Peninsula Market Update | Q1 2019

Q1 2019

The Peninsula

Market Update

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The Peninsula market snapshot atherton burlingame hillsborough los altos hills menlo park woodside

The Peninsula

Market Snapshot

ASP vs Units sold $5M and Up

Up to $1M

$3M - $5M

1,600,000

4,500

1,400,000

4,000 3,500

1,200,000

3,000

1,000,000

2,500 800,000 2,000 600,000

1,500

400,000 $1M - $3M

1,000

200,000

500

0

0

2015 2016 2017 2018 2019

Sales Volume by Price Category

15 % 65 % 14% 6%

Median Sale Price vs. Total Units Sold

Up to $1 Million

Median Sale Price

$1 Million to $3 Million

Total Units Sold

$3 Million to $5 Million $5 Million and Up

Q1 2019 Highlights

The Peninsula

3.0% 2.0% 1.0% 0.0%

$5M and Up

Total Units

-1.0%

$3M $5M

-2.0% -3.0%

Up to $1M

-4.0% -5.0% -6.0% -7.0%

$1M - $3M

Final Sale vs.

Original List

-2 % 2% -7 % 1% 2% -6%

Woodside

Menlo Park

Los Altos Hills

Hillsborough

Burlingame

Atherton

-8.0%

Total Units Sold

by Price Category

29% 64% 6% 1%

Atherton Burlingame Hillsborough Los Altos Hills

Up to $1 Million $1 Million to $3 Million $3 Million to $5 Million $5 Million and Up

Menlo Park Woodside 2019 Highlights

/ The Peninsula Q1 2019 Market Update

at a glance {2019 }

atherton

10 Units Sold

11

%

Change in Units Sold { 2019 vs. 2018 }

5.8m

$

Median Sale Price

-32

%

Change in Median Sale Price { 2019 vs. 2018 }

Atherton Single Family Homes Sales

Sales Volume by Price Category Total Volume - Area Page

Total Units Sold to $1M byUp Price Category

$1M - $3M

Up to $1M $3M $5M

$1M $3M

units sold - Area Page

$3M - $5M $5M and up

$5M and up

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-31%

11%

17%

-

46%

2019

$5,837,000

10

$1,676

-2%

36

2018

$8,500,000 9

$1,427

2%

25

2017

$4,957,500

16

$1,341

-4%

37

2016

$5,925,000

19

$1,455

-3%

49

2015

$6,600,000 19

$1,223

-2%

50

{ 2019 vs. 2018 }

Change

Median Sale Price | Total Units Sold $9,000,000

20 18 16 14 12 10 8 6 4 2 0

$8,000,000 $7, 000,000 $6,000,000 $5,000, 000 $4,000,000 $3,000,000 $2,000,000 $1, 000,000 $-

