Portola Valley

The Portola Valley real estate market average price increased 7% in the first half of 2025 compared to last year; however, it did not reach the record high set in 2022. The median price increased even more at 8%, rising to $4.2 million and matching the record high set in 2022. Of the 37 sales in the first half, 20, or 54%, sold for more than list price. The high end was strong with 8 homes sold from $7.2 million to $25 million. Homes also sold quickly with 65% selling in 14 days or less. 

Currently, 3 homes are pending sale, and there are 24 homes publicly for sale, all but 4 of which have been on the market for more than 30 days. 

Woodside

The Woodside real estate market average price increased 9% in the first half of 2025 compared to last year; however, it did not reach the record high set in 2023. The median price also increased 9%, rising to $4.6+ million, but not to the record high set in 2022. Of the 37 sales in the first half, only 11, or 30%, sold for more than list price. The high end was very strong with 6 homes sold for more than $10 million. Homes have taken longer to sell this year with just 10 selling in 14 days or less. 

Currently, 4 homes are pending sale, and there are 35 homes publicly for sale, all but 3 of which have been on the market for more than 30 days. 

Atherton

The Atherton real estate was very strong in the first half of 2025, reaching record-high prices. The average price increased 20% to more than $11.9 million for the first time, and the median price increased 34% to a dramatic record high of more than $10.2 million. Of the 38 sales in the first half, 20 were for more than $10 million, and only 2 were for less than $4 million. Only 45% of the homes sold for more than list price. The length of time to sell a home improved greatly with the median dropping to 10 days – a decline from 24 days last year. 

There are currently 4 homes pending sale and 17 homes currently publicly for sale, 9 of which are listed for more than $14 million. Only 4 of the homes have been on the market for less than 30 days.

Menlo Park

The Menlo Park real estate market reached a record-high median price in the first half of 2025 with a 4% increase compared to last year. The average price was just slightly lower in the first half at $3,238,859 compared to last year. The highest end of the market was strong with 8 sales in excess of $7 million. Of the 134 single-family homes sold, 79, or 59%, sold for more than list price. Homes also sold very quickly with 69% selling in 2 weeks or less. 

Currently, 19 single-family homes are pending sale and 49 are publicly for sale, 21 of which have been on the market for more than 30 days. 

Palo Alto

The Palo Alto real estate market reached record highs in the first half of 2025. The median price increased 6% to more than $3.8 million, and the average price increased 8% to a record high of $4.6+ million. The highest end of the market was strong with 14 sales for $8 million or more. Of the 200 single-family home sales in the first half, 129 or 65%, sold for more than list price. Homes also sold very quickly with 76% selling in 2 weeks or less. 

Currently, 22 single-family homes are pending sale, and 51 are publicly for sale, 26 of which have been on the market for more than 30 days. 

Los Altos & Los Altos Hills

The Los Altos real estate market reached record highs in the first half of 2025. The median price increased 16% to $5.1 million, and the average price increased 13% to $5,298,215. The highest end of the market was strong with 16 sales for $7 million or more. Of the 143 single-family home sales in the first half, 102, or 71%, sold for more than list price. Homes also sold very quickly with 77% selling in 2 weeks or less. Currently, 15 single-family homes are pending sale, and 22 are publicly for sale, only 5 of which have been on the market for more than 30 days.

The Los Altos Hills real estate market also reached record highs in the first half of 2025. The average price increased 3% to more than $6.4 million; however, the median price declined a slight 1% to just over $5.5 million. The highest end of the market was strong with 10 sales for more than $8 million. Of the 44 sales in the first half, 23, or 52%, sold for more than list price. Homes also sold quickly with 70% selling in 2 weeks or less. 

Currently, 9 homes are pending sale and 21 are for sale, 18 of which have been on the market for more than 30 days.