2025 Mid-Year Market Insights

Market Insights Mid-Year

4 Cities – One clear perspective

A data-driven look at the 1st half of 2025

Expert insights empower your decisions

Jackie & Richard Schoelerman

Menlo Park

Atherton

Los Altos

Palo Alto

2025 MID-YEAR MARKET INSIGHTS

Jackie and Richard Schoelerman Coldwell Banker Global Luxury Palo Alto, CA jackie@schoelerman.com www.schoelerman.com 650-855-9700 Jackie Schoelerman | CA DRE# 01092400 Richard Schoelerman | CA DRE# 01413607

As one of the most trusted names in Palo Alto and Silicon Valley real estate, Jackie and Richard Schoelerman bring more than just experience—they bring a reputation built on results, strategy, and genuine client care. Jackie and Richard Schoelerman - Silicon Valley’s Trusted Real Estate Advisors Specializing in guiding sellers through every stage of the process, they combine clarity, data-driven insights, and tailored marketing to consistently deliver. From pricing and preparation to negotiation and closing, their strategic approach is designed to maximize value and minimize stress. Sellers know they have steady, knowledgeable partners who always place their best interests first. Whether preparing to sell, considering a move, or planning ahead for the right moment, Jackie and Richard are here as resourceful, results-focused advisors. For recent sales, current listings, and upcoming opportunities, see the back cover. It would be their honor to represent you.

73% faster uncertainty were quickly offset by renewed confidence and a swift financial recovery, restoring stability. With demand outpacing limited supply, property values remain reinforced, underscoring the Mid-Peninsula’s standing as one of the most reliable and resilient real estate markets for long-term investment. Welcome to the data-driven Mid-Year Market Insights for 2025, with a focus on the Silicon Valley Mid-Peninsula—Palo Alto, Menlo Park, Los Altos, and Atherton. These communities represent the core expertise of Jackie and Richard Schoelerman, where their strategic guidance and deep market knowledge consistently deliver exceptional outcomes for both sellers and buyers. The following insights are based on sales data for single-family homes reported by the Multiple Listing Service (MLS). For clients interested in off-market opportunities, including condos and townhomes, the Schoelerman Team offers access to exclusive properties and personalized guidance. MID-YEAR MARKET OVERVIEW In the first half of 2025, the Silicon Valley Mid Peninsula saw strong buyer demand push home values to record highs. Early market fluctuations and broader economic

