In January 2017, there were two homes sold, with a median sale price of $3,045,000 - a 12.8% increase over the $2,700,000 median sale price for the same period of the previous year. There were three homes sold in Portola Valley in January 2016.
The median sales tax in Portola Valley for the most recent year with available data, 2015, was $17,281, approximately 0.6% of the median home sale price for January 2017.
The following table compares Portola Valley to other San Mateo County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Atherton | 5 | 3 | 66.7% | $5,250,000 | $2,000,000 | 162.5% |
| Woodside | 1 | 1 | 0% | $4,700,000 | $4,000,000 | 17.5% |
| Portola Valley | 2 | 3 | -33.3% | $3,045,000 | $2,700,000 | 12.8% |
| Hillsborough | 6 | 5 | 20% | $2,925,000 | $3,000,000 | -2.5% |
| San Mateo (unincorporated) | 1 | 1 | 0% | $2,900,000 | $196,000 | 1379.6% |
| Ladera | 1 | 0 | - | $2,490,000 | $0 | - |
| West Menlo Park | 4 | 9 | -55.6% | $2,212,500 | $2,350,000 | -5.9% |
| Emerald Lake Hills | 3 | 4 | -25% | $2,077,000 | $1,997,500 | 4% |
| Menlo Park | 14 | 12 | 16.7% | $2,024,000 | $2,200,000 | -8% |
| Burlingame Hills | 1 | 1 | 0% | $1,800,000 | $200,000 | 800% |
| Burlingame | 11 | 8 | 37.5% | $1,688,000 | $1,662,500 | 1.5% |
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