Bay Area housing market, November 2021
By Sean Rossiter. Redfin data for September to November 2021
From September to November 2021, the single-family median sale price rose from a year earlier in 22 of 23 cities and fell in 1. 5,319 homes sold across all 23 cities, and 71.9% sold above list price. Medians ran from $1,045,000 in East Palo Alto to $9,967,500 in Atherton.
Biggest price changes
Single-family median, compared with a year earlier. Cities with at least 20 sales.
Up the most
- Atherton: up 52.5% to $9,967,500
- Menlo Park: up 29.1% to $3,422,500
- Los Altos: up 23.9% to $4,335,000
Down the most
- Woodside: down 19.8% to $3,687,500
- Los Altos Hills: up 7.3% to $5,125,000
- Redwood City: up 9.6% to $2,000,500
How fast homes sold
Median days on market for single-family homes. Cities with at least 20 sales.
Fastest
- Belmont: 8 days
- Cupertino: 8 days
- San Carlos: 9 days
Slowest
- East Palo Alto: 37 days
- Woodside: 18 days
- Los Altos Hills: 15 days
All 23 cities
September to November 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 | $1,045,000 | +22.6% | -4.8% | 37 | 41.7% | $597,000 |
| San Jose | $1,430,000 | +13.4% | +0.0% | 10 | 74.7% | $665,000 |
| Santa Clara | $1,655,000 | +18.3% | +3.1% | 9 | 71.5% | $782,500 |
| Campbell | $1,700,000 | +13.0% | +0.9% | 9 | 78.3% | $620,000 |
| San Mateo | $1,800,000 | +10.7% | +1.1% | 10 | 70.5% | $786,000 |
| Redwood City | $2,000,500 | +9.6% | +3.0% | 11 | 69.4% | $962,000 |
| Foster City | $2,250,000 | +16.9% | +3.4% | 10 | 79.3% | $920,000 |
| Sunnyvale | $2,310,000 | +18.5% | +2.6% | 9 | 73.7% | $888,000 |
| Belmont | $2,350,000 | +20.5% | +4.4% | 8 | 83.3% | $843,000 |
| San Carlos | $2,487,500 | +19.9% | +1.5% | 9 | 67.2% | $950,000 |
| Mountain View | $2,505,000 | +15.2% | -3.7% | 9 | 65.3% | $978,000 |
| Los Gatos | $2,700,000 | +22.9% | +3.8% | 13 | 65.1% | $844,000 |
| Redwood Shores | $2,773,000 | +21.6% | +5.4% | 10 | 77.5% | $1,055,000 |
| Cupertino | $2,810,000 | +21.6% | +0.0% | 8 | 77.2% | $1,071,000 |
| Menlo Park | $3,422,500 | +29.1% | +1.3% | 10 | 55.0% | $955,000 |
| Palo Alto | $3,640,000 | +22.6% | +1.1% | 9 | 66.0% | $1,160,000 |
| Saratoga | $3,680,000 | +14.5% | +0.8% | 11 | 78.8% | $950,000 |
| Woodside | $3,687,500 | -19.8% | -12.2% | 18 | 45.5% | n/a |
| Monte Sereno | $4,000,000 | +28.6% | +6.0% | 13 | 47.1% | n/a |
| Los Altos | $4,335,000 | +23.9% | +3.2% | 9 | 73.8% | $1,380,000 |
| Portola Valley | $4,375,000 | +6.7% | +1.2% | 19 | 28.6% | n/a |
| Los Altos Hills | $5,125,000 | +7.3% | -8.6% | 15 | 55.9% | n/a |
| Atherton | $9,967,500 | +52.5% | +4.9% | 14 | 35.7% | n/a |
Source: Redfin Data Center, rolling three-month figures for September to November 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 September to November 2021, the single-family median sale price rose from a year earlier in 22 of 23 cities and fell in 1.
Where did prices rise the most?
Among cities with at least 20 single-family sales: Atherton (up 52.5%), Menlo Park (up 29.1%), Los Altos (up 23.9%), compared with a year earlier.
Where do homes sell the fastest?
Belmont (8 days), Cupertino (8 days), San Carlos (9 days), by median days on market for single-family homes from September to November 2021.