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Monday, April 21, 2025

Portola Valley home prices rise in June 2017

Realestate2

The median sale price of a home sold in June 2017 in Portola Valley rose by $1,082,000 while total sales decreased by 14.3%, according to BlockShopper.com.

In June 2017, there were six homes sold, with a median sale price of $3,897,000 - a 38.4% increase over the $2,815,000 median sale price for the same period of the previous year. There were seven homes sold in Portola Valley in June 2016.

The median sales tax in Portola Valley for the most recent year with available data, 2015, was $17,281, approximately 0.4% of the median home sale price for June 2017.

The following table compares Portola Valley to other San Mateo County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Atherton115120%$4,750,000$6,650,000-28.6%
Woodside37-57.1%$4,282,500$3,500,00022.4%
Portola Valley67-14.3%$3,897,000$2,815,00038.4%
Hillsborough15887.5%$3,410,000$2,702,00026.2%
Moss Beach110%$2,712,500$1,307,500107.5%
Ladera220%$2,589,500$2,789,000-7.2%
West Menlo Park114175%$2,375,000$2,897,500-18%
Palomar Park21100%$2,312,500$1,960,00018%
San Mateo Highlands440%$2,112,500$1,562,50035.2%
Sequoia46-33.3%$1,990,000$1,500,00032.7%
Burlingame3918116.7%$1,900,000$1,962,500-3.2%

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