From August through September this year, home prices land all over the board. The highest sales were seen in Atherton and Palo Alto, recording $31 million and $30 million, respectively, according to homes sales from the Palo Alto Weekly's August and September editions.
The ranges in price vary depending on what the sale included or how the transaction was carried out. Atherton definitely stands out as having the widest range in price, from $272,000 to $31 million. That is a difference of $30,728,000.
The data also shows that areas such as Los Altos Hills and Portola Valley have a limited number of sales and the prices are more homogenous.
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Lowest home sale from August and September 2015
Atherton: $272,000
East Palo Alto: $332,000
Los Altos: $805,000
Los Altos Hills: $2,400,000
Menlo Park: $495,000
Mountain View: $520,000
Palo Alto: $227,000
Portola Valley: $2,000,000
Woodside: $780,000
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Highest home sale from August and September 2015
Atherton: $31,000,000
East Palo Alto: $921,000
Los Altos: $3,660,000
Los Altos Hills: $6,300,000
Menlo Park: $5,875,000
Mountain View: $4,740,000
Palo Alto: $30,000,000
Portola Valley: $5,500,000
Woodside: $14,500,000
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Number of home sales from August and September 2015
Atherton: 16
East Palo Alto: 53
Los Altos: 60
Los Altos Hills: 14
Menlo Park: 90
Mountain View: 116
Palo Alto: 95
Portola Valley: 13
Woodside: 20
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Information is provided by California REsource, a real estate information company that obtains the information from the county recorder's office. The home sales recorded from deeds after the close of escrow and published within four to eight weeks.
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This article appeared in print in the Fall Real Estate 2015 publication.
