From January through June of 2017, there were 40 homes sold, with a median sale price of $4,600,000. There were 33 homes sold in Atherton in the first half of 2016, and the median sales price for the period was also $4,600,000.
The median sales tax in Atherton for the most recent year with available data, 2015, was $27,180, approximately 0.6% of the median home sale price for the first half of 2017.
The following table compares Atherton to other San Mateo County cities with similar median sales prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Atherton | 40 | 33 | 21.2% | $4,600,000 | $4,600,000 | 0% |
Woodside | 12 | 27 | -55.6% | $3,841,250 | $3,500,000 | 9.8% |
Hillsborough | 71 | 49 | 44.9% | $3,560,000 | $3,388,000 | 5.1% |
Portola Valley | 24 | 31 | -22.6% | $3,555,000 | $2,851,000 | 24.7% |
Menlo Oaks | 5 | 5 | 0% | $3,190,000 | $3,300,000 | -3.3% |
Palomar Park | 4 | 6 | -33.3% | $2,800,000 | $1,767,500 | 58.4% |
West Menlo Park | 31 | 25 | 24% | $2,680,000 | $2,345,000 | 14.3% |
Ladera | 13 | 7 | 85.7% | $2,588,000 | $2,580,000 | 0.3% |
Burlingame | 113 | 101 | 11.9% | $1,955,000 | $1,721,500 | 13.6% |
San Mateo Highlands | 13 | 21 | -38.1% | $1,915,000 | $1,698,000 | 12.8% |
Menlo Park | 164 | 169 | -3% | $1,852,000 | $1,960,000 | -5.5% |