The spring still proves to be the strongest time of year to sell, according to the numbers we have so far for Portola Valley, Woodside, Atherton, Menlo Park, Palo Alto, Los Altos and Los Altos Hills. See the details for each town below.

Portola Valley

Sales in Portola Valley really picked up in April. Year to date, there have been 22 sales, 14 of which were in April. While the total number of sales has declined significantly compared to the same time last year (when there were 31sales), during both periods, April was the strongest month. As shown in the data below, 6 of the 14 closed sales in April were for more than list price, including 4 that were in excess of $3 million. There was also 1 sale that sold for list price at $10.8 million. The length of time to sell a home was particularly low with 9 of the 14 homes selling in two weeks or less.

The average price this year for a home in Portola Valley is $3,273,681, a 20% increase compared to the same period in 2014. The current median price of $2,612,000 represents a 6% increase compared to the same period in 2014.

Currently there are just 8 homes for sale in Portola Valley,only 2 of which have come on the market in the last month!

Woodside

Year to date, Woodside sales have declined compared to the same period in 2014. March proved the strongest month so far this year with 8 sales followed by April with 6. Although sales volume has decreased, 3 of the April sales were for more than list price and 2 of those sold very quickly.

The average price this year is $2,776,608, a 14% decline compared to the same period in 2014. The current median price of $2,300,000 represents a 4% increase compared to the same period in 2014.

Currently there are 27 homes for sale in Woodside, 17 ofwhich have been on the market for more than 30 days.

Atherton

Sales in Atherton really picked up in April. Year to date, there have been 22 sales and 11 of them were in April. While the total number of sales declined compared to the same time last year (when there were 34 sales), during both periods, April was the strongest month. 3 of the sales in April were for more than listprice and there were 2 sales for $13 million or more. The length of time to sell a home in April was a median of 21 days. Prices have dramatically increased in Atherton.

The average price this year is $7,843,363, a 45% increase compared to the same period in 2014. The current median price of$6,850,000 represents a 78% increase compared to the same period in 2014.

Currently there are 19 homes for sale in Atherton, 10 ofwhich are listed for $10 million or more.

Menlo Park

After a slow start, sales in Menlo Park really picked up in the past 2 months. Year to date, there have been 108 sales. While the total number of sales is down compared to the same time last year (when there were 112 sales), during both periods, April was the strongest month. 80% of the sales in April were for more than list price regardless of price range. The high end of th emarket was strong with 6 sales for $3 million or more. The length of time to sell a home in April was particularly low with only 6 homes taking more than 2 weeks to sell.

The average price this year for a home in Menlo Park is $2,038,571, the same as it was in the first 4 months of last year. The current median price of $1,905,000 represents a 21% increase compared to the same period in 2014.

Currently there are 29 homes for sale in Menlo Park, mostof which came on in the past 2 weeks, so competition isstarting to heat up.

Palo Alto

Sales in Palo Alto really picked up in the past 2 months. Year to date, there have been 121 sales and 89 of them were in March and April. While the total number of sales has declined compared to the same time last year (when there were 133 sales), during both periods, April was the strongest month. 74% of the sales in April were for more than list price regardless of price range. The high end of the market was strong with 7 sales for $5 million or more. The length of time to sell a home in April was particularly low with half of all homes selling in 9 days or less.

The average price this year for a home in Palo Alto is $2,833,963, a 23% increase compared to the same period in 2014. The current median price of $2,500,000 represents a 25% increase compared to the same period in 2014.

Currently there are 43 homes for sale in Palo Alto, socompetition is starting to heat up.

Los Altos and Los Altos Hills

Year to date, sales show an increase over the same periodl ast year, particularly in Los Altos Hills with 40 sales this year compared to just 23 last year. 78% of the sales in April were for more than list price regardless of price range. The high end of the market was strong with 9 sales for $4 million or more. The length of time to sell a home in April was particularly low with half of all homes selling in 8 days or less.

The average price this year for a home in Los Altos is $2,802,226, a 23% increase compared to the same period in 2014. The current median price of $2,660,000 represents a 21% increase compared to the same period in 2014. In Los Altos Hills, the current average price is $5,096,312, a 37% increase compared to the same period in 2014. And the current median price of $3,650,000 shows a 21% increasec ompared to the same period in 2014.

Currently there are 27 homes for sale in Los Altos and 22 in Los Altos Hills, so competition is starting to heat up.