Atherton real Estate market trends show a drop in price per sq. ft. since March. However, with only 8 closed sales reported so far for the first quarter, variability in the average will be high. The average sales price was about 5% below asking price for both the 4th qtr 2016 and so far for the 1st qtr 2017 which is a little lower than typical.
Juliana Lee - Silicon Valley Homes For Sale - KW Palo Alto Real Estate Office

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