SEPTEMBER 2024
“Premier Peninsula –The Bay Area’s Best Living”
INTRODUCTIONI would like to welcome you to the latest edition of my monthly Premier Peninsula Real Estate Market Report. This report on home sales will helpyou quickly see the big picture – and allow you to see all the details aswell. I have presented information on single family homes by geographicarea. You will see snapshot infographics up front, and detailed tablestoward the end of the report.The goal of my monthly market report is to help you to makesense of the patterns and trends in the Premier Peninsula real estate market. Understanding the luxury real estate market iscritical for anyone considering a high-end property sale orpurchase. As always reach out to me for additional insight.Premier Peninsula is an interesting real estate marketwith small micro markets that have unique amenities andprice points. You will see the details for single family homes in specific geographic areas.As always, I appreciate yourfeedback – and let me knowhow I can help you!Thanks!Sally Wood Williams
INSIDE THE REPORT• Update From Sally• 5-Year History of Real Estate Trends• September SnapshotSnapshots by Area• Atherton• Menlo Park• Palo Alto• Los Altos• Los Altos Hills• Woodside• Portola Valley• Details Pages Overview• Overall Area Trends• Single Family Homes by Price RangeDetails By Area• Atherton• Menlo Park• Palo Alto• Los Altos• Los Altos Hills• Woodside• Portola Valley
Welcome to my September Premier Peninsula Real Estate Market Report!Locally, we’ve seen some changes in inventory levels over the last twelve months for the Premier Peninsula. During the past year, there were a total of 1,167 properes sold in the areas of Atherton, Menlo Park, Palo Alto, Los Altos, Los Altos Hills, Woodside, and Portola Valley. The average price to purchase a single-family home in the Premier Peninsula area is currently $4,685,460. Let’s break it down further by area to beer understand how these numbers aect the local market!In Atherton, over the last twelve months, there have been a total of 79 properes sold at a median sold price of $7,500,000. This translates to a median of $1,976 per square foot.If you look at the Atherton page (further in the report, you’ll nd area-specic pages) you’ll be able to compare this number to the last ve years. The numbers in these area-specic pages provide a comprehensive breakdown and will be interesng to both buyers and sellers.In Menlo Park, single family homes are currently selling for a median price of $3,300,000. This puts the median price per square foot to purchase a home at $1,548.The market in Palo Alto is a bit dierent, with single family homes currently selling for a median price per square foot of $1,901. The median cost to purchase a home in the Palo Alto area is $3,568,000.In Los Altos, we’ve seen a total of 242 properes sold over the last twelve months at a median price of $4,350,000. The median price per square foot for a property in Los Altos is currently $1,823. In Los Altos Hills, we saw a total of 66 properes sold over the last twelve months at a median price per square foot of $1,611. The median price to purchase a home in Los Altos Hills is currently $5,685,000.In Woodside, 67 properes were sold over the last twelve months, with a median price per square foot of $1,229 and a median sold price of $3,998,000. Similarly, in Portola Valley, properes are selling for a median cost to purchase of $3,887,500, which translates to a median sold price per square foot of $1,445.As the market shis it is important to keep a close eye on what’s happening locally. I provide this detailed report to give you a beer idea of what those changes are and would love the opportunity to discuss anything within the report with you in detail!PREMIER PENINSULA MARKET UPDATE FROM SALLY
$0$500,000,000$1,000,000,000$1,500,000,000$2,000,000,000$2,500,000,000$3,000,000,0002019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q3YTDTOTAL SALES VOLUME0501001502002019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q3YTD# SOLD PER QUARTERAtherton Menlo Park Palo Alto Los AltosLos Altos Hills Woodside Po rtola Valley$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000$10,000,000$11,000,000$12,000,0002019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q3YTDMEDIAN SALES PRICEAtherton Menlo Park Palo Alto Los AltosLos Altos Hills Woodside Portola ValleyIt is interesting to take a long look back over the past 5 years and reflect on the ups and downs of the Premier Peninsula Real estate market.5 YEAR HISTORY OF PREMIER PENINSULA REAL ESTATE LUXURY HOMES & ASCENDING PRICE POINTS
