2022 Year End Silicon Valley CA Real Estate Market Report

Jackie Schoelerman  |  February 16, 2023

Seller

2022 Year End Silicon Valley CA Real Estate Market Report

ATHERTON
Compared to last year in Atherton,
1. The number of homes sold has gone down by 28%.
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 $7,900,000 which is 1% lower than the previous year.
LOS ALTOS
Compared to last year in Los Altos,
1. The number of homes sold has gone down by 32%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 6% above the asking price.
4. The current Median sold price in Los Altos being $4,200,000 which is 2% higher than the previous year.
LOS ALTOS HILLS
Compared to last year in Los Altos Hills,
1. The number of homes sold has gone down by 41%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 5% above the asking price.
4. The current Median sold price in Los Altos Hills being $5,500,000 which is 6% higher than the previous year.
MENLO PARK
Compared to last year in Menlo Park,
1. The number of homes sold has gone down by 39%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 4% above the asking price.
4. The current Median sold price in Menlo Park being $3,135,000 which is 4.5% higher than the previous year.
MOUNTAIN VIEW
Compared to last year in Mountain View,
1. The number of homes sold has gone down by 33%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 9% above the asking price.
4. The current Median sold price in Mountain View being $2,635,000 which is 7% higher than the previous year.
PALO ALTO
Compared to last year in Palo Alto,
1. The number of homes sold has gone down by 34%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 6% above the asking price.
4. The current Median sold price in Palo Alto being $3,615,000 which is 1.5% higher than the previous year
PORTOLA VALLEY
Compared to last year in Portola Valley,
1. The number of homes sold has gone down by 45%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around the asking price with
4. The current Median sold price in Portola Valley being $4,200,000 which is 19.6% higher than the previous year
REDWOOD CITY
Compared to last year in Redwood City,
1. The number of homes sold has gone down by 23%
2. Homes are selling quickly similar to last year
3. Homes are selling around 8% above the asking price
4. The current Median sold price in Redwood City being $2,200,000 which is 10% higher than the previous year.
SAN CARLOS
Compared to last year in San Carlos,
1. The number of homes sold has gone down by 36%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 7% above the asking price.
4. The current Median sold price in San Carlos being $2,500,000 which is 3% higher than the previous year.
WOODSIDE
Compared to last year in Woodside,
1. The number of homes sold has gone down by 46%.
2. Homes are selling quickly similar to last year.
3. Homes are selling around 1% above the asking price.
4. The current Median sold price in Woodside being which is 27.6% higher than the previous year.

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