Atherton CA Home Prices & Home Values

Table of Content

• Monthly Average Size of Atherton Houses Sold
• is the predicted price of a Atherton home in
• Atherton Real Estate Trends - Number of Townhouses Sold
• Yearly Minimum Atherton Price of Townhouses Sold
• Atherton Real Estate Forecast, Atherton Area Housing Prices and Home Value Trends and
• Atherton, CA Real Estate & Homes for Sale
• Financial markets decline 32-72% in downturns, find their floor after 16-25 months, and take 53-162 months to fully recover
• Monthly Average Size of Atherton Townhouses Sold

In November 2022, Atherton home prices were up 25.0% compared to last year, selling for a median price of $10.0M. On average, homes in Atherton sell after 28 days on the market compared to 13 days last year. There were 5 homes sold in November this year, down from 13 last year. The average sale price of a home in Atherton was $10M last month, up 25.0% since last year. The average sale price per square foot in Atherton is $1.8K, down 4.5% since last year.

Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. About half the homes being purchased in Atherton are being torn down and replaced with bigger ones, “the highest ratio in the region,” DeLeon said. I’ve had clients tear down homes of 8,000 square feet” to build a bigger one, De Leon said.

Monthly Average Size of Atherton Houses Sold

Locally there is a strong seasonal change in the number of townhouses sold. The lowest number of townhouses sold typically occurs around December & January. The highest number of homes sold typically occurs around May. This seasonal variation is often altered for townhouse sales by a large new development beginning to sell their townhouses. Price changes do not track the seasonal change in the number of townhouses sold.

The average homes sell for about 1% below list price and go pending in around 28 days. The average homes sell for about 3% below list price and go pending in around 15 days. All other categories, it said, could come from the creation of 79 units for students and faculty at Menlo College, 11 for faculty at Menlo School and 40 second units, such as backyard cottages. Its zoning allows multifamily housing on school property and second units of limited size on single-family lots. Atherton’s goal for the current cycle — 2014 through 2022 — is 93 units. That consists of 61 units for people of very low to low income, 29 moderate-income units and three above-moderate homes.

is the predicted price of a Atherton home in

In less affluent areas, transactions actually increase, as people cannot afford what they have and dump it in a fire sale. However, in the #1 and #4 most affluent zip code in the country, sellers can just sit on their property for a few more years and wait it out. Save both your time and money by working with the best Atherton Realtor. The number 1 reason home buyers choose to work with a real estate agent is to get help "finding" the best home. Up to date knowledge and connections are key to finding the best home. After finding the best home, you will have to make the most attractive, competitive, offer.

Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level.

Atherton Real Estate Trends - Number of Townhouses Sold

At the bottom of its list, with the least expensive housing market, was Napa’s Berryessa neighborhood, which had a median price of $395,000. According to Walletinvestor’s Atherton real estate market research, home values will decrease in the next 12 months. During the last 12 months the real estate prices in San Mateo, Atherton City increased, looking at the past 12 months. Home prices in Palo Alto are not immune to downturns, but the value drops notably less than financial markets. Palo Alto real estate is less volatile at times when the Dow and NASDAQ are crashing hard.

To help you in your decision see the estimated home prices and values in Atherton City below. Our property price forecasts can help home buyers and sellers make better property investment decisions for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032. According to PropertyShark's report, the ZIP code in the town of Atherton has a median home sale price of $7.9 million, more than 20 times higher than the national median. This is about a 6% year-over-year increase from the city's median sale price of $7,475,000 last year. The average sale price of a home in Lindenwood was $4.5M last month, down 45.5% since last year.

Yearly Minimum Atherton Price of Townhouses Sold

Atherton townhouse buyers and sellers want to know the typical relationship between list price and sales price. The plots below show this relationship using color coding which generally highlights changes in the market. More townhouses being sold over list price is a very good indicator of rising demand for townhouses.

More Atherton homes being sold over list price is a very good indicator of rising home prices. More homes being sold under list price is a very good indicator of falling home prices. A quick estimate of how active the Atherton townhouse real estate market is can be found by looking at the number of townhouses sold.

Looking at price per square foot gives a partial adjustment for differences between houses. Furthermore if you look at the average size of a Atherton house sold you will see that it varies with time. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. When trying to understand the Atherton real estate market, it is useful to take a look at the extremes of the sales price range. Average buyers and sellers in each price range may act differently.

The town has to identify sites without development barriers where these units could be built, but doesn’t have to build housing itself, Sanders said. The new ranking from real estate blog Property Sharkput the exclusive Peninsula enclave at the top of America’s most expensive cities for the sixth year in a row based on home sales data. Does it look like Palo Alto is dipping down in the past year?

Julie has covered murderous pot deals, police corruption and marijuana's rocky path from a black-market trade to a legitimate industry. The Golden State had four of the priciest counties on the list, the most expensive metro area and four of the five most expensive cities. Now this may be cold comfort if you don’t want your investment locked up for a long time; not everyone can be so financially patient. When we visually compare Palo Alto and Atherton, Palo Alto certainly comes across as more recession resistant. If we add in a rolling 6-month filter on the data above, Palo Alto homes are worth 335% as much in the 20-year span.

Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level.

Financial markets decline 32-72% in downturns, find their floor after 16-25 months, and take 53-162 months to fully recover

California is home to about 70% of the most expensive ZIP codes, according to Property Shark. Other top expensive cities in California included Sunnyvale, Mountain View, Menlo Park, Beverly Hills, Newport Beach and Los Angeles. Updated to include drought zones while tracking water shortage status of your area, plus reservoir levels and a list of restrictions for the Bay Area’s largest water districts.

It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more. Kathleen Pender was a San Francisco Chronicle journalist for 36 years. After serving as a business reporter and editor, she wrote the Net Worth column from 2000 to 2021, where she explained how the big business and economic news of the day affected a household's net worth. She majored in business journalism at the University of Missouri-Columbia and was a Knight-Bagehot fellow in business journalism at Columbia University.