Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
Portola Valley Homes and Real Estate Sales
Peninsula residents who are looking for a more relaxed lifestyle are often attracted to Portola Valley which offers proximity to employment hubs and urban centers yet retains a rural quality as guided by the town’s General Plan that is committed to retaining a peaceful residential community within the natural features of the area.
There are a variety of architectural styles but most homes are ranches or contemporaries with vast expanses of glass to embrace the tranquil natural surroundings.
Real Estate Market Facts
Some key Portola Valley market indicators based on Multiple Listing Service data are as follows. The chart compares YTD statistics Q3 2018 to Q3 2019.
|January- September 2018||January-September 2019||Change|
|Number of Homes Sold||50||51||+1 Home|
|Median Sale Price||$2,840,000||$2,650,000||-6.7%|
|Average Days on Market||54||62||+8 Days|
|Sale Price to Original List Price Ratio||100.7%||95.9%||-4.8%|
Market trends demonstrate the softening of the market as has been widely reported. When evaluating residential real estate it’s advisable to consider the long view. In 2009 the Median Sale Price of a Portola Valley home was $1,599,000.
If you would like an accurate assessment of value of your Portola Valley property, or if you would like to discuss whether this is the right time to make a purchase, we invite you to contact us. It would be a pleasure to be of service to you.
Quality of Life
Known locally as an area of natural beauty, Portola Valley’s lifestyle includes a lot of emphasis on outdoor enjoyment.
Here are a few distinctive community features:
Contact us to put our knowledge and creativity to work for you!