schoelerman.com

jackie@schoelerman

(650) 855-9700

Palo Alto Real Estate at a Glance – 2025 First Half

AVERAGE PRICE BY QUARTER

AVERAGE PRICE BY YEAR

$5,040,327

$4,614,705

$4,257,572

$4,378,617

$4,361,775

$4,252,000

$4,020,013

$4,423,081

$3,916,148

$3,837,403

2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2

2025 1st Half

2021 2022 2023 2024

MEDIAN PRICE

PRICE PER SQUARE FOOT

$2,092

$1,947

$1,952

$1,808

$1,862

$3,650,000

$3,558,553

$3,860,000

$3,606,500

$3,916,148

2025 1st Half

2021 2022 2023 2024

2025 1st Half

2021 2022 2023 2024

schoelerman.com

jackie@schoelerman

(650) 855-9700

Palo Alto Real Estate at a Glance – 2025 First Half

# of Sales

Median Days

Area Number

Area

High $

Low $

Median $

Average $

230

Palo Alto Hills

5

$11,500,000 $3,200,000 $4,488,000

$6,039,200

13

231

Green Acres

1

$4,195,000

$4,195,000 $4,195,000

$4,195,000

7

232

Barron Park

12

$5,785,000

$2,355,000 $3,550,000

$3,703,833

8

233

South Palo Alto

35

$6,800,000

$2,388,000 $3,370,000

$3,616,149

8

234

Midtown

26

$6,620,000

$2,400,000 $3,675,000

$3,971,088

8

235

Ventura

6

$4,500,000

$2,158,000 $3,036,000

$3,116,667

19

236

College

9

$5,175,000

$2,545,000 $3,080,000

$3,465,556

9

237

Old Palo Alto

34

$13,350,000 $2,075,000 $5,600,000

$6,066,003

9

238

Green Gables

25

$9,100,000

$2,530,000 $4,280,000

$4,505,660

7

239

Crescent Park

12

$16,800,000 $3,160,000 $5,930,000

$6,760,833

7

240

Community Center

19

$9,800,000

$1,650,000 $4,500,000

$5,242,324

10

241

Professorville

6

$7,300,000

$2,550,000 $5,050,000

$5,008,500

11

Downtown Palo Alto

242

9

$4,500,000

$2,515,000 $3,266,250

$3,346,111

27

All of Palo Alto

199

$16,800,000 $1,650,000 $3,860,000

$4,614,705

8

Data is based on single-family home sales reported to the Multiple Listing Service and does not include off-markert sales.

schoelerman.com

jackie@schoelerman

(650) 855-9700

Palo Alto Real Estate at a Glance – 2025 First Half

Record-high average, median, and per square foot prices achieved this year. Average sale price up 8% to more than $4.6 million. 64% of sales closed over list price — a strong sign of demand. High-end market strength: 23 homes sold for $7 million or more, including 5 at $11.5 million or above. Sales volume surged in the second quarter, with 128 closings compared to 71 in the first quarter. Fast market pace: 76% sold in 2 weeks or less, and 50% sold in just 8 days or less. Only one home sold for under $2 million.

Success Highlight Two of Jackie’s recent sales achieved exceptional results — each selling for $500,000 over the asking price — showcasing strong market demand and expert negotiation.

schoelerman.com

jackie@schoelerman

(650) 855-9700

Atherton Real Estate at a Glance – 2025 First Half

AVERAGE PRICE BY QUARTER

AVERAGE PRICE BY YEAR

$12,486,361

$11,795,000

$11,918,371

$11,047,453

$9,943,945

$9,568,622

$9,668,347

$9,217,867

$9,459,604

$8,651,240

2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2

2025 1st Half

2021 2022 2023 2024

MEDIAN PRICE

PRICE PER SQUARE FOOT

$2,176

$2,043

$1,960

$1,823

$1,809

$10,242,041

$7,934,500

$7,800,000

$7,732,500

$7,650,000

2025 1st Half

2021 2022 2023 2024

2025 1st Half

2021 2022 2023 2024

schoelerman.com

jackie@schoelerman

(650) 855-9700

Atherton Real Estate at a Glance – 2025 First Half

Average home price surged nearly 20% year over-year, reaching close to $12 million. Second-quarter average rose another 13% from Q1, climbing above $12.4 million. Median price set a new record, up 34% from last year to over $10.2 million 23 homes sold in Q2 compared to 15 in Q1, showing strong momentum High-end market remained robust with 20 sales ranging from $10.2M to $32.1M (excluding off-market sales) 45% of homes sold above list price — still reflecting competitive demand Homes sold faster: 17 days on average in Q2, compared to 36 days in Q1

# of Sales

Med Day

Area Number

Area

High $

Low $

Median $

Average $

290

Alameda to 280

11

$32,100,000 $6,395,000 $12,000,000 $15,270,677 13

El Camino to Alameda

291

15

$29,034,000 $4,675,888 $10,900,000 $12,823,865 11

Middlefield to El Camino

292

6

$8,888,888 $3,200,000 $6,034,400

$5,667,948

5

293

Lindenwood

6

$14,850,000 $5,530,000 $9,125,000

$9,759,167

6

All of Atherton

38

$32,100,000 $3,200,000 $10,242,041 $11,918,371 10

Data is based on single-family home sales reported to the Multiple Listing Service and does not include off-markert sales.

