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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atherton is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Atherton was a Seller's Market.

Key Takeaway

Atherton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Atherton, CA

How much do homes in Atherton, CA cost?

Median Sold Price

$7,497,500

$1,917/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$402,500(-5.1%)

Key Takeaway

Homes in Atherton have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Atherton was $7,497,500 in September 2024, down 5.1% from last year, and the median price per square foot was $1,917.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $3.3M$2.0M
-37.9%
3 $3.3M$4.5M
+37.1%
4 $7.1M$6.0M
-16.1%
5+ $10.4M$10.1M
-2.5%

Summary: Atherton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.9%, 3 bedroom homes increased by 37.1%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 2.5%.

Median Sold Price Compared To Nearby Cities

Menlo Park
+5.6%
Redwood City
+3.0%
Woodside
-3.0%
Atherton
-5.1%

Housing Supply in Atherton, CA

How many homes are available in Atherton, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2733+22.2%

Summary: The Atherton real estate market had 33 homes for sale in September 2024, a 22.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 79
+28.6%
5+ 1821
+16.7%

Summary: The Atherton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Atherton in September 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Atherton, CA

How long does it take to sell a home in Atherton, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
66 Days37 Days-44.1%

Summary: Homes in Atherton had an average of 37 days on market in Sep 2024, down by 44.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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.

Summary: During September 2024, 4 homes were sold in Atherton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Atherton, CA

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