Atherton Annual Real Estate Trends

SINGLE-FAMILY HOMES % Change from Year Before
Area Year No. Sales Median Price Average Price Avg DOM New Listings Sales Median Price Average Price New Listings
AT 1998 98 $1,550,000 $1,709,177 57 151        
AT 1999 117 $1,837,500 $2,330,755 46 128 19.4% 18.5% 36.4% -15.2%
AT 2000 95 $3,847,500 $4,072,355 35 160 -18.8% 109.4% 74.7% 25.0%
AT 2001 75 $2,750,000 $3,252,183 67 154 -21.1% -28.5% -20.1% -3.8%
AT 2002 76 $2,397,500 $2,632,436 65 149 1.3% -12.8% -19.1% -3.2%
AT 2003 95 $2,175,000 $2,587,647 100 151 25.0% -9.3% -1.7% 1.3%
AT 2004 108 $2,999,500 $3,540,560 78 155 13.7% 37.9% 36.8% 2.6%
AT 2005 103 $3,000,000 $3,407,260 51 174 -4.6% 0.0% -3.8% 12.3%
AT 2006 102 $3,256,410 $4,183,363 90 176 -1.0% 8.5% 22.8% 1.1%
AT 2007 80 $3,475,000 $4,157,187 59 119 -21.6% 6.7% -0.6% -32.4%

We are unable to create significant statistics for condominiums because there are so few sold. Please contact me for information regarding condos in Atherton.


DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.