay over the last 180 days, the median price per square foot was $857. Railroad Avenue's $2,232 per square foot is 2.6 times that figure. That gap is large enough to note even without a tight peer set.

Comparable sales

The six most recent recorded closings in Half Moon Bay, all single-family, per MLS status-change dates:

AddressRecordedPriceSq ft$/sq ftNotes
656 Terrace AvenueSept 15, 2026$1,940,0002,397$8094 bed
413 Kehoe AvenueSept 9, 2026$1,275,0001,310$9733 bed
13 Erin LaneSept 3, 2026$915,0001,400$6542 bed
101 Spyglass LaneAug 29, 2026$3,935,0004,452$8845 bed
201 Miramontes AvenueAug 28, 2026$3,695,0003,244$1,1395 bed
311 Bayhill RoadAug 28, 2026$2,755,0003,110$8864 bed

Among these six recent closings, the highest price per square foot was $1,139 at 201 Miramontes Avenue — a 3,244-square-foot five-bedroom. Railroad Avenue's $2,232 per square foot is nearly double even that figure, on a house less than a third the size.

Single-family homes across Half Moon Bay

The 19 single-family sales recorded in the city over the last 180 days show a range from $853,000 to $3,935,000. The median sale price was $1,700,000, the median size was 2,061 square feet, and the median price per square foot was $857. Railroad Avenue's 1,120-square-foot footprint is well below the median size; its price per square foot is more than two and a half times the median rate across all 19 sales.

How the Half Moon Bay market is doing

The 19 closed sales in the last 180 days span a wide range — $853,000 to $3,935,000 — across all property types in Half Moon Bay. The median sits at $1,700,000 on a median lot of 5,566 square feet. No comparable same-period data exists from a year prior, so a year-over-year read isn't available for this window.


Tim McMullen · Tim McMullen, Broker · CA DRE #02016832
[email protected] · (415) 691-9272

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