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Monday, April 21, 2025

Emerald Lake Hills home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Emerald Lake Hills fell by $650,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In May 2017, there were three homes sold, with a median sale price of $1,400,000 - a 31.7% decrease over the $2,050,000 median sale price for the same period of the previous year. There were seven homes sold in Emerald Lake Hills in May 2016.

The median sales tax in Emerald Lake Hills for the most recent year with available data, 2015, was $10,230, approximately 0.7% of the median home sale price for May 2017.

The following table compares Emerald Lake Hills to other San Mateo County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
San Mateo (unincorporated)14-75%$1,625,000$874,50085.8%
Belmont332157.1%$1,625,000$1,400,00016.1%
Montara12-50%$1,550,000$462,500235.1%
Devonshire10-$1,500,000$0-
Millbrae181428.6%$1,470,000$1,201,00022.4%
Emerald Lake Hills37-57.1%$1,400,000$2,050,000-31.7%
Redwood City6172-15.3%$1,398,000$1,210,50015.5%
San Mateo907815.4%$1,342,500$1,000,00034.3%
Foster City3032-6.3%$1,260,000$1,100,00014.5%
Los Trancos Woods20-$1,219,000$0-
Miramar20-$1,214,000$0-

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