The Peninsula Report 3RD QUARTER 2016
Dreyfus Sotheby’s International Realty specializes in mid-Peninsula/Silicon Valley home sales. This report summarizes data for single family residences for the 3rd quarter of 2016. We love feedback: marketing@dreyfussir.com
San San Carlos Carlos
MEDIAN SALE PRICE
Peninsula Cities
2016 Q3
2015 Q3
% CHANGE
Redwood City
$1,390,000
$1,300,000
6.9%
San Carlos
$1,650,000
$1,637,500
0.8%
Woodside
$2,460,422
$2,612,500
-5.8%
Atherton
$6,069,375
$5,500,000
10.4%
Menlo Park
$1,849,500
$2,200,000
-15.9%
Palo Alto
$2,587,500
$2,735,000
-5.4%
Portola Valley
$2,850,000
$2,700,000
5.6%
Los Altos Hills
$4,250,000
$3,426,000
24.1%
Los Altos
$2,547,375
$2,805,000
-9.2%
Mountain View
$1,685,000
$1,680,000
0.3%
Redwood Redwood City City
N.Fair Oaks
Emerald Hills
Atherton
East Palo Alto
Atherton
Palo Palo Alto Alto
Menlo Menlo Park Stanford Park Stanford
Woodside Woodside
Mountain Mountain View View Portola Portola Valley Valley
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Los Los Altos Altos Hills Hills
Los Los Altos Altos
Peninsula Market Report Q3 2016
Redwood City
1730 Alameda de las Pulgas
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$1,390,000
$1,300,000
6.9%
$1,375,000
$1,300,000
5.8%
$863
$831
3.9%
$845
$795
6.3%
Properties Sold
151
150
0.7%
530
547
-3.1%
New Listings
179
176
1.7%
643
611
5.2%
Days on Market (Avg)
28
20
40.0%
23
19
21.1%
Months of Inventory (Avg)
1.3
1.2
8.3%
1.4
1.1
27.3%
Redwood City Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
Neighborhoods
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Central Park - 333
$1,278,794
$1,176,000
8.7%
30
37
-18.9%
Clifford Heights - 337
$1,618,000
$2,006,596
-19.4%
1
3
-66.7%
Cordilleras Heights - 336
$1,592,500
$2,000,000
-20.4%
32
23
39.1%
$900,000
$790,000
13.9%
14
22
-36.4%
Farm Hills Estates - 335
$1,528,000
$1,735,000
-11.9%
25
18
38.9%
High School Acres - 334
$1,475,000
$1,385,900
6.4%
29
29
0.0%
Horgan Ranch - 332
$1,580,000
$1,330,000
18.8%
18
11
63.6%
$806,700
$899,950
-10.4%
2
7
-71.4%
Dumbarton - 330
Lenolt - 331
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
San Carlos
154 Garnet Avenue
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$1,650,000
$1,637,500
0.8%
$1,656,750
$1,526,500
8.5%
$904
$845
6.9%
$927
$844
9.8%
Properties Sold
75
61
23.0%
248
249
-0.4%
New Listings
84
67
25.4%
292
257
13.6%
Days on Market (Avg)
22
16
37.5%
17
16
6.3%
Months of Inventory (Avg)
0.9
0.7
28.6%
0.8
0.6
33.3%
San Carlos Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
Neighborhoods
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Alder Manor - 350
$2,130,000
$1,917,500
11.1%
9
8
12.5%
Beverly Terrace - 351
$1,650,000
$1,694,000
-2.6%
23
20
15.0%
Clearfield Park - 354
$1,152,500
$1,225,000
-5.9%
4
1
300.0%
Cordes - 355
$1,607,500
$1,525,000
5.4%
12
11
9.1%
El Sereno Corte - 352
$1,600,000
$1,600,000
0.0%
17
15
13.3%
Howard Park - 353
$1,734,000
$1,619,500
7.1%
10
6
66.7%
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Woodside
2190 Ward Way
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$2,460,422
$2,612,500
-5.8%
$3,175,000
$2,450,000
29.6%
$1,232
$964
27.8%
$1,177
$996
18.2%
Properties Sold
18
24
-25.0%
72
91
-20.9%
New Listings
28
39
-28.2%
109
134
-18.7%
Days on Market (Avg)
60
34
76.5%
65
62
4.8%
Months of Inventory (Avg)
5.3
4.8
10.4%
5.2
5.4
-3.7%
Woodside Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Central Woodside - 274
$6,375,000
$7,400,000
-13.9%
6
5
20.0%
Emerald Hills Area - 275
-
$3,400,000
-
0
3
-100.0%
Hidden Valley - 270
-
-
-
0
0
-
Old La Honda Road Area - 271
-
-
-
1
0
-
Skyline Area - 273
$1,342,500
$1,571,000
-14.5%
6
7
-14.3%