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024ALL SOLD - SEP 2024$ Volume of Properties# of PropertiesAverage Sold PriceHighest Sold PriceAverage Days On MarketProperties as % of Total CountTotal All Sales $399,265,240 84 $4,753,158 $16,755,000 32All Single Family Homes $399,265,240 84 $4,753,158 $16,755,000 32 100%Atherton $24,545,000 4 $6,136,250 $9,400,000 37 5%Menlo Park $76,301,000 19 $4,015,842 $8,200,000 21 23%Palo Alto $154,658,240 33 $4,686,613 $16,755,000 21 39%Los Altos $85,886,000 17 $5,052,118 $8,780,000 33 20%Los Altos Hills $26,978,000 4 $6,744,500 $10,000,000 72 5%Woodside $17,077,000 4 $4,269,250 $7,850,000 100 5%Portola Valley $13,820,000 3 $4,606,667 $6,800,000 66 4%All Single Family Homes $.00M-$3.00M $39,435,000 17 $2,319,706 $2,850,000 28 20%All Single Family Homes $3.00M-$6.00M $200,290,500 47 $4,261,500 $5,900,000 25 56%All Single Family Homes $6.00M-$10.00M $132,784,740 18 $7,376,930 $9,400,000 52 21%All Single Family Homes $10.00M+ $26,755,000 2 $13,377,500 $16,755,000 33 2%OVERALL SEPTEMBER$4,753,158SINGLE FAMILY HOMES AVERAGE SOLD PRICE84SINGLE FAMILY HOMES SOLD84TOTAL COUNT OF ALL PROPERTIES SOLD$399,265,240TOTAL VOLUME OF ALL PROPERTIES SOLD$634,662,380 $743,412,547 $497,115,891 $430,305,000 $399,265,240 $0.M $200.0M $400.0M $600.0M $800.0M20202021202220232024$ Volume of Properties Sold in Sep14515712096840 20 40 60 80 100 120 140 160 18020202021202220232024Count of Properties Sold in Sep-7% -13%Are You Considering SELLING Your Premier Peninsula Home?Get My New Seller Secrets Bundle: In Addition to receiving Your Monthly Newsletter & Market Report You Will Get:1. My Free Book: The Complete Guide to SELLING Your Home - Quick and Easy Tips to Help YouSell Your Premier Peninsula Home.2. Direct Access to the MLS Data - See all theother Competitive Listings in your area. You will get notified when a new listing hits the MLS!3. FREE Property Valuation Report - What is YourHome Worth? I will prepare a current DetailedProperty Valuation Report for You!Click HERE or call me today!FREE SELLER SECRETS BUNDLE(650) 862-6750 or Sally.Williams@cbrealty.com
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Atherton is the Masera of the Premier Peninsula. It oers many luxury properes and grand estates on at lots of an acre or more in an idyllic seng. Atherton Avenue oers some of the most expensive real estate in the world and has been home to Silicon Valley founders and other notable residents including Steph Curry, Gap Founders (Fishers), Mervyns Founder (Morris), Joe Montana, Jerry Rice, Willie Mays, and Charles Schwab, among others. But living in Atherton comes with a high price tag. Homes range from a minimum of $4M to over $30M with a median price of $7.8M. ATHERTON
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 79 $7,500,000 $7,500,000 0.0% $1,976 $40,000,000 $4,274 40Oct 2022 - Sep 2023 74 $8,149,000 $7,900,000 3.1% $1,801 $30,250,000 $3,893 64Oct 2021 - Sep 2022 90 $7,495,000 $7,732,500 -3.2% $1,877 $24,500,000 $4,502 26Oct 2020 - Sep 2021 106 $7,322,500 $7,025,000 4.1% $1,630 $32,000,000 $3,674 50Oct 2019 - Sep 2020 73 $6,500,000 $6,500,000 0.0% $1,573 $35,250,000 $3,359 49ATHERTONSINGLE FAMILY HOMESSEPTEMBER 202479TOTAL NUMBER OF PROPERTIES SOLD+7%40SOLD - AVERAGEDAYS ON MARKET-37%0.0%SOLD - % DISCOUNTFROM ASKING PRICE-100%$1,976SOLD - MED. PRICE PER SQ. FT.+10%$11,815,000HOMES FOR SALE MEDIAN ASKING PRICE-8%-5%$7,500,000MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Menlo Park is one of the most popular Premier Peninsula cies due to its plethora of family-friendly neighborhoods, outstanding public school systems, and ease of walking and biking to downtown. Mighty heritage oaks and towering eucalyptus trees adorn city streets creang an inving, upscale vibe. Menlo Park oers a wide range of homes to t most budgets, with prices ranging from a minimum of $2M for homes in the Flood Triangle and Willows neighborhoods to $4M+ in West Menlo, Vintage Oaks, and Sharon Heights.MENLO PARK
