Portola Valley 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
PV  1997 82 $826,000 $1,052,188 56 97        
PV  1998 73 $1,142,000 $1,246,228 48 92 -11.0% 38.3% 18.4% -5.2%
PV  1999 87 $1,250,000 $1,462,286 63 96 19.2% 9.5% 17.3% 4.3%
PV  2000 90 $1,610,000 $2,193,835 21 99 3.4% 28.8% 50.0% 3.1%
PV  2001 55 $1,695,125 $1,858,847 54 101 -38.9% 5.3% -15.3% 2.0%
PV 2002 63 $1,385,000 $1,657,339 55 125 14.5% -18.3% -10.8% 23.8%
PV 2003 74 $1,520,000 $1,821,764 63 111 17.5% 9.7% 9.9% -11.2%
PV 2004 87 $1,700,000 $1,914,000 71 137 17.6% 11.8% 5.1% 23.4%


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.