(function() { var po = document.createElement("script"); po.type = "text/javascript"; po.async = true; po.src = "https://apis.google.com/js/plusone.js"; var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(po, s); })(); Home sales and prices of Atherton real estate took a healthy jump for the year 2012 at a slightly above average 12 percent.  Atherton real estate has one of the highest average prices in the country at just over $4.5 million dollars.  So far in 2013, we are seeing a surge in mega priced homes […]" /> Kurtz Real Estate Group » Blog Archive » Atherton Luxury Real Estate Prices on The Rise

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Atherton Luxury Real Estate Prices on The Rise

January 4, 2013 Real Estate News No Comments
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Home sales and prices of Atherton real estate took a healthy jump for the year 2012 at a slightly above average 12 percent.  Atherton real estate has one of the highest average prices in the country at just over $4.5 million dollars.  So far in 2013, we are seeing a surge in mega priced homes that will be hitting the market soon in the over 50 million dollar range.  Atherton real estate is held by many a VC, CEO and tech giant who might be living behind those closed gates leading to properties well over one acre.

Atherton

 2011 2012 % Change
Number of Sales 73 82 12%
Average Price ($000) $4,125 $4,626 12%
Average DOM 78 60 -23%
Months of Inventory 0.2 0.3 50%
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