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 295 $3,148,500 $3,300,000 -4.8% $1,548 $12,000,000 $3,176 25Oct 2022 - Sep 2023 262 $3,124,000 $3,204,000 -2.6% $1,518 $12,200,000 $2,665 22Oct 2021 - Sep 2022 361 $2,999,000 $3,200,000 -6.7% $1,608 $16,750,000 $4,111 17Oct 2020 - Sep 2021 452 $2,695,000 $2,805,500 -4.1% $1,441 $13,850,000 $3,755 22Oct 2019 - Sep 2020 291 $2,498,000 $2,507,000 -0.4% $1,343 $14,750,000 $3,597 24MENLO PARKSINGLE FAMILY HOMESSEPTEMBER 2024295TOTAL NUMBER OF PROPERTIES SOLD+13%25SOLD - AVERAGEDAYS ON MARKET+10%-4.8%SOLD - % DISCOUNTFROM ASKING PRICE+88%$1,548SOLD - MED. PRICE PER SQ. FT.+2%$3,125,000HOMES FOR SALE MEDIAN ASKING PRICE+1%+3%$3,300,000MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Palo Alto is one of the largest Premier Peninsula cies and oers a wide range of neighborhoods, homes for every budget, and an eclecc style of homes including single-story ranchers, Eichlers, Crasman Bungalows, elegant old mansions, modern new builds, and Tudor style homes.It is highly sought-aer because both Silicon Valley and Stanford University and Medical Center aract global talent. It is home to the famed Hewle Packard garage where the seeds of Silicon Valley began. Famous residents include Facebook Founder, Mark Zuckerberg, Apple Founder, the late Steve Jobs, Charles Schultz, and many others. Palo Alto’s public schools are outstanding! PALO ALTO
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 350 $3,295,000 $3,568,000 -8.3% $1,901 $17,950,000 $4,082 18Oct 2022 - Sep 2023 317 $3,290,000 $3,330,000 -1.2% $1,789 $18,000,000 $4,010 26Oct 2021 - Sep 2022 442 $3,384,400 $3,680,000 -8.7% $1,901 $28,500,000 $5,644 19Oct 2020 - Sep 2021 511 $3,195,000 $3,400,000 -6.4% $1,725 $17,000,000 $3,535 26Oct 2019 - Sep 2020 337 $2,995,000 $3,020,000 -0.8% $1,577 $20,000,000 $3,204 27PALO ALTOSINGLE FAMILY HOMESSEPTEMBER 2024350TOTAL NUMBER OF PROPERTIES SOLD+10%18SOLD - AVERAGEDAYS ON MARKET-30%-8.3%SOLD - % DISCOUNTFROM ASKING PRICE+581%$1,901SOLD - MED. PRICE PER SQ. FT.+6%$4,419,444HOMES FOR SALE MEDIAN ASKING PRICE+0%+7%$3,568,000MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Los Altos was originally a town with vast apricot orchards and because of this, many homes are on larger lots relave to Menlo Park and Palo Alto. Its outstanding public schools and proximity to both Silicon Valley and Stanford make it a top choice for growing families. There are many beaufully remodeled ranchers, new construcon, and Mediterranean-style homes in Los Altos. Los Altos oers an idyllic, upscale, sophiscated lifestyle. Los Altos’ town center is the most charming of the Premier Peninsula cies. A few ever-popular spots include Cover Story for home décor, Los Altos Grill for a lively dining experience, and an Italian Deli that produces fantasc sandwiches. The median home price is $4.12M. LOS ALTOS
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 242 $3,998,000 $4,350,000 -8.8% $1,823 $9,600,000 $3,501 15Oct 2022 - Sep 2023 220 $3,995,000 $4,051,200 -1.4% $1,657 $13,000,000 $3,278 20Oct 2021 - Sep 2022 304 $3,988,000 $4,300,000 -7.8% $1,717 $11,500,000 $4,069 15Oct 2020 - Sep 2021 399 $3,498,000 $3,900,000 -11.5% $1,556 $11,150,000 $2,948 17Oct 2019 - Sep 2020 293 $3,288,000 $3,275,000 0.4% $1,298 $8,500,000 $3,440 20LOS ALTOSSINGLE FAMILY HOMESSEPTEMBER 2024242TOTAL NUMBER OF PROPERTIES SOLD+10%15SOLD - AVERAGEDAYS ON MARKET-22%-8.8%SOLD - % DISCOUNTFROM ASKING PRICE+526%$1,823SOLD - MED. PRICE PER SQ. FT.+10%$4,495,000HOMES FOR SALE MEDIAN ASKING PRICE+0%+7%$4,350,000MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Los Altos Hills blends an idyllic, country-like landscape with luxury properes on large lots of an acre minimum. There is a hundred-year-old pathway system that winds throughout the residenal areas. Residents enjoy walking, hiking, running, biking, and riding horses throughout town on these paths.It is one of the most scenic cies within the Premier Peninsula set and many properes have stunning views, pools, and tennis courts. A few oer vineyards! One of Los Altos Hills’ most famous residents is the David Packard Family, founder of Hewle Packard. They own several acres of land, where they grow and harvest Blenheim apricots. With an average sale price of $5.2M, Los Altos Hills is one of the pricier towns on the Peninsula.LOS ALTOS HILLS
