Atherton Home Values

Currently the market in Atherton has been leaning towards a buyers market. Uncharacteristic of the Bay Area, this affords a slight advantage for negotiating, in favor of the buyer. Median list price is currently at $7,142,500. Price per square foot has remained fairly constant at $1,737. Days on market has hovered at just about 4 months on average (121 days). Prices have dipped over the last week, presenting strong statistics for a growth cycle leading to equity gains.. Having hit a plateau, prices in Atherton are now primed to rise for the remainder of the calendar year. The key part to interpreting this will be that inventory must remain level or drop for these trends to take place. For prospective buyers looking in Atherton, now is the ideal time to find the right home and negotiate on your offer. Most importantly, home values may not be this low in Atherton ever again.

Homes In Atherton

Inventory remains very tight at only 32 units. The most expensive home listed in Atherton is on the market at $23,850,000. And as of today the least expensive home is listed at $2,198,000.

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Atherton’s Prestige

Atherton has a new and famous resident! Steph Curry and his family have relocated from the East Bay to Atherton. In September of 2019 the Curry’s purchased their new home for $31 million. Additionally, the family purchased a new Condo in San Francisco for $8 million earlier this year.

Notable Atherton Residents

Atherton is known for having one of the most sought after zip codes in the country. 94027 was named by business insider as the most expensive zip code in the United States, 2019. This is up a whopping 43% from just two years prior. Some other famous residents are Jerry Rice, former 49er’s receiver and Tom Prouix, co founder of Intuit. Some former residents are Sheryl Sandberg of Facebook and Eric Schmidt of Google.

Quiet, Secluded and Private –

Homes in Atherton that are along busier thoroughfares can sometimes be seen from the street. Looking through a gate or just over a wall, offers a glimpse into the opulence. The city strictly regulates its zoning, and the fact that nearly 100% of the city is residential, making it very private. A majority of streets do not have sidewalks, showcasing a rural feel when walking through the town. When winding down some of the lesser known streets, it shows just how secluded and quiet it really is.

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Custom Home Value Report

Updated 7/16/2020

Current market stats in Atherton are following a slight buyers advantage. The median list price has tapered down to $6,870,000. Price per square foot has lowered slightly to $1,730. Days on market has also gone down to 112 days. Inventory has risen, currently at 38 units. The most expensive home listed, is on market for $23,850,000. And the least expensive home is listed for $2,198,000. If the inventory continues to grow relative to the small amounts of demand for Atherton homes, prices should continue to go down. Looking at the past statistics for the Atherton real estate market shows that in mid July 2019 the median list price was over $9,300,000. Illustrating the significant drop in prices that the luxury market has experienced since that timeframe.

Atherton Home Values