Is Atherton, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atherton is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, Atherton has remained a Seller's Market.

Key Takeaway

Atherton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Atherton, CA cost?

Median Sold Price

$7,839,000

$1,814/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$436,000(-5.3%)

Key Takeaway

Homes in Atherton have sold for 5.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
N/A
2 $5.9M$3.3M
-44.1%
3 $5.4M$6.3M
+16.7%
4 $6.5M$6.5M
0.0%
5+ $11.5M$10.9M
-5.2%

Median Sold Price Compared To Nearby Cities

Woodside
+11.3%
Redwood City
+6.7%
Menlo Park
+5.2%
Atherton
-5.3%

How many homes are available in Atherton, CA?

Number of Homes For Sale

Jan 2023Feb 2023%
2629+11.5%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 11
0.0%
3 13
+200.0%
4 23
+50.0%
5+ 2222
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
27+250.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atherton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
6 Days80 Days+1245.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Atherton are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Atherton, CA

Number of homes for sale in Atherton, CA real estate market have reached 29. In February 2023 in Atherton, CA there were 11.5% more homes for sale than in January 2023. The median list price of listings available in February 2023 was $7,839,000, while the average time on the real estate market was 80 days. Real estate listing prices changed between January 2023 and February 2023: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went down by 44.1%, 3 bedrooms properties became 16.7% more expensive, prices of 4 bedrooms properties remained the same, 5 bedrooms properties became 5.2% more cheaper. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 200%, the quantity of 4 bedrooms homes went up by 50%, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in February 2023 in Atherton, CA. In the same period over 7 listings were sold below the listed price and 0 listings were sold for the listed price.

Related Housing Market Reports