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 66 $5,991,500 $5,685,000 5.1% $1,611 $16,250,019 $4,646 37Oct 2022 - Sep 2023 54 $5,250,000 $5,300,000 -1.0% $1,464 $14,950,000 $3,602 33Oct 2021 - Sep 2022 86 $4,698,000 $5,465,000 -16.3% $1,584 $19,000,000 $3,322 30Oct 2020 - Sep 2021 124 $4,870,000 $4,956,000 -1.8% $1,317 $21,000,000 $4,646 43Oct 2019 - Sep 2020 83 $3,998,000 $4,005,000 -0.2% $1,157 $11,500,000 $1,808 51LOS ALTOS HILLSSINGLE FAMILY HOMESSEPTEMBER 202466TOTAL NUMBER OF PROPERTIES SOLD+22%37SOLD - AVERAGEDAYS ON MARKET+13%5.1%SOLD - % DISCOUNTFROM ASKING PRICE-637%$1,611SOLD - MED. PRICE PER SQ. FT.+10%$6,249,500HOMES FOR SALE MEDIAN ASKING PRICE+14%+7%$5,685,000MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Woodside is a heavily wooded, horse town with a mix of mul-acre luxury compounds and modest, smaller homes and is ideal for outdoor enthusiasts. Steps from your front door, you can nd trails for riding horses, running, biking, hiking, and walking in every direcon.Home prices range from a minimum of $3M to over $100M. If your budget is around $10M and higher, you can nd a home on mulple acres with a horse stable, pool, tennis court, and more. With close proximity to Huddart Park, Wunderlich Preserve, and several open preserves o Skyline Blvd, there is no shortage of outdoor fun. This exclusive community has a town center with a few fantasc eateries, a desnaon home store, a specialty grocery store, and an outstanding elementary and middle school.WOODSIDE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 67 $3,995,000 $3,998,000 -0.1% $1,229 $16,800,000 $2,355 59Oct 2022 - Sep 2023 65 $4,875,000 $4,682,450 3.9% $1,375 $44,500,000 $9,756 50Oct 2021 - Sep 2022 87 $3,995,000 $4,025,000 -0.8% $1,369 $32,204,075 $4,742 45Oct 2020 - Sep 2021 122 $3,991,500 $3,750,000 6.1% $1,294 $35,000,000 $3,629 47Oct 2019 - Sep 2020 80 $2,922,500 $2,775,000 5.0% $1,023 $22,500,000 $6,000 80WOODSIDESINGLE FAMILY HOMESSEPTEMBER 202467TOTAL NUMBER OF PROPERTIES SOLD+3%59SOLD - AVERAGEDAYS ON MARKET+18%-0.1%SOLD - % DISCOUNTFROM ASKING PRICE-102%$1,229SOLD - MED. PRICE PER SQ. FT.-11%$4,198,000HOMES FOR SALE MEDIAN ASKING PRICE-18%-15%$3,998,000MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024Woodside’s neighbor is Portola Valley (or “PV” as it’s called by locals), and it shares the same woodsy seng and plethora of outdoor adventure as Woodside. PV is considered a bit more rusc than Woodside and is slightly more aordable. You can nd a larger selecon of homes in the $2M-4M price range in the Ladera and Los Trancos neighborhoods of PV.PV also oers a selecon of exquisite properes on mul-acre lots with gorgeous views. Most properes in both towns are short commutes to Stanford, Silicon Valley, San Francisco, and the South Bay. PV also oers an outstanding public school system. Ladera is Portola Valley’s town center and is home to the highly popular, Ladera Home and Garden. PORTOLA VALLEY
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024PORTOLA VALLEYSINGLE FAMILY HOMESSEPTEMBER 2024DATE RANGEHomes SoldMedian Asking PriceMedian Sold PriceDisc. from AskingMedian Sold Per Sq. Ft.Highest Price SoldHighest Sold Per Sq. Ft.Avg. Days on MarketOct 2023 - Sep 2024 71 $3,824,000 $3,887,500 -1.7% $1,445 $10,500,000 $2,853 30Oct 2022 - Sep 2023 53 $3,950,000 $3,810,000 3.5% $1,390 $11,200,000 $2,929 39Oct 2021 - Sep 2022 70 $3,891,500 $4,225,000 -8.6% $1,453 $25,000,000 $3,855 25Oct 2020 - Sep 2021 109 $3,495,000 $3,450,000 1.3% $1,290 $14,600,000 $2,027 32Oct 2019 - Sep 2020 82 $3,491,500 $3,399,475 2.6% $1,162 $17,000,000 $4,348 45PORTOLA VALLEYCONDOS AND TOWNHOMESSEPTEMBER 202471TOTAL NUMBER OF PROPERTIES SOLD+34%30SOLD - AVERAGEDAYS ON MARKET-22%-1.7%SOLD - % DISCOUNTFROM ASKING PRICE-147%$1,445SOLD - MED. PRICE PER SQ. FT.+4%$5,750,000HOMES FOR SALE MEDIAN ASKING PRICE-3%+2%$3,887,500MEDIAN SOLD PRICE
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024One of the best things about living on the Peninsula is that it not only oers excing, smulang work opportunies, but there is an abundance of cultural events, entertainment, and outdoor adventures to explore right in your backyard. As a nave and lifelong resident of the Peninsula, my favorite thing to do when I’m not helping my clients buy or sell homes, is to nd a new trail to hike, a new store to explore at the Stanford Shopping Center, or a new exhibit to check out at the Cantor Art Museum at Stanford. It’s never boring! Tapping into all that the Peninsula oers is one of my passions and I apply the same skill to providing you with the detailed market data you may need for your home search. The following pages provide detailed market data to help you make the best decisions. I have had many clients that have complimented me on the level of detail in the following pages – especially when they were strongly considering buying or selling.The level of detail in this report is representave of what you can expect from me as your Real Estate Agent.I have helped clients buy and sell their homes in the Premier Peninsula area.I appreciate the opportunity to earn your business as well.DETAIL PAGES OVERVIEW
