When advising our clients, we focus on more than just the next year ahead. Sure, some come to us with short-term plans, but the majority of Bay Area buyers we work with are looking far into the future. Whether buying, selling, or investing in Silicon Valley real estate, it's essential to understand how the market has uniquely evolved. We’re data-driven, and the numbers showcase just how much value this region has built over time.
Having worked in real estate since the turn of the century, we've had front-row seats to this transformation. We’ve seen life-changing gains for our clients since the beginning of our careers. The areas we serve have evolved dramatically in value, demand, and livability.
Let’s take a look at a 25-year data set to observe the unprecedented growth of Silicon Valley real estate.
Los Altos Real Estate: Upscale Living, Lasting Value
Los Altos homes have always attracted buyers looking for quiet neighborhoods, top-rated schools, and easy access to tech hubs. In the last 25 years, the demand for homes in Los Altos has grown steadily due to proximity to companies like Apple and Google, and a charming downtown that continues to thrive. The town’s commitment to preserving its residential character while embracing thoughtful development has further fueled its popularity. Renovations and new construction have brought a modern edge to the traditional appeal, helping Los Altos homes remain competitive in today’s high-end market.
2000
-
Single-Family Home (SFH) Average Sales Price: $1,560,228
-
Condo/Townhome Average Sales Price: $652,476
2025 YTD
-
SFH Average Sales Price: $5,313,361 (+240.6%)
-
Condo/Townhome Average Sales Price: $1,829,192 (+180.3%)
Los Altos Hills Real Estate: Luxury and Land
Known for its estate properties and expansive lots, Los Altos Hills homes appeal to those who value privacy and views. The area has remained low-density while offering fast access to Silicon Valley employers and renowned private schools. With limited new development and high demand from executives and entrepreneurs, prices have continued to rise. Los Altos Hills homes have become some of the most sought-after in the Valley, attracting those who seek retreat without sacrificing access to opportunity.
2000
-
SFH Average Sales Price: $3,324,586
2025 YTD
-
SFH Average Sales Price: $6,518,245 (+96.1%)
Palo Alto Real Estate: Tech Central With Lasting Demand
Palo Alto homes are always in demand thanks to their central location in Silicon Valley, access to Stanford University, and strong public schools. The city has seen immense appreciation, with tech industry growth and limited housing supply driving up prices. It's a hub for innovation and remains a magnet for global talent. Homeowners here benefit from a resilient market, even during fluctuations, and investment in infrastructure continues to support future growth.
2000
-
SFH Average Sales Price: $1,116,910
-
Condo/Townhome Average Sales Price: $562,959
2025 YTD
-
SFH Average Sales Price: $4,683,022 (+319.2%)
-
Condo/Townhome Average Sales Price: $1,480,989 (+163.0%)
Mountain View Real Estate: Blending Innovation and Neighborhood Charm
Mountain View homes benefit from being close to Google headquarters and having a walkable downtown. Over the past 25 years, the city has grown in both price and popularity, offering a great mix of community life and employment opportunities. Continued investment in parks, transportation, and schools has made it a top choice for buyers. With a vibrant tech scene and a strong rental market, Mountain View real estate remains a key asset for homeowners and investors alike.
2000
-
SFH Average Sales Price: $727,632
-
Condo/Townhome Average Sales Price: $435,589
2025 YTD
-
SFH Average Sales Price: $2,891,765 (+297.3%)
-
Condo/Townhome Average Sales Price: $1,364,611 (+213.2%)
Sunnyvale Real Estate: Smart Growth in the Heart of Tech
Sunnyvale homes have gained value consistently, thanks to ongoing investment in infrastructure and the presence of tech giants. Its mix of single-family homes and condo developments make it appealing to a wide range of buyers. The city’s growth has been supported by job creation, school quality, and easy freeway access. New downtown developments and revitalized neighborhoods have made Sunnyvale homes even more attractive in today’s competitive market.
2000
-
SFH Average Sales Price: $621,915
-
Condo/Townhome Average Sales Price: $405,128
2025 YTD
-
SFH Average Sales Price: $2,673,048 (+329.7%)
-
Condo/Townhome Average Sales Price: $1,348,820 (+233.0%)
Woodside Real Estate: Country Living in Silicon Valley
Woodside homes are known for their spacious lots, natural surroundings, and luxury appeal. With a rural atmosphere and convenient access to venture capital hubs, this area continues to attract affluent buyers. The preservation of open space and equestrian culture contributes to its unique charm. Over the years, Woodside has maintained its rustic beauty while remaining one of the most desirable luxury markets in Northern California.
2000
-
SFH Average Sales Price: $2,311,674
2025 YTD
-
SFH Average Sales Price: $5,216,745 (+125.7%)
Atherton Real Estate: The Pinnacle of Peninsula Living
Atherton homes are synonymous with prestige. With some of the largest estates in the Bay Area, its appeal remains strong due to privacy, proximity to top private schools, and short commutes to major business centers. It consistently ranks among the most expensive zip codes in the U.S. Recent redevelopment and high-end architectural design have only added to the allure of Atherton homes, which remain in constant demand.
2000
-
SFH Average Sales Price: $3,970,805
2025 YTD
-
SFH Average Sales Price: $10,862,957 (+173.5%)
Menlo Park Real Estate: Balanced and Convenient
Menlo Park homes offer suburban tranquility combined with great access to Meta and Stanford. Its consistent growth comes from strong schools and a vibrant community feel. Downtown Menlo Park continues to evolve, with new restaurants, boutiques, and residential developments enhancing livability. With major employers and a well-rounded housing stock, Menlo Park remains one of the best places to live on the Peninsula.
2000
-
SFH Average Sales Price: $1,132,405
-
Condo/Townhome Average Sales Price: $770,516
2025 YTD
-
SFH Average Sales Price: $3,819,570 (+237.3%)
-
Condo/Townhome Average Sales Price: $1,658,652 (+115.2%)
Reflecting on a Quarter Century of Growth
These numbers are more than statistics, they represent the evolution of our region and the resilience of Silicon Valley real estate. While markets fluctuate, long-term trends have shown remarkable strength across the Peninsula.
We use this data every day to guide our clients. Whether you're planning your next move, evaluating your home's worth, or investing for the future, we are here with experience, insight, and results that go back 25 years.
Reach out if you’d like to discuss your real estate goals or get a personalized market update. We’re always happy to help.
Are you looking for a top Los Altos, Los Altos Hills, or Atherton realtor at The Agency? Follow Kiersten Ligeti and Patricia Karoubi Team luxury realtors for an exclusive look at Los Altos, Los Altos Hills, Atherton properties and more.
Kiersten Ligeti | 650.766.8319 | LIC. #01298631
Patricia Karoubi | 650.868.4565 | LIC. #01396914
The Agency Los Altos
