From January through March of 2017, there were two homes sold, with a median sale price of $1,900,000 - a 36.9% increase over the $1,387,500 median sale price for the same period of the previous year. There were two homes sold in Devonshire in the first quarter of 2016, as well.
The median sales tax in Devonshire for the most recent year with available data, 2015, was $8,881, approximately 0.5% of the median home sale price for the first quarter of 2017.
The following table compares Devonshire to other San Mateo County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Portola Valley | 7 | 7 | 0% | $3,050,000 | $2,835,000 | 7.6% |
Palomar Park | 1 | 1 | 0% | $3,050,000 | $253,000 | 1105.5% |
West Menlo Park | 8 | 13 | -38.5% | $2,537,500 | $2,350,000 | 8% |
Ladera | 6 | 2 | 200% | $2,497,500 | $2,327,500 | 7.3% |
Menlo Oaks | 4 | 1 | 300% | $2,405,000 | $3,140,000 | -23.4% |
Devonshire | 2 | 2 | 0% | $1,900,000 | $1,387,500 | 36.9% |
Burlingame | 39 | 38 | 2.6% | $1,850,000 | $1,575,000 | 17.5% |
Emerald Lake Hills | 12 | 11 | 9.1% | $1,816,000 | $1,657,500 | 9.6% |
Burlingame Hills | 3 | 1 | 200% | $1,800,000 | $200,000 | 800% |
Menlo Park | 59 | 59 | 0% | $1,800,000 | $2,280,000 | -21.1% |
Sequoia | 12 | 7 | 71.4% | $1,660,000 | $1,399,000 | 18.7% |