2016 Half-Year Report: Portola Valley

 

July 11 2016
July 11 2016

2016 Half year graphs POrtola Valley

The Portola Valley real estate market remained strong in the first half of 2016 with 34 sales, just one more than the same period last year. Sales prices continue to rise with the average up 1% and the median up 4.7% over last year. Homes sold very quickly with 62% selling in 2 weeks or less – a marked improvement over previous years.

Half of the homes sold between $2 million and $3 million, and 5 sales exceeded $5 million, 4 of which sold in 2 weeks or less. Currently, there are just 11 homes on the market, ranging between $965,000 and $15 million. With the #1 market share in Portola Valley, I have the experience and knowledge to best represent you if you are considering a move. It would be my pleasure to be your real estate advisor.

2016 Half Year Sales


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