Atherton Homes and Real Estate Sales
In November 2015 Atherton topped the list in a Forbes report about the most expensive housing zip codes in the United States.
The quiet town is known for exclusivity, and many of the Bay Area’s most beautiful and impressive homes are found here.
Real Estate Market Facts
The Atherton real estate market data below is based on Multiple Listing Service data for 2016:
- Highest priced Atherton Home Sold: $30,750,000
- Lowest priced Atherton Home Sold: $1,670,000
- Total number of Atherton Homes Sold: 70
Key real estate market indicators for the first half of 2017 include:
- Median Price of Homes Sold: $4,600,000
- Average Days on the Market for a Home to Sell: 43
- Sale Price of Home to List Price of Home: 98.3%
Atherton’s real estate market is not only the most expensive, it has also been one of the strongest performing.
In 2006, a decade ago, the Average Sales Price for Atherton homes sold was $4,226,700. In the past 3 years the Average Sales Price has increased significantly:
- 2014 Average Sales Price: $5,622,373
- 2015 Average Sales Price: $7,227,000
- 2016 Average Sales Price: $8,276,192
Due to the number of high profile people living in the town, not all real estate transactions are handled publicly through the Multiple Listing Service so that the principals’ privacy is preserved.
Quality of Life
Atherton is strictly a residential community and most homeowners enjoy quiet streets and large tree-studded lots. Many properties, particularly in central Atherton, are gated providing the residents with cherished privacy. The Lindenwood neighborhood is an exception with most homes visible from the street.
Depending on a home’s location, school-age children attend public school in the Menlo Park, Las Lomitas, Redwood City and Sequoia Union school districts. Some of the Peninsula’s acclaimed private schools are located nearby and include Sacred Heart, Menlo School and Phillips Brooks.
Shopping is easily accessible in adjacent Menlo Park and Redwood City or nearby Palo Alto.