Year Over Year September 2022 Silicon Valley CA Real Estate Market Report

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ATHERTON
Compared to last year in Atherton,

1. The number of homes sold has gone down by 15% and
2. Homes are selling faster than last year.
3. Homes are selling around the asking price with
4. The current Median sold price in Atherton being $7,700,000 which is 6% lower than a year ago.

LOS ALTOS
Compared to last year in Los Altos,

1. The number of homes sold has gone down by 29% and
2. Homes are selling quickly similar to last year.
3. Homes are selling around 7% above the asking price with
4. The current Median sold price in Los Altos being $4,200,000 which is 6% higher than a year ago.

LOS ALTOS HILLS
Compared to last year in Los Altos Hills,

1. The number of homes sold has gone down by 39% and
2. Homes are selling faster than last year.
3. Homes are selling around 6% above the asking price with
4. The current Median sold price in Los Altos Hills being $5,500,000 which is 4% higher than a year ago.

MENLO PARK
Compared to last year in Menlo Park,

1. The number of homes sold has gone down by 34% and
2. Homes are selling quickly similar to last year.
3. Homes are selling around 5% above the asking price with
4. The current Median sold price in Menlo Park being $3,100,000 which is 9% higher than a year ago.

REDWOOD CITY
Compared to last year in Redwood city,

1. The number of homes sold has gone down by 19% and
2. Homes are selling quickly similar to last year.
3. Homes are selling around 10% above the asking price with
4. The current Median sold price in Redwood City being $2,200,000 which is 12% higher than a year ago.

PALO ALTO
Compared to last year in Palo Alto,

1. The number of homes sold has gone down by 24% and
2. Homes are selling quickly similar to last year.
3. Homes are selling around 7% above the asking price with
4. The current Median sold price in Palo Alto being $3,600,000 which is 4% higher than a year ago.

PORTOLA VALLEY
Compared to last year in Portola Valley,

1. The number of homes sold has gone down by 47% and
2. Homes are selling quickly similar to last year.
3. Homes are selling around 2% above the asking price with
4. The current Median sold price in Portola Valley being $4,200,000 which is 22% higher than a year ago.

WOODSIDE
Compared to last year in Woodside,

1. The number of homes sold has gone down by 42% and
2. Homes are quickly similar to last year.
3. Homes are selling around 1% above the asking price with
4. The current Median sold price in Woodside being $4,600,000 which is 19% higher than a year ago.

Did you know that close to 25% of all homes sell without ever hitting the open market?

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