Is Atherton, CA 94027 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Atherton is a seller’s market. With about 1.2 months of supply and 46% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score65/ 100

#30 of 43 ZIP codes in San Francisco & San Mateo, CA, and #164 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply1.2Under 4 months = seller’s market
Sold above original list46.1%Share of sales, last 3 months
Median sale-to-list106.6%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$2,451▲ +12.4% vs. last year

The Atherton housing market right now

In the three months ending August 31, 2026, 46% of homes in Atherton, CA 94027 sold above their list price, the typical home went under contract in 19 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 37%, homes sold faster (37 days then) and the median sale price rose 24% to $11,994,810. Overall, Atherton is more competitive than a year ago, so tougher for buyers.

Within San Mateo County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Atherton ranks #57 of 1,069 CA ZIP codes with enough sales (score 91 out of 100).

Nearby, buyers who want less competition could look at San Gregorio 94074 (0% sold over asking) or Pescadero 94060 (0% sold over asking), while South San Francisco 94080 (71% sold over asking) and San Mateo 94403 (69% sold over asking) are even more competitive.

Nearby markets

Belmont 94002Seller’s market $1,256 /sq ftBrisbane 94005Seller’s market $756 /sq ftBurlingame 94010Seller’s market $1,503 /sq ftDaly City 94014Seller’s market $671 /sq ft Browse all markets →

Where Atherton is

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Questions about Atherton real estate

Is Atherton a buyer’s or seller’s market?

A seller’s market: there were 1.2 months of supply in Atherton, CA 94027 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Atherton?

The typical home went under contract in 19 days in the latest three months.

Do homes in Atherton sell over asking?

46% of homes sold above their original list price, and the typical sale closed at 106.6% of the list price.

What are property taxes in Atherton?

About 1.15% of a home’s value a year in San Mateo County, or roughly $4,600 on a $400,000 home.

What is the median home price in Atherton?

The median sale price was $11,994,810 in the three months ending August 31, 2026, about $2,451 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology