Intero's Market Report

Portola Valley, CA

Single-Family Homes



Portola Valley, CA

Tue Oct 19 2021
This week the median list price for Portola Valley, CA is $6,694,000 with the market action index hovering around 53. This is less than last month's market action index of 60. Inventory has increased to 10. Click here to stay informed with the Portola Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Portola Valley, CA

Tue Oct 19 2021
This week the median list price for Portola Valley, CA is $6,694,000 with the market action index hovering around 53. This is less than last month's market action index of 60. Inventory has increased to 10. Click here to stay informed with the Portola Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Portola Valley market.
Median List Price $6,694,000
Median Price of New Listings $5,875,000
Per Square Foot $1,565
Average Days on Market 116
Median Days on Market 46
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent $6,500
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. 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
$23,500,000 10,493 10 - 20 acres 5 9 11 0 0 217
$12,488,000 7,952 2.5 - 5 acres 5 7 6 0 0 185
$6,688,000 4,100 1 - 2.5 acres 5 5 33 0 1 14
$3,290,000 3,490 1 - 2.5 acres 4 3 48 1 1 77