As the fall season settles in across the Peninsula, the real estate market continues to show strong activity with balanced conditions for both buyers and sellers. Let’s take a closer look at how Atherton, Menlo Park, and Redwood City performed in September 2025, according to the latest MLS data.
🏡 Atherton Market Overview
Atherton saw 7 homes sell in September 2025, a 17% increase from the previous month and 75% higher year-over-year.
Median Sale Price: $7,000,000 — down 18% from August’s $8.56M, but still one of the highest in San Mateo County.
Average Price per Sq. Ft.: $2,274 (+12% YoY)
Days on Market: Only 4 days, a significant drop from 51 in August — showing strong buyer urgency.
% of List Price Received: 100%, indicating sellers achieved full asking price.
While prices adjusted slightly downward month-to-month, demand remained exceptionally strong, and the quick turnaround times reflect Atherton’s continued appeal among luxury buyers seeking exclusivity and premier amenities.
🌳 Menlo Park Market Overview
Menlo Park’s market activity remained steady, with 29 homes sold in September 2025, up 16% from August and 38% higher year-over-year.
Median Sale Price: $3,125,000 — a slight 1% increase from August.
Average Price per Sq. Ft.: $1,512 (−3% YoY).
Days on Market: Averaged 13 days, consistent with last year’s trend.
% of List Price Received: 102%, slightly lower than 104% YoY, but still indicating multiple-offer conditions
Menlo Park continues to show balanced conditions with modest appreciation and strong absorption, especially in centrally located neighborhoods like Allied Arts and The Willows, where proximity to downtown and top schools remains highly desirable.
🌆 Redwood City Market Overview
Redwood City recorded 45 single-family home sales in September 2025 — a 32% increase from the previous month and 25% more year-over-year.
Median Sale Price: $2,150,000 — up 4% from August.
Average Price per Sq. Ft.: $1,153 (−8% YoY).
Days on Market: 13 days, unchanged from last month.
% of List Price Received: 102%, showing ongoing competitive offers
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With increased inventory and consistent sales activity, Redwood City remains a sought-after option for buyers seeking value and proximity to major tech hubs while still enjoying vibrant community living.
📈 Market Takeaways
Across these three key Peninsula cities:
Homes continue to sell quickly and close to list price.
Atherton’s luxury segment remains strong despite month-to-month price fluctuations.
Menlo Park and Redwood City are showing sustained activity, with slight price adjustments reflecting seasonal normalization rather than a market slowdown.
Low inventory levels across the Peninsula are keeping competition strong — particularly for move-in-ready homes.
💡 Thinking of Selling or Buying This Fall?
The fall market often brings serious buyers and strategic opportunities for sellers. Whether you’re curious about your home’s current value or considering a move before year-end, I’d love to provide a personalized market analysis and tailored plan to help you reach your goals.
📞 Jessica Heredia | Represent Realty
Menlo Park • Redwood City • Atherton
650.667.0523
