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Market Pulse

Portola Valley market insights

A local market update for Single Family Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPPortola ValleySingle-family homes · May 2026Portola Valley held steady in May: thekey market signals were mixed.Median sale price$3.26M-25.9% vs AprTime to pending18d7 days slower vs AprSold over asking60%+10 pts vs AprActive listings9-10.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGPortola ValleySingle-family homes · May 2026Most Portola Valley SFHs are stillselling over asking (60%). Price toinvite competition.99.9%average sale price vs. asking priceSold over asking60%vs. a year ago-7 pts101.6%98.1%94.6%Sold at asking price99.9%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPPortola ValleySingle-family homes · May 2026Portola Valley SFHs are selling right atasking price, on average.-$2.23Mmedian sale price minus asking priceMedian asking price$5.5MMedian sale price$3.26M$30M$19M$8.9MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEPortola ValleySingle-family homes · May 2026Portola Valley SFH values dipped -59.2%from a year ago.$3.26Mmedian sale priceYear over year-59.2%Homes sold last month5$7.09M$5.51M$3.93M$3.26MMar 2019Oct 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLPortola ValleySingle-family homes · May 2026The typical Portola Valley SFH goespending in 18 days, 4 days slower thanlast year.18 daysmedian time to pendingGone within two weeks40%vs. a year ago4 days slower320d214d107d18dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSPortola ValleySingle-family homes · May 2026Portola Valley inventory is down 47.1%year over year, keeping buyer choicetight.9active listingsYear over year-47.1%Months of supply1.8191369Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Buying or selling in Portola Valley?

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Price cuts

PRICE CUTSPortola ValleySingle-family homes · May 2026Price cuts are rare in Portola Valley:just 11% of listings reduced theirasking price, down 12 pts from a year…11%of active listings cut their asking pricevs. a year ago-12 ptsActive listings947%32%17%11%Jun 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETPortola ValleySingle-family homes · May 2026Portola Valley moves at two speeds: 40%of SFHs were gone inside two weeks whilethe rest sat longer.40%of listings went pending within two weeksMedian time to pending18 daysvs. a year ago+23 pts46%28%10%Half of listings40%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYPortola ValleySingle-family homes · May 2026September is historically PortolaValley's calmest month for buyers: 6.5pts less over-asking than April.Septemberhistorically the calmest month for buyersBuyer's edge vs April-6.5 ptsYears of Redfin data10+Yearly averageJFMAMJJASOND-3.3 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEPortola ValleySingle-family homes · May 2026Portola Valley SFH values are up +16%over the past 10 years.+16%median sale price growth since 2016Median price in 2016$2.82MAverage gain per year+1.5%$5.38M$4.12M$2.86M$3.26MJan 2016Feb 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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