Montara 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
MON 1998 49 $405,000 $460,690 59 59        
MON 1999 58 $455,000 $517,231 57 65 18.4% 12.3% 12.3% 10.2%
MON 2000 34 $567,500 $690,298 51 48 -41.4% 24.7% 33.5% -26.2%
MON 2001 29 $640,500 $645,602 65 65 -14.7% 12.9% -6.5% 35.4%
MON 2002 54 $557,500 $599,581 83 68 86.2% -13.0% -7.1% 4.6%
MON 2003 52 $600,000 $674,065 70 74 -3.7% 7.6% 12.4% 8.8%
MON 2004 49 $727,500 $772,112 55 58 -5.8% 21.3% 14.5% -21.6%
MON 2005 34 $830,000 $957,521 38 46 -30.6% 14.1% 24.0% -20.7%
MON 2006 25 $830,000 $948,584 96 66 -26.5% 0.0% -0.9% 43.5%
MON 2007 42 $832,500 $1,011,380 136 59 68.0% 0.3% 6.6% -10.6%

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.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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