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Holbrook-Palmer Estate, "Elmwood"Holbrook-Palmer Estate, "Elmwood" · Photo: LPS.1 · CC0
Housing in Atherton

81 homes sold in Atherton in the last year, at a typical $12M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Atherton homes are listed.

Homes sold
81
June 2025 to May 2026
Typical sale price
$12M
median, weighted by sales
Price per square foot
$2,122
California $504
Paid vs. asking
100.6%
41% sold over asking
For sale now
11
May 2026 · 11 sold that month
What sold · last 12 months

Houses are 100% of Atherton’s sales, at a typical $12M

81 homes sold in the year to May 2026.

Houses$12M

typical sale · 81 sold in 12 months

Per square foot
$2,122CA $494
Days to sell
38
Sold over asking
41%
Listings with a price cut
19%
14 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

81 sales in the last year, against 108 in 2013 and a low of 67 in 2016. The typical sale went from $6.9M in 2016 to $12M.

Homes soldTypical sale price
03775112150$5.6M$8M$10.3M$12.7M2012: 84 sold, typical $3.6M’122013: 108 sold, typical $3.8M2014: 102 sold, typical $4.7M’142015: 78 sold, typical $6M2016: 67 sold, typical $6.9M’162017: 77 sold, typical $5.3M2018: 69 sold, typical $7.4M’182019: 67 sold, typical $7.6M2020: 85 sold, typical $6.7M’202021: 98 sold, typical $8.2M2022: 73 sold, typical $8.9M’222023: 82 sold, typical $8.7M2024: 89 sold, typical $8.7M’242025: 80 sold, typical $10.7MLast 12 months: 81 sold, typical $12MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in Atherton

Houseat $2,122 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Atherton homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Atherton are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Atherton’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 81 sales.

If you’re buying in Atherton

  • Shop in September. It brings about 13 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • You can negotiate. 19% of listings have cut their price, against 16% before the pandemic.
  • Bid near asking. Buyers paid 100.6% of the list price on average; 41% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 38 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

April has the most new listings (about 14 a month), but October is the most competitive: 39% of October sales close over asking. September offers nearly as much choice with fewer homes bid up (21%). December has the least competition (19%) but only about 1 new listings.

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 8 new listings a month, 25% sold over asking, 81 days to sellJFeb: 9 new listings a month, 23% sold over asking, 46 days to sellFMar: 10 new listings a month, 33% sold over asking, 32 days to sellMApr: 14 new listings a month, 36% sold over asking, 24 days to sellAMay: 11 new listings a month, 33% sold over asking, 27 days to sellMJun: 9 new listings a month, 32% sold over asking, 34 days to sellJJul: 6 new listings a month, 28% sold over asking, 53 days to sellJAug: 7 new listings a month, 25% sold over asking, 56 days to sellASep: 13 new listings a month, 21% sold over asking, 47 days to sellSOct: 9 new listings a month, 39% sold over asking, 47 days to sellONov: 4 new listings a month, 31% sold over asking, 47 days to sellNDec: 1 new listings a month, 19% sold over asking, 65 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than California

Atherton now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price41%29%28%36%
Gone within two weeksShare of homes under contract within 14 days33%35%47%31%
Listings with a price cutShare of homes for sale that cut their price19%16%14%24%
Price paid vs. askingAverage sale price ÷ list price100.6%98.8%98.8%99.7%
Days to sellMedian days from listing to contract38503144
Supply

12 homes for sale on a typical day

That’s 47% fewer than in 2017–19 and well under 2013’s 35.

2012: 27 for sale’122013: 35 for sale2014: 20 for sale2015: 18 for sale’152016: 25 for sale2017: 22 for sale2018: 20 for sale’182019: 26 for sale2020: 27 for sale2021: 21 for sale’212022: 21 for sale2023: 25 for sale2024: 21 for sale’242025: 14 for saleLast 12 months: 12 for saleNow
Room to negotiate

1 in 5 listings has cut its price

19% in the last year, against 16% in 2017–19 and 24% across California.

2015: 11%’152016: 16%2017: 15%2018: 17%’182019: 17%2020: 16%2021: 14%’212022: 14%2023: 20%2024: 15%’242025: 14%Last 12 months: 19%Now
Across California

Atherton ranks 202nd of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Atherton is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Atherton

Five things worth knowing

14

New listings in April

The month with the most choice. December has the fewest, about 1.

Best time to buy
A+

Schools

The schools grade for Atherton, from test results, graduation and how much students grow.

Schools in Atherton
23 min

Typical commute

The average one-way trip to work for people who live in Atherton.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

North Fair Oaks, West Menlo Park, Menlo Park, Emerald Lake Hills, East Palo Alto and Woodside sell for less a square foot

The busier markets within 25 miles of Atherton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Menlo Park308$2.9M$1,49451%18
East Palo Alto87$1.1M$79241%36
Atherton81$12M$2,12241%38
North Fair Oaks75$1.8M$1,15656%34
Woodside61$5.1M$1,66021%54
West Menlo Park49$3.8M$1,74037%42
Emerald Lake Hills47$3.4M$1,20747%166

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Atherton, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Atherton. People who follow the town see it, and so do people comparing Atherton with their own town. No commission, no listing fee.

Questions about buying a home in Atherton

What do homes sell for in Atherton, CA?

81 homes sold in the year to May 2026 at a typical $12M, $2,122 a square foot.

Is Atherton a buyer’s or seller’s market?

A seller’s market: 11 homes were for sale in May 2026 and 11 sold, about 1 months of supply. Buyers paid 100.6% of asking on average, and 19% of listings cut their price.

When is the best time to buy in Atherton?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Atherton?

Zillow, Redfin, Realtor.com and Homes.com all carry Atherton’s MLS listings; the search links above open each one filtered to Atherton.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).