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024ALL SOLD [Oct 2023 - Sep 2024]$ Volume of PropertiesCount of # of PropertiesAverage Sold PriceHighest Sold PriceAverage Days On MarketProperties as % of Total CountTotal All Sales $5,467,931,461 1,167 $4,685,460 $40,000,000 25All Single Family Homes $5,467,931,461 1,167 $4,685,460 $40,000,000 25 100%Atherton $830,723,890 79 $10,515,492 $40,000,000 40 7%Menlo Park $1,065,632,536 294 $3,624,600 $12,000,000 25 25%Palo Alto $1,429,015,408 349 $4,094,600 $17,950,000 18 30%Los Altos $1,115,835,641 242 $4,610,891 $9,600,000 15 21%Los Altos Hills $417,726,907 66 $6,329,196 $16,250,019 37 6%Woodside $312,086,888 67 $4,658,013 $16,800,000 59 6%Portola Valley $296,910,191 70 $4,241,574 $10,500,000 30 6%All Single Family Homes $.00M-$3.00M $661,607,247 291 $2,273,564 $2,980,000 26 25%All Single Family Homes $3.00M-$6.00M $2,773,248,955 657 $4,221,079 $5,995,000 19 56%All Single Family Homes $6.00M-$10.00M $1,208,101,462 166 $7,277,720 $9,980,000 33 14%All Single Family Homes $10.00M+ $824,973,797 53 $15,565,543 $40,000,000 61 5%FOR SALE$ Volume of PropertiesCount of # of PropertiesAverage Asking PriceHighest Asking PriceAverage Days On MarketProperties as % of Total CountTotal All Sales $2,488,219,115 318 $7,824,588 $85,000,000 59All Single Family Homes $2,488,219,115 318 $7,824,588 $85,000,000 59 100%Atherton $512,162,999 32 $16,005,094 $59,300,000 74 10%Menlo Park $154,020,000 39 $3,949,231 $14,200,000 23 12%Palo Alto $502,996,564 84 $5,988,054 $29,880,000 37 26%Los Altos $278,733,776 55 $5,067,887 $12,500,000 26 17%Los Altos Hills $332,919,000 38 $8,761,026 $39,988,000 61 12%Woodside $399,743,888 43 $9,296,369 $72,000,000 134 14%Portola Valley $307,642,888 27 $11,394,181 $85,000,000 107 8%All Single Family Homes $.00M-$3.00M $81,656,888 35 $2,333,054 $2,998,000 38 11%All Single Family Homes $3.00M-$6.00M $391,059,688 88 $4,443,860 $5,999,000 67 28%All Single Family Homes $6.00M-$10.00M $326,983,088 42 $7,785,312 $9,998,000 49 13%All Single Family Homes $10.00M+ $1,233,620,000 60 $20,560,333 $85,000,000 122 19%UNDER CONTRACT$ Volume of PropertiesCount of # of PropertiesAverage Asking PriceHighest Asking PriceAverage Days On MarketProperties as % of Total CountTotal All Sales $454,899,451 93 $4,891,392 $24,888,000 29All Single Family Homes $454,899,451 93 $4,891,392 $24,888,000 29 100%Atherton $92,117,999 9 $10,235,333 $24,888,000 86 10%Menlo Park $62,257,000 17 $3,662,176 $14,200,000 22 18%Palo Alto $119,350,764 31 $3,850,025 $8,980,000 18 33%Los Altos $77,968,688 19 $4,103,615 $5,880,000 12 20%Los Altos Hills $48,270,000 9 $5,363,333 $7,850,000 47 10%Woodside $40,942,000 6 $6,823,667 $14,600,000 43 6%Portola Valley $13,993,000 2 $6,996,500 $9,998,000 39 2%All Single Family Homes $.00M-$3.00M $57,232,876 24 $2,384,703 $2,998,000 17 26%All Single Family Homes $3.00M-$6.00M $230,559,576 54 $4,269,622 $5,995,000 21 58%All Single Family Homes $6.00M-$10.00M $93,420,999 11 $8,492,818 $9,998,000 80 12%All Single Family Homes $10.00M+ $73,686,000 4 $18,421,500 $24,888,000 71 4%OVERALL ALL AREASSINGLE FAMILY HOMES UNDER CONTRACTSINGLE FAMILY HOMES U/CAVERAGE ASK PRICEALL SINGLE FAMILY HOMES FOR SALESINGLE FAMILY HOMES AVERAGE ASK PRICESINGLE FAMILY HOMES AVERAGE SOLD PRICESINGLE FAMILY HOMES SOLD1,167TOTAL COUNT OF ALL PROPERTIESSOLD$5,467,931,461TOTAL VOLUME OF ALL PROPERTIES SOLD931,167318$4,891,392$7,824,588$4,685,460If you have questions about the Premier Peninsula Area Real Estate Market or are considering buying or selling, feel free to call or text me.(650) 862-6750
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 202479 $830,723,890 $11,070,745 $10,515,492 $7,500,000 0.0% $2,013 $1,976 $40,000,000 $4,274 40Oct 2022 - Sep 202374 $697,448,566 $9,944,374 $9,424,981 $7,900,000 3.1% $1,810 $1,801 $30,250,000 $3,893 64Oct 2021 - Sep 202290 $869,599,989 $9,783,631 $9,662,222 $7,732,500 -3.2% $2,046 $1,877 $24,500,000 $4,502 26Oct 2020 - Sep 2021106 $912,765,000 $8,937,536 $8,610,991 $7,025,000 4.1% $1,712 $1,630 $32,000,000 $3,674 50Oct 2019 - Sep 202073 $607,699,888 $8,720,751 $8,324,656 $6,500,000 0.0% $1,630 $1,573 $35,250,000 $3,359 49ATHERTONHighest Price Per Sq.Ft.Median Asking Price Per Sq.Ft.Highest Asking PriceMedian Asking PriceTotal Volume Of Homes For SaleSingle Family Homes For Sale 39$593,917,799Atherton For Sale$11,815,000$59,300,000$2,277$3,563797490106730 20 40 60 80 100 120OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Atherton SOLD$7,500,000$7,900,000$7,732,500$7,025,000$6,500,000$0.M $1.0M $2.0M $3.0M $4.0M $5.0M $6.0M $7.0M $8.0M $9.0MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,976$1,801$1,877$1,630$1,573$0 $500 $1,000 $1,500 $2,000 $2,500OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square Foot7939$7,500,000$7,500,000$1,976$1,9760.0%40HOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEMED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.DISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD+6.8%-5.1%+9.7%