schoelerman.com

jackie@schoelerman

(650) 855-9700

Menlo Park Real Estate at a Glance – 2025 First Half

# of Sales

Median Days

Area Number

Area

High $

Low $

Median $

Average $

300

Alpine

1

$3,175,000

$3,175,000 $3,175,000

$3,175,000

12

Sharon Heights/Stanford Hills

301

14

$6,580,000

$3,600,000 $4,425,000

$4,829,206

7

302

County/Alameda

15

$5,100,000

$2,575,000 $3,425,000

$3,715,600

9

303

Central Menlo

24

$9,500,000

$3,350,000 $5,200,000

$5,943,326

11

Allied Arts & Downtown

304

8

$6,195,000

$2,525,000 $3,300,000

$3,462,500

8

Middlefield to El Camino

305

4

$4,860,000

$2,100,000 $3,020,000

$3,250,000

7

306

Felton Gables

1

$5,360,000

$5,360,000 $5,360,000

$5,360,000

2

307

Menlo Oaks

8

$7,300,000

$3,020,000 $5,426,000

$5,158,531

9

308

Willow/O'Connor

16

$5,300,000

$1,910,000 $3,182,500

$3,259,844

11

309

Flood Park

9

$3,850,000

$1,825,000 $2,180,000

$2,287,389

8

310

East of 101

15

$1,825,000

$940,000

$1,400,000

$1,361,000

17

311

County/Fair Oaks

17

$5,500,000

$1,655,000 $2,125,000

$2,541,235

9

All of Menlo Park

132

$9,500,000

$940,000

$3,387,500

$3,733,682

10

All of Menlo Park

Data is based on single-family home sales reported to the Multiple Listing Service and does not include off-markert sales.

schoelerman.com

jackie@schoelerman

(650) 855-9700

Menlo Park Real Estate at a Glance – 2025 First Half

Average home price showed a modest increase compared to 2024. Q2 average slipped 5% from the first quarter, reflecting early adjustments. Luxury segment remained strong: 31 homes sold at $5M+ and 8 sales above $7M. 60% of homes sold above list price — clear evidence of buyer competition. Entry-level market rare: only 2 homes sold for under $1M. Sales activity more than doubled, with 92 sales in Q2 versus 40 in Q1. Homes moved quickly, with 69% selling in 14 days or less.

AVERAGE PRICE BY QUARTER

AVERAGE PRICE BY YEAR

$3,869,950

$3,945,430

$3,888,824

$3,674,434

$3,721,399

$3,733,682

$3,622,554

$3,571,825

$3,463,617

$3,274,843

2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2

2025 1st Half

2021 2022 2023 2024

Data is based on single-family home sales reported to the Multiple Listing Service and does not include off-markert sales.

schoelerman.com

jackie@schoelerman

(650) 855-9700

Los Altos Real Estate at a Glance – 2025 First Half

AVERAGE PRICE BY QUARTER

AVERAGE PRICE BY YEAR

$5,940,821

$5,024,077

$5,305,648

$4,932,432

$4,416,137

$4,699,960

$4,531,322

$4,374,574

$4,288,767

$4,855,446

2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2

2025 1st Half

2021 2022 2023 2024

MEDIAN PRICE

PRICE PER SQUARE FOOT

$1,920

$1,912

$1,804

$1,724

$1,655

$5,100,000

$4,397,500

$4,200,000

$4,100,000

$4,100,000

2025 1st Half

2021 2022 2023 2024

2025 1st Half

2021 2022 2023 2024

schoelerman.com

jackie@schoelerman

(650) 855-9700

Los Altos Real Estate at a Glance – 2025 First Half

New record-high average price, up 13% year-over-year to over $5.3M.

Median price climbed 16% to reach $5.1M.

Luxury sales strong: 16 homes sold at $7M+, compared to just 4 in the same period last year.

Buyer demand remained competitive with 71% of homes selling over list price.

Only 1 home sold under $3M, underscoring strength in the entry-level market. Homes moved quickly: 38% sold within 1 week, and 76% sold within 2 weeks.