Skywood Area - 272
$3,850,000
$1,575,000
144.4%
1
3
-66.7%
Woodside Glens - 277
$1,498,000
$2,650,000
-43.5%
3
1
200.0%
Woodside Heights - 278
$3,950,000
$6,500,000
-39.2%
1
1
0.0%
Woodside Hills - 276
$2,725,000
$3,137,500
-13.1%
1
4
-75.0%
Neighborhoods
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Atherton
120 Selby Lane
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$6,069,375
$5,500,000
10.4%
$5,600,000
$5,600,000
0.0%
$1,599
$1,479
8.1%
$1,458
$1,333
9.4%
Properties Sold
12
23
-47.8%
63
87
-27.6%
New Listings
28
33
-15.2%
109
102
6.9%
Days on Market (Avg)
103
34
202.9%
63
45
40.0%
Months of Inventory (Avg)
11.4
3.1
267.7%
8.4
2.9
189.7%
Atherton Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
-
$5,540,000
-
0
4
-100.0%
El Camino to Alameda - 291
$15,500,000
$6,050,000
156.2%
7
9
-22.2%
Lindenwood Area - 293
$3,300,000
$5,075,000
-35.0%
1
6
-83.3%
Middlefield to El Camino - 292
$2,562,500
$3,875,000
-33.9%
4
4
0.0%
Neighborhoods Alameda to 280 - 290
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Menlo Park
1806 Doris Drive
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$1,849,500
$2,200,000
-15.9%
$2,045,000
$2,020,000
1.2%
$1,063
$1,098
-3.2%
$1,123
$1,087
3.3%
Properties Sold
70
95
-26.3%
289
341
-15.2%
New Listings
92
103
-10.7%
351
373
-5.9%
Days on Market (Avg)
27
20
35.0%
22
17
29.4%
Months of Inventory (Avg)
1.6
1
60.0%
1.3
0.9
44.4%
Menlo Park Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Allied Arts / Downtown - 304
$2,621,000
$2,300,000
14.0%
6
5
20.0%
Alpine Road Area - 300
$4,550,000
$2,595,000
75.3%
1
1
0.0%
Central Menlo - 303
$3,624,500
$4,094,650
-11.5%
8
14
-42.9%
County Area / Fair Oaks - 311
$1,095,000
$1,187,500
-7.8%
3
10
-70.0%
County/Alameda Area - 302
$2,800,000
$2,312,500
21.1%
15
14
7.1%
$900,000
$800,000
12.5%
13
9
44.4%
-
$4,205,000
-
0
1
-100.0%
Flood Park Area - 309
$1,685,000
$1,535,000
9.8%
7
8
-12.5%
Menlo Oaks Area - 307
$1,620,000
$3,068,500
-47.2%
6
4
50.0%
Middlefield to El Camino - 305
$1,620,000
$2,367,500
-31.6%
3
4
-25.0%
Sharon Heights / Stanford Hills - 301
$3,950,000
$2,750,000
43.6%
3
11
-72.7%
Willows / O'Connor - 308
$1,705,000
$1,970,000
-13.5%
5
14
-64.3%
Neighborhoods
East of U.S. 101 - 310 Felton Gables - 306
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Palo Alto
1320 Webster Street
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$2,587,500
$2,735,000
-5.4%
$2,555,000
$2,610,000
-2.1%
$1,416
$1,524
-7.1%
$1,516
$1,483
2.2%
Properties Sold
106
90
17.8%
356
342
4.1%
New Listings
139
125
11.2%
478
423
13.0%
Days on Market (Avg)
24
17
41.2%
23
18
27.8%
Months of Inventory (Avg)
1.4
1.5
-6.7%
1.6
1.3
23.1%
Palo Alto Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
Neighborhoods
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Barron Park - 232
$2,885,000
$2,350,000
22.8%
9
7
28.6%
College - 236
$2,375,000
$2,710,000
-12.4%
4
5
-20.0%
Community Center - 240
$4,229,000
$3,795,000
11.4%
2
5
-60.0%
Crescent Park - 239
$4,998,000
$4,600,000
8.7%
3
3
0.0%
Downtown Palo Alto - 242
$3,170,000
$3,650,000
-13.2%
4
3
33.3%
Green Acres - 231
$2,480,000
$2,800,000
-11.4%
1
1
0.0%
Green Gables - 238
$3,036,500
$2,888,000
5.1%
14
8
75.0%
Midtown - 234
$2,525,000
$3,100,000
-18.5%
17
9
88.9%
Old Palo Alto - 237
$3,280,000
$4,030,000
-18.6%
7
12
-41.7%
Palo Alto Hills - 230
$2,800,000
-
-
1
0
-
Professorville - 241
$4,500,000
$2,650,000
69.8%
3
3
0.0%
South Palo Alto - 233
$2,217,000
$2,400,000
-7.6%
35
27
29.6%
Stanford - 243
$2,535,000
$2,720,000
-6.8%
3
5
-40.0%
Ventura - 235
$1,708,000
$1,830,000
-6.7%
3
2
50.0%
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Portola Valley
3 Sunhill Street
