For the third year in a row, Atherton has landed at the top of a list for most expensive residential real estate in the country, according to real estate website PropertyShark.
Atherton topped the list of the 100 priciest ZIP codes, with a median home sale price of $7.05 million in 2019. The town's median home sale price increased 5% from $6.7 million in 2018, according to PropertyShark, which released its list on Nov. 18. This is the first year in which a ZIP code's median sale price exceeded $7 million.
The Bay Area is still the most expensive region in the country for housing, with 55 ZIP codes on the list.
San Francisco's housing costs is the highest in the country, with 13 ZIP codes on the PropertyShark list, according to the website.
Midpeninsula cities on the list are:
1 - Atherton 94027, $7.05 million median sale price
7 - Palo Alto 94301, $3.52 million
9 - Los Altos 94022, $3.45 million
11 - Portola Valley 94028, $3.3 million
13 - Los Altos 94024, $3.15 million
17 - Palo Alto 94306, $2.75 million
31 - Menlo Park 94025, $2.3 million
38 - Redwood City 94062, $2 million
39 - Mountain View 94040, $2 million
51 - Mountain View 94041, $1.81 million
79 - Redwood City 94061, $1.54 million
91 - Mountain View 94043, $1.47 million
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Comments
Portola Valley: Westridge
on Nov 21, 2019 at 8:40 pm
on Nov 21, 2019 at 8:40 pm
The fact that Woodside did not make the list is suspicious. How did Menlo Park and Redwood City make it? Not to mention several mtn view zip codes. Houses in Woodside are clearly more expensive than many of these cities.
Atherton: West Atherton
on Nov 21, 2019 at 10:05 pm
on Nov 21, 2019 at 10:05 pm
This list was for zip codes not town boundaries. All of (incorporated) Woodside shares a zip code with a portion of Redwood City and Unincorporated Emerald Hills, that being 94062. This zip code was within the rankings but listed as Redwood City. Several towns/cities have multiple zip codes and thus show up multiple times...NYC, SF, San Jose, etc.
The rankings would likely be different if it was based off actual town boundaries versus zip codes that often don’t align with town borders. Towns such as Atherton will always rank high as there’s only one zip code exclusively used for parcels within the town boundary (with a few exceptions of unincorporated parcels with an Atherton SOI)