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold

Atherton

/ The Peninsula Q1 2019 Market Update

Burlingame

Single Family Home Sales

Sales Volume

Total Units Sold Up to $1M

by Price Category

by Price Category Total Volume - Area Page

$5M and up Up to $1M

$5M and up

$3M - $5M

units sold - Area Page

$3M - $5M

$1M - $3M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-8%

23%

-10%

-

-43%

{ 2019 vs. 2018 }

Change 2019

$2,310,000 27

$1,062

2%

11

2018

$2,500,440 22

$1,174

11%

19

2017

$2,015,000 41

$1,002

9%

23

2016

$1,950,000 34

$965

7%

19

2015

$1,745,000

$904

9%

27

44

Median Sale Price | Total Units Sold 50 45 40 35 30 25 20 15 10 5 0

$3,000,000 $2,500,000 $2,000,000 $1, 500,000 $1, 000,000 $500,000 $-

2015

2016

Median Selling Price The Peninsula Q1 2019 Market Update / Burlingame

2017

2018 Total Units Sold

2019

at a glance {2019 }

burlingame

27 Units Sold

23

%

Change in Units Sold { 2019 vs. 2018 }

2.3m

$

Median Sale Price

-8

%

Change in Median Sale Price { 2019 vs. 2018 }

at a glance {2019 }

hillsborough

10 Units Sold

-41

%

Change in Units Sold { 2019 vs. 2018 }

4

$ m Median Sale Price

-24

%

Change in Median Sale Price { 2019 vs. 2018 }

Hillsborough Single Family Homes Sales

Up to $1M Sales Volume

by Price Category

Total Units Sold

by Price Category Up to $1M

$1M $3M

$1M $3M

units sold - Area Page

$5M and up

$3M - $5M

$5M and up

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-24%

-41%

-16%

-

113%

{ 2019 vs. 2018 }

Change 2019

$3,995,000 10

$1,164

-7%

42

2018

$5,229,625

17

$1,393

-1%

19

2017

$3,750,000

22

$1,049

0%

67

2016

$3,934,000

22

$1,071

0%

44

2015

$4,242,500

26

$1,051

0%

41

Median Sale Price | Total Units Sold $6,000,000

30

$5,000, 000

25

$4,000,000

20

$3,000,000

15

$2,000,000

10

$1, 000,000

5

$-

0

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold

Hillsborough

/ The Peninsula Q1 2019 Market Update

Los Altos Hills Single Family Home Sales

Sales Volume Up to $1M

by Price Category

Total Units Sold

by Price Category Up to $1M $5M and $1M $3M up

$1M $3M

$5M and up

units sold - Area Page $3M - $5M

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

3%

-46%

-1%

-

40%

2019

$3,725,000

35

$1,358

1%

17

2018

$3,630,000

65

$1,368

11%

12

2017

$3,100,000

96

$1,190

3%

17

2016

$2,962,500 74

$1,115

5%

19

2015

$3,146,000

$1,123

9%

18

{ 2019 vs. 2018 }

Change

98

Median Sale Price | Total Units Sold $4,000,000

120

$3,500,000

100

$3,000,000

80

$2,500,000 $2,000,000

60

$1, 500,000

40

$1, 000,000

20

$500,000 $-

0

2015

2016

Median Selling Price The Peninsula Q1 2019 Market Update / Los Altos Hills

2017

2018

Total Units Sold

2019

at a glance {2019 }

los altos hills

35 Units Sold

-46

%

Change in Units Sold { 2019 vs. 2018 }

3.7m

$

Median Sale Price

3

%

Change in Median Sale Price { 2019 vs. 2018 }

at a glance {2019 }

menlo park

47 Units Sold

7

%

Change in Units Sold { 2019 vs. 2018 }

2.5m

$

Median Sale Price

-17

%

Change in Median Sale Price { 2019 vs. 2018 }

Menlo Park Single Family Homes Sales

Sales Volume Price Category Total by Volume - Area Page

Total Units Sold

by Price Category Up to $1M

Up to $1M

$3M - $5M

units sold - Area Page $3M - $5M

$5M and up $1M - $3M

$1M - $3M

{ 2019 vs.

2018 }

$5M and up

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-17%

7%

-10%

-

68%

2019

$2,500,000 47

$1,274

2%

31

2018

$3,020,000 44

$1,415

10%

18

2017

$2,215,000

60

$1,188

3%

26

2016

$2,350,000 71

$1,156

5%

16

2015

$2,126,500

$1,105

9%

14

72

Median Sale Price | Total Units Sold $3,500,000

80

$3,000,000

70 60

$2,500,000

50

$2,000,000

40

$1, 500,000

30

$1, 000,000

20

$500,000

10

$-

0

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold

Menlo Park

/ The Peninsula Q1 2019 Market Update

Woodside Single Family Home Sales

Sales Volume

Up toUnits $1M Sold Total

by Price Category

Total by Volume - Area Page Price Category

Up to $1M

$1M - $3M

$5M and up

units sold - Area Page

$1M - $3M

$5M and up

$3M - $5M

{ 2019 vs.

2018 }

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

18%

0%

22%

-

-34%

2019

$3,300,000 9

$1,313

-6%

33

2018

$2,800,000 9

$1,079

1%

49

2017

$1,674,000

$691

-3%

74

2016

$4,000,000 17

$1,082

-4%

77

2015

$2,500,000 15

$878

-4%

88

5

Median Sale Price | Total Units Sold $4,500,000

18

$4,000,000

16

$3,500,000

14

$3,000,000

12

$2,500,000

10

$2,000,000

8

$1, 500,000

6

$1, 000,000

4

$500,000 $-

2 0

2015

2016

Median Selling Price The Peninsula Q1 2019 Market Update / Woodside

2017

2018

Total Units Sold

2019

at a glance {2019 }

woodside

9 Units Sold

0

%

Change in Units Sold { 2019 vs. 2018 }

3.3m

$

Median Sale Price

18

%

Change in Median Sale Price { 2019 vs. 2018 }

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