Intero's Market Report

Atherton, CA

Single-Family Homes



Atherton, CA

Thu Mar 23 2023
This week the median list price for Atherton, CA is $9,988,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 17. Click here to stay informed with the Atherton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Atherton, CA

Thu Mar 23 2023
This week the median list price for Atherton, CA is $9,988,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 17. Click here to stay informed with the Atherton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Atherton market.
Median List Price $9,988,000
Median Price of New Listings $14,500,000
Per Square Foot $1,970
Average Days on Market 131
Median Days on Market 42
Price Decreased 29%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$25,000,000 10,807 1 - 2.5 acres 6 7.5 3 0 0 52
$12,747,500 6,090 1 - 2.5 acres 5 5.8 29 1 0 140
$9,538,000 4,665 0.5 - 1 acre 4 4.8 53 0 0 98
$6,795,000 4,310 0.5 - 1 acre 5 4 51 0 0 28