News

Atherton tops most expensive real estate list

Mountain View ranks 50th in U.S. with median home price of $1.85 million

For the second year in a row, Atherton topped the list for most expensive residential real estate in the country, according to real estate website PropertyShark.

Atherton topped the list of the 100 priciest ZIP codes, with a median home sale price of $6.7 million in 2018. The town's median home sale price increased 35 percent from last year, when it was $4.95 million, according to PropertyShark.

Los Altos is in the top 10, and homes in Mountain View's 94041 ZIP code are ranked 50th with a median of $1.85 million, followed by 94040 in 51st place with a median of $1.84 million. The city's 94043 ZIP code trails in 66th place with a median home price of $1.65 million.

Silicon Valley is home to 30 of the country’s priciest ZIP codes. The region has the highest concentration of expensive ZIP codes on PropertyShark's list, which was released last month.

Midpeninsula cities on the PropertyShark list

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1 - Atherton 94027, $6.7 million median sale price

6 - Palo Alto 94301, $3.75 million

7 - Los Altos 94022, $3.5 million

8 - Portola Valley 94028, $3.3 million

9 - Los Altos 94024, $3.25 million

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28 - Menlo Park 94025, $2.36 million

35 - Redwood City/Woodside 94062, $2.15 million

50 - Mountain View 94041, $1.85 million

51 - Mountain View 94040, $1.84 million

66 - Mountain View 94043, $1.65 million

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78 - Redwood City 94061, $1.57 million

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Angela Swartz
 
Angela Swartz joined The Almanac in 2018 and covers education and small towns. She has a background covering education, city politics and business. Read more >>

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Atherton tops most expensive real estate list

Mountain View ranks 50th in U.S. with median home price of $1.85 million

For the second year in a row, Atherton topped the list for most expensive residential real estate in the country, according to real estate website PropertyShark.

Atherton topped the list of the 100 priciest ZIP codes, with a median home sale price of $6.7 million in 2018. The town's median home sale price increased 35 percent from last year, when it was $4.95 million, according to PropertyShark.

Los Altos is in the top 10, and homes in Mountain View's 94041 ZIP code are ranked 50th with a median of $1.85 million, followed by 94040 in 51st place with a median of $1.84 million. The city's 94043 ZIP code trails in 66th place with a median home price of $1.65 million.

Silicon Valley is home to 30 of the country’s priciest ZIP codes. The region has the highest concentration of expensive ZIP codes on PropertyShark's list, which was released last month.

Midpeninsula cities on the PropertyShark list

1 - Atherton 94027, $6.7 million median sale price

6 - Palo Alto 94301, $3.75 million

7 - Los Altos 94022, $3.5 million

8 - Portola Valley 94028, $3.3 million

9 - Los Altos 94024, $3.25 million

28 - Menlo Park 94025, $2.36 million

35 - Redwood City/Woodside 94062, $2.15 million

50 - Mountain View 94041, $1.85 million

51 - Mountain View 94040, $1.84 million

66 - Mountain View 94043, $1.65 million

78 - Redwood City 94061, $1.57 million

Comments

Reader
another community
on Dec 3, 2018 at 12:01 pm
Reader, another community
on Dec 3, 2018 at 12:01 pm

Hooray Atherton!

Still the richest.

I feel like that should be their town motto.


Another zip code
another community
on Dec 3, 2018 at 12:13 pm
Another zip code , another community
on Dec 3, 2018 at 12:13 pm

How can a town without a grocery store be the most expensive.
Just saying.


Reader
another community
on Dec 3, 2018 at 12:28 pm
Reader, another community
on Dec 3, 2018 at 12:28 pm

Grocery shopping? That's what the hired help is for.


We said no
another community
on Dec 3, 2018 at 1:00 pm
We said no, another community
on Dec 3, 2018 at 1:00 pm

It's where people go to rattle around in their huge empty house, then drive to some other town to get some sort of community interaction.
No thanks, there's a trade off for everything, even if you can afford "the most".


Los Altos Local
Registered user
another community
on Dec 3, 2018 at 2:25 pm
Los Altos Local, another community
Registered user
on Dec 3, 2018 at 2:25 pm

I find it strangely ironic in these times of political correctness and renaming schools and streets, that Atherton and Hillsborough were originally formed specifically without retail downtowns (no shops, restaurants, services), and big lots, to keep minorities out, and particularly Italians. Now they are two of the most expensive towns in the US and quite diverse. Please, please do not rename these towns. Leave history alone to repair itself.
Of course, I am partial to Los Altos.....but then.....


Robyn
another community
on Dec 3, 2018 at 2:32 pm
Robyn, another community
on Dec 3, 2018 at 2:32 pm

I wish I could afford to live there to avoid the noise and congestion. Most neighbors are also bothersome.


Slow news day???
Another Mountain View Neighborhood
on Dec 3, 2018 at 11:33 pm
Slow news day???, Another Mountain View Neighborhood
on Dec 3, 2018 at 11:33 pm

And your point is?? Oh yes, let’s celebrate obscene wealth. I would think the ‘Mountain View Voice’ could come up with stories relevant to issues facing our city. Must be a very slow news day.


Radical
Another Mountain View Neighborhood
on Dec 4, 2018 at 5:41 am
Radical, Another Mountain View Neighborhood
on Dec 4, 2018 at 5:41 am

Haha, everyone has advice for the other guy. You should start your own paper, then you can decide what is important. I thought this was locally interesting.


member
St. Francis Acres
on Dec 4, 2018 at 7:36 pm
member , St. Francis Acres
on Dec 4, 2018 at 7:36 pm

Atherton has no charm for such an expensive price tag.


PV Resident
another community
on Dec 4, 2018 at 10:10 pm
PV Resident , another community
on Dec 4, 2018 at 10:10 pm

Wow! Lots of bitter comments! Some people seem upset (more like jealous?). Anyways I applaud Atherton even though our town was only #8 on the list. We’re all neighbors—no need to be outraged over a trivial list.


LOL
Castro City
on Dec 4, 2018 at 10:24 pm
LOL, Castro City
on Dec 4, 2018 at 10:24 pm

Hahaha imagine being the above poster.and pretending online to be a resident of Portola Valley. Sad!


SG
Registered user
Rengstorff Park
on Dec 4, 2018 at 11:35 pm
SG, Rengstorff Park
Registered user
on Dec 4, 2018 at 11:35 pm

Is there rent control in Atherton? The owner of my rented RV wants to move it from Mountain View to Atherton and increase my rent by $50. Is that even legal???


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