Is Atherton, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Atherton has remained a Seller's Market.
Housing Prices in Atherton, CA
How much do homes in Atherton, CA cost?
Median Sold Price
$7,500,000
$1,829/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Atherton was $7,500,000 in April 2024, down 0.9% from last year, and the median price per square foot was $1,829.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $3.3M | $2.0M | -37.9% |
3 Bedrooms | $4.0M | $5.4M | +32.4% |
4 Bedrooms | $6.8M | $6.3M | -7.6% |
5+ Bedrooms | $11.0M | $8.6M | -22.1% |
Summary: Atherton housing prices by bedroom type for April 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 32.4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
Redwood City | $1.8M | $1.8M | +1.3% |
Atherton | $7.5M | $7.5M | -0.9% |
Menlo Park | $2.6M | $2.4M | -7.6% |
Woodside | $5.3M | $4.6M | -12.1% |
Housing Supply in Atherton, CA
How many homes are available in Atherton, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 47 | +67.9% |
Summary: The Atherton real estate market had 47 homes for sale in April 2024, a 67.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 0 | 1 | +100.0% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 20 | 33 | +65.0% |
Summary: The Atherton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 65%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 10 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Atherton in April 2024, up by 400.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 12 Days | -58.1% |
Summary: Homes in Atherton had an average of 12 days on market in Apr 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Atherton; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.