DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
Data through Sep 2026 · Part of the Portola Valley housing market
ZIP 94028 is shifting toward buyers. Here's where things stand:
Based on 20 homes sold in the 3 months ending September 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.
Data through September 2026
See how prices, monthly costs, and mortgage rates have moved in 94028, Portola Valley.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
ZIP 94028 currently leans toward buyers. Homes are sitting longer and sellers are more open to negotiation. It is a good time to take your time, request contingencies, and consider offering below asking.
At $5.45M, ZIP 94028's median is roughly 3 times the Bay Area median of $1.77M. ZIP 94028 sits at the very top of the regional market.
Within Portola Valley, this area trades about 11% below the city-wide median of $6.11M.
ZIP 94028 currently leans toward buyers:
Buyer strategy: a well-structured offer near or below list price has a good chance of success.
At $5.45M with 20% down at 7.4%, the monthly cost breakdown:
Most buyers at this tier pay a meaningful share in cash, which reduces monthly carrying costs.
→“Mel did an amazing job helping us buy our first home. When we first met her, we had done literally zero of the steps needed to buy a house, and 28 days later we closed.”
“I work in commercial real estate with many different agents and I can proudly say that Mel is above the rest.”
“Working with Mel was the best decision I made in my home-buying journey. She was incredibly patient, taking the time to explain every detail of the process to me.”
“Mel did an incredible job helping me find and purchase my first home! She was very responsive, professional, and knowledgeable.”
“Working with Mel was a fantastic experience from start to finish. We were immediately impressed by her active listening and her ability to translate our needs.”
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