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 2024295 $1,071,120,536 $3,559,094 $3,630,917 $3,300,000 -4.8% $1,567 $1,548 $12,000,000 $3,176 25Oct 2022 - Sep 2023262 $938,125,513 $3,583,106 $3,580,632 $3,204,000 -2.6% $1,526 $1,518 $12,200,000 $2,665 22Oct 2021 - Sep 2022361 $1,268,413,724 $3,363,474 $3,513,611 $3,200,000 -6.7% $1,636 $1,608 $16,750,000 $4,111 17Oct 2020 - Sep 2021452 $1,414,171,357 $3,045,718 $3,128,698 $2,805,500 -4.1% $1,458 $1,441 $13,850,000 $3,755 22Oct 2019 - Sep 2020291 $848,279,851 $2,908,930 $2,915,051 $2,507,000 -0.4% $1,358 $1,343 $14,750,000 $3,597 24MENLO PARKHighest Asking PriceMedian Asking Price Per Sq.Ft.Highest Price Per Sq.Ft.$14,200,000$1,525$2,685Median Asking PriceSingle Family Homes For SaleTotal Volume Of Homes For Sale50$195,928,000$3,125,000Menlo Park For Sale29550$3,300,000$3,148,500-4.8%25HOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEDISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD2952623614522910 50 100 150 200 250 300 350 400 450 500OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Menlo Park SOLD$3,300,000$3,204,000$3,200,000$2,805,500$2,507,000$0.M $0.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,548$1,518$1,608$1,441$1,343$1,200 $1,250 $1,300 $1,350 $1,400 $1,450 $1,500 $1,550 $1,600 $1,650OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square Foot+12.6%+3.0%+1.9%$1,548$1,548MED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 2024350$1,432,003,408$3,953,948 $4,091,438 $3,568,000 -8.3% $1,953 $1,901 $17,950,000 $4,082 18Oct 2022 - Sep 2023317$1,220,377,275$3,839,236 $3,849,771 $3,330,000 -1.2% $1,841 $1,789 $18,000,000 $4,010 26Oct 2021 - Sep 2022442$1,813,397,312$3,869,114 $4,102,709 $3,680,000 -8.7% $1,956 $1,901 $28,500,000 $5,644 19Oct 2020 - Sep 2021511$1,950,958,504$3,696,068 $3,817,923 $3,400,000 -6.4% $1,764 $1,725 $17,000,000 $3,535 26Oct 2019 - Sep 2020337$1,141,293,026$3,407,886 $3,386,626 $3,020,000 -0.8% $1,610 $1,577 $20,000,000 $3,204 27PALO ALTOMedian Asking PriceSingle Family Homes For SaleTotal Volume Of Homes For Sale89$527,567,564$4,419,444Highest Asking PriceMedian Asking Price Per Sq.Ft.Highest Price Per Sq.Ft.$29,880,000$1,800$4,163Palo Alto For Sale3503174425113370 100 200 300 400 500 600OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Palo Alto SOLD$3,568,000$3,330,000$3,680,000$3,400,000$3,020,000$0.M $0.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M $4.0MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,901$1,789$1,901$1,725$1,577$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square FootHOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEDISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD+10.4%+7.1%+6.2%35089$3,568,000$3,295,000-8.3%18$1,901$1,901MED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 2024242$1,115,835,641$4,402,307 $4,610,891 $4,350,000 -8.8% $1,873 $1,823 $9,600,000 $3,501 15Oct 2022 - Sep 2023220$947,422,278$4,285,428 $4,306,465 $4,051,200 -1.4% $1,713 $1,657 $13,000,000 $3,278 20Oct 2021 - Sep 2022304$1,371,489,885$4,218,162 $4,511,480 $4,300,000 -7.8% $1,793 $1,717 $11,500,000 $4,069 15Oct 2020 - Sep 2021399$1,634,842,815$3,818,431 $4,097,350 $3,900,000 -11.5% $1,581 $1,556 $11,150,000 $2,948 17Oct 2019 - Sep 2020293$1,039,950,029$3,541,723 $3,549,318 $3,275,000 0.4% $1,354 $1,298 $8,500,000 $3,440 20LOS ALTOSHighest Asking PriceMedian Asking Price Per Sq.Ft.Highest Price Per Sq.Ft.