Portola Valley Real Estate Market Continues Downward Trend in New Listings

The Portola Valley market might be cooling in the coming weeks. Sales stayed steady at three homes sold over the last 30 days, but there is a determined downward trend in the number of new listings, with zero going live in the same time frame. The median sales price remained unchanged over the latest reporting period for Portola Valley, coming in at $2,370,000. Despite the flat sales, a relatively low one month of inventory remaining indicates that Portola Valley is a definite seller's market.

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Demographic facts about Portola Valley:

  • The total number of households here is 1,746.
  • This area has an unemployment rate of 7.5%.
  • This area has an average school expenditure per student of $9,456. ($5,691 = national average)

Data reported through 1/11/2017

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Ask a local expert about this area:
Keller Williams Palo Alto
Snapped 1 home in this area
Intero Real Estate Services
Snapped 2 homes in this area
Coldwell Banker
Snapped 1 home in this area

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