In August 2017, there were three homes sold, with a median sale price of $2,525,000 - a 17.2% decrease over the $3,050,000 median sale price for the same period of the previous year. There were two homes sold in Portola Valley in August 2016.
The median sales tax in Portola Valley for the most recent year with available data, 2015, was $17,281, approximately 0.7% of the median home sale price for August 2017.
The following table compares Portola Valley to other San Mateo County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Atherton | 9 | 1 | 800% | $4,750,000 | $4,839,000 | -1.8% |
| Woodside | 7 | 3 | 133.3% | $3,400,000 | $2,725,000 | 24.8% |
| Hillsborough | 13 | 12 | 8.3% | $3,300,000 | $4,215,000 | -21.7% |
| West Menlo Park | 4 | 6 | -33.3% | $3,000,000 | $3,197,500 | -6.2% |
| Los Trancos Woods | 1 | 1 | 0% | $2,850,000 | $1,550,000 | 83.9% |
| Portola Valley | 3 | 2 | 50% | $2,525,000 | $3,050,000 | -17.2% |
| Sequoia | 5 | 5 | 0% | $2,050,000 | $1,900,000 | 7.9% |
| Menlo Park | 30 | 30 | 0% | $1,930,000 | $1,547,500 | 24.7% |
| Emerald Lake Hills | 5 | 6 | -16.7% | $1,880,000 | $1,775,000 | 5.9% |
| Palomar Park | 3 | 0 | - | $1,800,000 | $0 | - |
| San Mateo Highlands | 2 | 4 | -50% | $1,738,500 | $1,557,500 | 11.6% |
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