$12,500,000$1,719$4,238Median Asking PriceSingle Family Homes For SaleTotal Volume Of Homes For Sale56$282,013,776$4,495,000Los Altos For Sale2422203043992930 50 100 150 200 250 300 350 400 450OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Los Altos SOLD$4,350,000$4,051,200$4,300,000$3,900,000$3,275,000$0.M $1.0M $2.0M $3.0M $4.0M $5.0MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,823$1,657$1,717$1,556$1,298$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square FootHOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEDISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD+10.0%+7.4%+10.0%24256$4,350,000$3,998,000-8.8%15$1,823$1,823MED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 202466 $417,726,907 $6,415,330 $6,329,196 $5,685,000 5.1% $1,660 $1,611 $16,250,019 $4,646 37Oct 2022 - Sep 202354 $330,305,500 $6,199,107 $6,116,769 $5,300,000 -1.0% $1,525 $1,464 $14,950,000 $3,602 33Oct 2021 - Sep 202286 $511,587,841 $5,636,092 $5,948,696 $5,465,000 -16.3% $1,641 $1,584 $19,000,000 $3,322 30Oct 2020 - Sep 2021124 $697,144,193 $5,582,061 $5,622,131 $4,956,000 -1.8% $1,371 $1,317 $21,000,000 $4,646 43Oct 2019 - Sep 202083 $398,846,177 $5,058,308 $4,805,376 $4,005,000 -0.2% $1,178 $1,157 $11,500,000 $1,808 51LOS ALTOS HILLSHighest Asking PriceMedian Asking Price Per Sq.Ft.Highest Price Per Sq.Ft.$39,988,000$1,703$3,098Median Asking PriceSingle Family Homes For SaleTotal Volume Of Homes For Sale40$343,405,000$6,249,500Los Altos Hills For Sale665486124830 20 40 60 80 100 120 140OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Los Altos Hills SOLD$5,685,000$5,300,000$5,465,000$4,956,000$4,005,000$0.M $1.0M $2.0M $3.0M $4.0M $5.0M $6.0MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,611$1,464$1,584$1,317$1,157$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square FootHOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEDISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD+22.2%+7.3%+10.0%6640$5,685,000$5,991,5005.1%37$1,611$1,611MED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 202467 $312,086,888 $4,820,115 $4,658,013 $3,998,000 -0.1% $1,293 $1,229 $16,800,000 $2,355 59Oct 2022 - Sep 202365 $458,795,012 $7,718,277 $7,058,385 $4,682,450 3.9% $1,732 $1,375 $44,500,000 $9,756 50Oct 2021 - Sep 202287 $486,286,075 $5,695,137 $5,589,495 $4,025,000 -0.8% $1,509 $1,369 $32,204,075 $4,742 45Oct 2020 - Sep 2021122 $599,616,199 $4,971,932 $4,914,887 $3,750,000 6.1% $1,320 $1,294 $35,000,000 $3,629 47Oct 2019 - Sep 202080 $362,840,596 $4,919,591 $4,535,507 $2,775,000 5.0% $1,219 $1,023 $22,500,000 $6,000 80WOODSIDEMedian Asking PriceSingle Family Homes For SaleTotal Volume Of Homes For Sale46$427,039,888$4,198,000Highest Asking PriceMedian Asking Price Per Sq.Ft.Highest Price Per Sq.Ft.$72,000,000$1,478$9,600Woodside For Sale676587122800 20 40 60 80 100 120 140OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Woodside SOLD$3,998,000$4,682,450$4,025,000$3,750,000$2,775,000$0.M $1.0M $2.0M $3.0M $4.0M $5.0MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,229$1,375$1,369$1,294$1,023$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square FootHOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEDISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD+3.1%-14.6%-10.7%6746$3,998,000$3,995,000-0.1%59$1,229$1,229MED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024DATE RANGECount of Homes SoldSold Homes VolumeAverage Asking PriceAverage Home Sold PriceMedian Home Sold PriceDiscount Asking to SellingAverage Sold Price Per Sq. Ft.Median Sold Price Per Sq. Ft.Highest Price Home SoldHighest Price Per Sq. Ft. SoldAverage Days on MarketOct 2023 - Sep 202471 $302,459,191 $4,231,394 $4,259,989 $3,887,500 -1.7% $1,511 $1,445 $10,500,000 $2,853 30Oct 2022 - Sep 202353 $239,500,653 $4,651,075 $4,518,880 $3,810,000 3.5% $1,446 $1,390 $11,200,000 $2,929 39Oct 2021 - Sep 202270 $375,245,843 $5,291,529 $5,360,655 $4,225,000 -8.6% $1,545 $1,453 $25,000,000 $3,855 25Oct 2020 - Sep 2021109 $403,015,484 $3,696,247 $3,697,390 $3,450,000 1.3% $1,279 $1,290 $14,600,000 $2,027 32Oct 2019 - Sep 202082 $334,288,625 $4,260,744 $4,076,691 $3,399,475 2.6% $1,246 $1,162 $17,000,000 $4,348 45PORTOLA VALLEYHighest Asking PriceMedian Asking Price Per Sq.Ft.Highest Price Per Sq.Ft.$85,000,000$1,487$6,908Median Asking PriceSingle Family Homes For SaleTotal Volume Of Homes For Sale32$364,228,883$5,750,000Portola Valley For Sale715370109820 20 40 60 80 100 120OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Portola Valley SOLD$3,887,500$3,810,000$4,225,000$3,450,000$3,399,475$0.M $0.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M $4.0M $4.5MOCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price$1,445$1,390$1,453$1,290$1,162$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020Median SOLD Price Per Square FootHOMES SOLD HOMES FOR SALEMEDIAN SOLD PRICE MEDIAN ASKING PRICEDISCOUNT ASK TO SOLD % DAYS ON MARKET - SOLD+34.0%+2.0%+4.0%7132$3,887,500$3,824,000-1.7%30$1,445$1,445MED. SOLD PRICE PER SQ.FT. MED. ASK PRICE PER SQ.FT.
