Monday April 2, 2012 PORTOLA VALLEY, CA
Nino Gaetano’s Executive Summary Single Family Homes
The median list price in PORTOLA VALLEY, CA 94028 this week is $2,980,000.
Asking Price Per Square Foot $ 844
Average Days on Market (DOM) 176
Percent of Properties with Price Decrease 13 %
Median House Size (sq ft) 3320
The market has settled in at a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.