ANNUAL REAL ESTATE REVIEW

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2016 ANNUAL REPORT 

Download Hugh's 2016 Annual Real Estate review for a comprehensive analysis of residential market trends in the communities of Atherton, Menlo Park, Portola Valley and Woodside.  

Published  as a service to Hugh's clients, this report has proven to be a useful tool, enabling buyers and sellers to better understand local conditions and property evaluations.

Hugh also publishes a Mid-Year Review.  If you would like to see the 2016 report, please email hcornish@cbnorcal.com or call (650) 566-5353.

 

Annual Real Estate Review Highlights:

  • Interesting statistical highlights
  • Average home prices for the last 5 years
  • Median home prices for the last 5 years
  • Number of sales for the last 5 years
  • Average days on the market for the last 5 years

Community Market Conditions - 2016 Annual Report

Atherton Report

 

Residential property values in Atherton grew again in 2016 by 12%, which was not nearly as much as the 25% increase in 2015.

 

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Menlo Park Report

The average sale price of a home in Menlo Park grew to a new record high with an increase of $81,450 to $2,383,950. 

 

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Portola Valley Report

In 2016, the average sale price of a Portola Valley home reached a new record high, exceeding $3 million for the first time.
 

 

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Woodside Report

In 2016, the average sale price of a home in Woodside reached a record high of $4,046,024, representing a 7% increase over 2015.

 

 

 

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