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

Jackie Schoelerman  |  November 27, 2022

Seller

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

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.

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