Bay Area housing market, June 2019
By Sean Rossiter. Redfin data for April to June 2019
From April to June 2019, the single-family median sale price rose from a year earlier in 6 of 23 cities and fell in 17. 5,394 homes sold across all 23 cities, and 55.4% sold above list price. Medians ran from $1,050,000 in East Palo Alto to $8,900,000 in Atherton.
Biggest price changes
Single-family median, compared with a year earlier. Cities with at least 20 sales.
Up the most
- East Palo Alto: up 6.6% to $1,050,000
- Atherton: up 4.1% to $8,900,000
- Redwood City: up 2.6% to $1,702,500
Down the most
- Monte Sereno: down 15.7% to $3,350,000
- Menlo Park: down 14.9% to $2,550,000
- Mountain View: down 11.2% to $2,202,000
How fast homes sold
Median days on market for single-family homes. Cities with at least 20 sales.
Fastest
- Belmont: 14 days
- Redwood Shores: 14 days
- San Carlos: 14 days
Slowest
- Atherton: 47 days
- Monte Sereno: 35 days
- Saratoga: 35 days
All 23 cities
April to June 2019. Sorted by single-family median.
| City | Single-family median | vs. a year earlier | vs. last month | Days on market | Sold above list | Condo median |
|---|---|---|---|---|---|---|
| East Palo Alto | $1,050,000 | +6.6% | +0.9% | 35 | 50.0% | $541,000 |
| San Jose | $1,155,000 | -7.6% | +0.4% | 27 | 52.4% | $680,000 |
| Campbell | $1,380,000 | -10.8% | -1.4% | 19 | 52.4% | $675,000 |
| Santa Clara | $1,445,000 | -6.8% | +1.6% | 21 | 59.9% | $760,000 |
| San Mateo | $1,630,500 | -1.2% | +1.9% | 17 | 68.2% | $842,000 |
| Redwood City | $1,702,500 | +2.6% | -5.4% | 24 | 58.7% | $975,000 |
| Sunnyvale | $1,800,000 | -10.4% | +0.9% | 18 | 62.9% | $955,000 |
| Belmont | $1,802,000 | -2.9% | -2.3% | 14 | 58.1% | $819,500 |
| Foster City | $1,870,000 | -1.6% | +0.0% | 20 | 71.4% | $1,011,000 |
| Redwood Shores | $1,953,000 | -7.0% | +2.8% | 14 | 69.2% | $960,000 |
| San Carlos | $2,110,000 | -3.2% | +0.5% | 14 | 72.2% | $1,119,500 |
| Mountain View | $2,202,000 | -11.2% | -0.5% | 15 | 62.3% | $1,035,000 |
| Cupertino | $2,390,000 | -4.0% | +3.9% | 29 | 57.1% | $1,150,000 |
| Los Gatos | $2,420,000 | +1.3% | -0.8% | 30 | 45.7% | $724,500 |
| Menlo Park | $2,550,000 | -14.9% | -2.9% | 17 | 51.3% | $1,300,000 |
| Saratoga | $2,900,000 | -1.3% | +1.6% | 35 | 41.7% | $900,000 |
| Palo Alto | $3,204,500 | -2.9% | +0.0% | 16 | 55.9% | $1,652,000 |
| Los Altos | $3,301,000 | +0.0% | -2.6% | 17 | 51.9% | $2,174,000 |
| Monte Sereno | $3,350,000 | -15.7% | -4.3% | 35 | 45.0% | n/a |
| Portola Valley | $4,300,000 | +29.6% | +34.6% | 25 | 26.3% | n/a |
| Los Altos Hills | $4,500,000 | -7.2% | +0.0% | 29 | 36.0% | n/a |
| Woodside | $4,750,000 | -8.2% | +8.0% | 46 | 23.1% | n/a |
| Atherton | $8,900,000 | +4.1% | -1.1% | 47 | 32.3% | n/a |
Source: Redfin Data Center, rolling three-month figures for April to June 2019. "vs. last month" compares with the three months ending one month earlier. Sold above list covers all home types. Small cities have few sales, so their numbers swing more. Redwood Shores uses ZIP code 94065. Deemed reliable but not guaranteed.
FAQs
Are Bay Area home prices going up?
In most cities, no. From April to June 2019, the single-family median sale price rose from a year earlier in 6 of 23 cities and fell in 17.
Where did prices rise the most?
Among cities with at least 20 single-family sales: East Palo Alto (up 6.6%), Atherton (up 4.1%), Redwood City (up 2.6%), compared with a year earlier.
Where do homes sell the fastest?
Belmont (14 days), Redwood Shores (14 days), San Carlos (14 days), by median days on market for single-family homes from April to June 2019.