# of Sales

Med Day

Area Number

Area

High $

Low $

Median $

Average $

211

North Los Altos

45

$11,700,000 $3,100,000 $5,710,000

$5,895,556

8

212

Country Club

16

$8,600,000 $2,960,000 $3,785,000

$4,640,250

9

213

Highlands

14

$5,500,000 $3,000,000 $4,010,500

$4,068,864

10

214

South of El Monte

65

$12,000,000 $3,050,000 $5,100,000

$5,327,426

8

All of Los Altos

140 $12,000,000 $2,960,000 $5,100,000

$5,305,648

8

Data is based on single-family home sales reported to the Multiple Listing Service and does not include off-markert sales.

schoelerman.com

jackie@schoelerman

(650) 855-9700

Jackie’s Featured Sold Properties

Under Contract

$15,750,000 68 Almendral Ave, Atherton, CA 94027

211 Barbara Drive, Palo Alto 94303 $8,800,000

$7,600,000 55 Waverley Oaks, Palo Alto 94301

$6,420,000 9 Atherton Oaks Lane, Atherton 94027

$5,200,000 1211 Fulton Street, Palo Alto 94301

11975 Murietta Lane, Los Altos Hills 94022 $5,000,000

Under Contract

671 Live Oak Ave, Menlo Park, CA 94025 $4,650,000

$4,480,000 845 Moreno Avenue, Palo Alto 94303

2778 Stirrup Way, Los Altos Hills 94022 $4,279,000

schoelerman.com

jackie@schoelerman

(650) 855-9700

Jackie’s Featured Sold Properties

$4,250,000 98 Kilroy Way, Atherton 94027

$4,242,000 20 San Juan Avenue, Menlo Park 94025

$4,200,000 96 Tuscaloosa Avenue, Atherton 94027

1611 Oakdell Drive, Menlo Park 94025 $4,200,000

$4,150,000 4170 Wallis Court, Palo Alto 94306

962 Addison Avenue, Palo Alto 94301 $4,050,000

1766 Fulton Street, Palo Alto 94303 $4,025,000

$4,005,000 928 Lundy Lane, Los Altos 94024

1087 College Avenue, Menlo Park 94025 $4,000,000

schoelerman.com

jackie@schoelerman

(650) 855-9700

What Sets Us Apart

Coldwell Banker Global Luxury Jackie & Richard Schoelerman

When it comes to selling in Silicon Valley, results matter. Our strategy is built to maximize your home’s value and attract serious buyers ready to pay top dollar. Why Sellers Choose Us Recent sales have delivered outstanding results, with several closing well above list price — some by as much as $500,000. 70% Above Asking: Proven track record of sales at or above list price Top Producing Coldwell Banker Global Luxury Realtor – Palo Alto Office (#2 in 2022, #4 in 2023, #5 in 2024) Fluent in English & Persian, building trusted connections with international clients. Richard holds a Master’s in Architecture, and Jackie brings dual Bachelor’s degrees in Architecture and Business Finance — a powerful combination of design expertise and financial strategy. Our Full-Service Advantage 1.Home, termite & roof inspections 2.Coldwell Banker RealVitalize home improvement program (no upfront fees) 3.Professional staging guidance + staging fee reimbursement at closing 4.Contractor coordination for upgrades and repairs 5.Professional photography, video, lifestyle tour, and floor/site plans

6.Maximum online exposure across all major platforms 7.Exclusive “coming soon” & pre-market buzz campaigns 8.Private realtor events for expert pricing feedback

Call us today at 650-855-9700 or email jackie@schoelerman.com to schedule a consultation.

Jackie (Jaleh) and Richard Schoelerman Coldwell Banker Global Luxury Palo Alto, CA jackie@schoelerman.com www.schoelerman.com 650-855-9700 Jackie Schoelerman | CA DRE# 01092400 Richard Schoelerman | CA DRE# 01413607