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$2,850,000
$2,700,000
5.6%
$2,700,000
$2,517,500
7.2%
$1,076
$1,030
4.5%
$1,032
$1,014
1.8%
Properties Sold
15
15
0.0%
63
66
-4.5%
New Listings
19
21
-9.5%
84
80
5.0%
Days on Market (Avg)
45
26
73.1%
35
29
20.7%
Months of Inventory (Avg)
3.5
5.5
-36.4%
3.6
3.1
16.1%
Portola Valley Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Alpine / Uplands (Los Trancos) - 260
$1,550,000
-
-
1
0
-
Brookside / Willowbrook - 262
-
$2,400,000
-
0
1
-100.0%
Central Portola Valley - 263
$3,137,500
$4,502,500
-30.3%
6
6
0.0%
Ladera - 264
$2,557,000
$2,200,000
16.2%
4
7
-42.9%
Portola Valley Ranch - 261
$3,200,000
$2,295,000
39.4%
1
1
0.0%
Santa Maria / Russell - 265
$1,785,000
-
-
3
0
-
Neighborhoods
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Los Altos Hills
Silicon Valley Estate
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$4,250,000
$3,426,000
24.1%
$3,750,000
$3,625,000
3.4%
$1,346
$1,389
-3.1%
$1,158
$1,167
-0.8%
Properties Sold
27
23
17.4%
99
105
-5.7%
New Listings
40
52
-23.1%
163
151
7.9%
Days on Market (Avg)
49
27
81.5%
49
33
48.5%
Months of Inventory (Avg)
3.9
7.9
-50.6%
5.5
3.4
61.8%
Los Altos Hills Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
Neighborhoods Los Altos Hills - 221
PROPERTIES SOLD
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
$4,250,000
$3,426,000
24.1%
27
23
17.4%
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Los Altos
421 Guadalupe Drive
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
$2,547,375
$2,805,000
-9.2%
$2,725,000
$2,703,000
0.8%
$1,225
$1,234
-0.7%
$1,224
$1,200
2.0%
Properties Sold
66
82
-19.5%
260
303
-14.2%
New Listings
81
90
-10.0%
315
350
-10.0%
Days on Market (Avg)
19
21
-9.5%
16
15
6.7%
Months of Inventory (Avg)
1.5
0.9
66.7%
1.1
0.9
22.2%
Los Altos Sale Price (Median) Price per Sq Ft (Avg)
MEDIAN SALE PRICE
PROPERTIES SOLD
Neighborhoods
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
Country Club - 212
$2,625,000
$3,075,000
-14.6%
6
12
-50.0%
Highlands - 213
$2,814,000
$2,530,000
11.2%
4
1
300.0%
North Los Altos - 211
$2,650,000
$3,195,000
-17.1%
20
35
-42.9%
South of El Monte - 214
$2,475,000
$2,575,000
-3.9%
36
34
5.9%
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
Peninsula Market Report Q3 2016
Mountain View
505 Cypress Point Drive #208
2016 Q3
2015 Q3
% CHANGE
PAST YEAR (10/2015 - 9/2016)
PRIOR YEAR (10/2014 - 9/2015)
% CHANGE
Sale Price (Median)
$1,685,000
$1,680,000
0.3%
$1,720,000
$1,665,668
3.3%
Price per Sq Ft (Avg)
$1,054.00
$1,107.00
-4.8%
$1,094
$1,058
3.4%
Properties Sold
58
71
-18.3%
233
244
-4.5%
New Listings
85
87
-2.3%
271
282
-3.9%
Days on Market (Avg)
23
15
53.3%
17
14
21.4%
Months of Inventory (Avg)
1.4
0.9
55.6%
0.9
0.8
12.5%
Mountain View
MEDIAN SALE PRICE
PROPERTIES SOLD
Neighborhoods
2016 Q3
2015 Q3
% CHANGE
2016 Q3
2015 Q3
% CHANGE
County Area - 210
-
-
-
0
0
-
Downtown - 207
$1,638,000
$1,549,500
5.7%
16
14
14.3%
Grant - 208
$2,285,000
$2,100,000
8.8%
6
15
-60.0%
Miramonte - 209
$2,200,000
$1,800,000
22.2%
13
17
-23.5%
North Bayshore - 202
-
-
-
0
0
-
North Shoreline - 203
$1,490,000
$1,426,000
4.5%
6
7
-14.3%
Rengstorff - 204
$1,650,000
$1,200,000
37.5%
1
3
-66.7%
San Antonio - 206
$1,240,000
$1,090,000
13.8%
4
2
100.0%
Sylvan Dale - 201
$1,880,000
$1,710,000
9.9%
5
4
25.0%
Thompson - 205
$1,560,000
$1,470,000
6.1%
4
5
-20.0%
Whisman - 200
$1,550,000
$1,333,000
16.3%
3
4
-25.0%
This report is based on information from MLSListings, Inc. that has not been independently verified. Dreyfus Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2016 Dreyfus Sotheby’s International Realty
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