THE PREMIER PENINSULA REAL ESTATE MARKET REPORTPREPARED BY SALLY WOOD WILLIAMSSally Wood WilliamsSally.williams@cbrealty.comRealtor® CalRE 02140055 cell: (650) 862-6750September 2024SINGLE FAMILY HOMES BY PRICE RANGE53546762380 20 40 60 80OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes SOLD$15,565,543$15,417,389$14,826,970$14,913,382$15,183,816$14.0M $15.0M $16.0MOct 2023 - Sep 2024Oct 2022 - Sep 2023Oct 2021 - Sep 2022Oct 2020 - Sep 2021Oct 2019 - Sep 2020SF Homes Average SOLD Price$2,188$2,252$2,372$1,897$1,913$0 $500$1,000$1,500$2,000$2,500OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes Avg. Price Per Sq. Ft.2922702955645180 100 200 300 400 500 600OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes SOLD6595879011,0346000 200 400 600 800 1000 1200OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes SOLD$2,276,011$2,259,030$2,222,231$2,258,369$2,286,883$2.2M $2.2M $2.3M $2.3MOct 2023 - Sep 2024Oct 2022 - Sep 2023Oct 2021 - Sep 2022Oct 2020 - Sep 2021Oct 2019 - Sep 2020SF Homes Average SOLD Price$4,225,017$4,108,834$4,169,939$4,069,643$3,931,783$3.7M $3.9M $4.1M $4.3MOct 2023 - Sep 2024Oct 2022 - Sep 2023Oct 2021 - Sep 2022Oct 2020 - Sep 2021Oct 2019 - Sep 2020SF Homes Average SOLD Price$7,277,720$7,295,615$7,287,798$7,399,712$7,379,978$7.2M $7.3M $7.4MOct 2023 - Sep 2024Oct 2022 - Sep 2023Oct 2021 - Sep 2022Oct 2020 - Sep 2021Oct 2019 - Sep 2020SF Homes Average SOLD Price$1,587$1,562$1,583$1,455$1,372$1,200$1,300$1,400$1,500$1,600$1,700OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes Avg Price Per Sq. Ft.$1,791$1,688$1,803$1,582$1,398$0 $500 $1,000$1,500$2,000OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes Avg Price Per Sq. Ft.$1,807$1,724$1,775$1,647$1,556$1,400 $1,600 $1,800 $2,000OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes Avg Price Per Sq. Ft.$0.00M-$3.00M$6.00M-$10.00M$3.00M-$6.00M166134177163830 50 100 150 200OCT 2023 - SEP 2024OCT 2022 - SEP 2023OCT 2021 - SEP 2022OCT 2020 - SEP 2021OCT 2019 - SEP 2020SF Homes SOLD+8.1%+0.8%+1.6%+12.3%+2.8%+6.1%+23.9%-0.2%+4.8%-1.9%+1.0%-2.9%$10.00M+
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Living in a Premier Peninsula city in the San Francisco Bay Area is a unique and extraordinary experience that captivates the hearts and minds of residents who call this vibrant region their home. As a dedicated advocate for my real estate buyer and seller clients in this area, I understand and share the deep appreciation for the Peninsula's distinct allure, allowing me to connect with you on a personal level and make your real estate journey a seamless and rewarding one. One of the key reasons we are drawn to the Premier Peninsula is the unmatched blend of natural beauty and urban sophistication. The Premier Peninsula boasts a stunning landscape, with the Pacific Ocean to the west and the Bay to the east. Miles of pristine coastline, lush parks, and rolling hills offer residents a breathtaking backdrop for outdoor activities, hiking, and exploration. This natural splendor, combined with an enviable Mediterranean climate, provides an ideal setting for an active and outdoorsy lifestyle. The Premier Peninsula's communities, ranging from the historic charm of Los Altos to the bustling city life of Palo Alto and the serene atmosphere of Woodside, cater to diverse tastes and preferences. I understand the nuances of each neighborhood, and I'm here to help you find the perfect fit for your unique needs, whether it's a bustling city center with cultural events and fine dining or a quieter, family-oriented community with excellent schools. For those drawn to the Premier Peninsula, it's not just about living in a beautiful location; it's about being part of a dynamic, thriving community. Silicon Valley's technological innovation and Stanford’s world-class University and Medical Center offer countless opportunities for professional growth and intellectual engagement. I understand the significance of these factors when selecting a home, and I'm dedicated to finding a property that complements your career goals and lifestyle aspirations. But beyond the natural beauty and economic opportunities, it's the sense of belonging that truly connects us to the Premier Peninsula. The diverse, inclusive, and forward-thinking culture that thrives here is the embodiment of the Bay Area's progressive spirit. From farmers' markets to tech meet-ups, the Premier Peninsula is a hub for connection and collaboration. As your advocate, I'm here to ensure you not only find a home but a place where you belong. Living on the Premier Peninsula in the San Francisco Bay Area is an aspiration that many share, and it's my privilege to be your guide in making that dream a reality. Whether you're buying or selling real estate in this remarkable region, I'm committed to understanding your unique desires and making your real estate journey a successful one. With a deep appreciation for what draws us all to this extraordinary place, I am your advocate, ready to turn your Premier Peninsula dreams into reality.Sally Wood Williams
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