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Which Bay Area Cities Have the Most Teardown & New-Construction Activity?

By AddressIntel ResearchJune 2026 dataMarket Ranking

As of AddressIntel's June 2026 read, the most active Bay Area cities for combined teardown (demolition) and new-construction permits were San Mateo, Atherton, Menlo Park. San Mateo led overall with 0 demolition and 11 new-construction permits this cycle. Across the 23 tracked Silicon Valley cities (SF Peninsula and South Bay), builders pulled 5 demolition and 38 new-construction permits.

How We Measure It

AddressIntel scrapes municipal building departments across Silicon Valley every day. For each city we count two leading indicators of redevelopment: demolition permits (the teardown signal) and new-construction permits (the build signal). A city’s activity scoreis simply the sum of those two counts for the cycle, and the ranking below is ordered by that score. It is a measure of where developers are actually pulling permits — not asking prices or listing counts.

Bay Area City Ranking — June 2026

#CityDemolitionNew-buildActivityMedian price
1San Mateo01111$1,684,000
2Atherton01010$9,980,000
3Menlo Park088$3,424,000
4Palo Alto066$2,998,000
5Cupertino314$2,884,000
6Hillsborough123$6,939,000
7Half Moon Bay101$0
8Burlingame000$2,885,000
9Sunnyvale000$1,948,000
10Los Altos000$4,494,000
11Belmont000$2,099,000
12San Carlos000$2,298,000
13Santa Clara000$1,684,494
14Redwood City000$2,323,500
15Mountain View000$1,839,000
16Campbell000$1,998,000
17Saratoga000$4,439,523
18San Jose000$1,580,000
19Los Gatos000$2,883,000
20East Palo Alto000$1,049,000
21Los Altos Hills000$8,119,000
22Woodside000$4,096,500
23Portola Valley000$0

Source: AddressIntel municipal permit ingestion, June 2026. “Activity” is the combined count of demolition and new-construction permits for the cycle. Permit counts move month to month; this page reflects the most recently published edition.

What the Ranking Tells Developers

High new-construction counts in cities like San Mateo and Athertonsignal markets where builders are already winning entitlements and dirt is trading for redevelopment — useful both for sourcing comparable spec-build exits and for gauging competition. Demolition-heavy cities flag where the teardown cycle is earliest, which often precedes a wave of new-construction filings a few months out. To turn this into deals, pair the ranking with our teardown ROI model and the live deal screener.

Frequently Asked Questions

Which Bay Area cities have the most teardown and new-construction activity?

As of AddressIntel's June 2026 edition, the Bay Area cities with the most combined teardown and new-construction permit activity were San Mateo, Atherton, Menlo Park — led by San Mateo (0 demolition + 11 new-construction permits this cycle). AddressIntel tracks demolition and new-construction permits across 23 Silicon Valley cities (SF Peninsula and South Bay) and publishes the full ranking free, updated monthly.

How does AddressIntel measure teardown and new-construction activity?

AddressIntel scrapes municipal building departments daily and counts demolition permits (the teardown signal) and new-construction permits per city. Each city gets an activity score equal to its combined demolition + new-construction permit count for the cycle, and cities are ranked by that score.

How often is the Bay Area city ranking updated?

The ranking is regenerated monthly from the latest municipal permit data as part of AddressIntel’s Silicon Valley Developer Market Opportunities Report. This page always reflects the most recent published edition.

See the Full Monthly Report

The complete city ranking, recent land-buy comps, and the month’s top ranked teardown and spec-build opportunities — with developer-ROI math — live in the AddressIntel Silicon Valley Developer Market Opportunities Report.