Bay Area housing market, April 2021
By Sean Rossiter. Redfin data for February to April 2021
From February to April 2021, the single-family median sale price rose from a year earlier in 21 of 23 cities and fell in 2. 4,849 homes sold across all 23 cities, and 68.8% sold above list price. Medians ran from $1,000,000 in East Palo Alto to $7,300,000 in Atherton.
Biggest price changes
Single-family median, compared with a year earlier. Cities with at least 20 sales.
Up the most
- Saratoga: up 28.4% to $3,331,250
- Cupertino: up 25.1% to $2,780,000
- Redwood City: up 23.0% to $2,004,500
Down the most
- Los Altos Hills: down 5.0% to $4,534,500
- Menlo Park: down 4.0% to $2,675,000
- San Carlos: up 3.5% to $2,287,500
How fast homes sold
Median days on market for single-family homes. Cities with at least 20 sales.
Fastest
- Redwood Shores: 8 days
- Cupertino: 8 days
- Belmont: 9 days
Slowest
- Atherton: 29 days
- Los Gatos: 20 days
- Los Altos Hills: 14 days
All 23 cities
February to April 2021. 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 | $1,000,000 | +8.7% | +2.3% | 12 | 63.0% | $775,000 |
| San Jose | $1,372,000 | +11.5% | +5.4% | 9 | 75.2% | $675,000 |
| Santa Clara | $1,600,000 | +7.0% | +3.2% | 12 | 67.4% | $720,000 |
| San Mateo | $1,744,000 | +7.4% | +3.2% | 10 | 60.1% | $765,000 |
| Campbell | $1,793,546 | +22.2% | +8.7% | 13 | 62.8% | $835,000 |
| Redwood City | $2,004,500 | +23.0% | +7.8% | 9 | 70.8% | $1,050,000 |
| Foster City | $2,082,500 | +6.8% | -0.6% | 11 | 61.0% | $914,500 |
| Sunnyvale | $2,090,000 | +6.8% | +5.2% | 9 | 70.6% | $918,000 |
| Belmont | $2,100,000 | +13.5% | +8.2% | 9 | 73.1% | $681,000 |
| Redwood Shores | $2,265,000 | +5.3% | -3.8% | 8 | 77.8% | $1,160,000 |
| San Carlos | $2,287,500 | +3.5% | +7.6% | 9 | 67.0% | $1,100,000 |
| Mountain View | $2,405,500 | +11.0% | +9.9% | 11 | 56.0% | $875,000 |
| Los Gatos | $2,536,000 | +5.4% | +1.4% | 20 | 60.0% | $600,000 |
| Menlo Park | $2,675,000 | -4.0% | +4.3% | 11 | 50.0% | $1,274,000 |
| Cupertino | $2,780,000 | +25.1% | +8.6% | 8 | 75.4% | $1,167,500 |
| Saratoga | $3,331,250 | +28.4% | +0.0% | 10 | 71.2% | $885,000 |
| Palo Alto | $3,400,000 | +9.7% | +4.6% | 12 | 51.9% | $1,170,000 |
| Monte Sereno | $3,480,000 | +30.1% | +4.6% | 7 | 60.0% | n/a |
| Portola Valley | $3,824,000 | +14.2% | +8.6% | 19 | 22.2% | n/a |
| Los Altos | $3,850,000 | +21.8% | -0.8% | 9 | 63.0% | $1,438,000 |
| Los Altos Hills | $4,534,500 | -5.0% | +2.8% | 14 | 45.5% | n/a |
| Woodside | $4,737,500 | +28.0% | +14.8% | 45 | 33.3% | n/a |
| Atherton | $7,300,000 | +3.5% | +9.0% | 29 | 18.5% | n/a |
Source: Redfin Data Center, rolling three-month figures for February to April 2021. "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, yes. From February to April 2021, the single-family median sale price rose from a year earlier in 21 of 23 cities and fell in 2.
Where did prices rise the most?
Among cities with at least 20 single-family sales: Saratoga (up 28.4%), Cupertino (up 25.1%), Redwood City (up 23.0%), compared with a year earlier.
Where do homes sell the fastest?
Redwood Shores (8 days), Cupertino (8 days), Belmont (9 days), by median days on market for single-family homes from February to April 2021.