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Arn Cenedella's Blog

By Arn Cenedella | Agent in Menlo Park, CA

What price ranges in Palo Alto are most competitive?


What segment of the Palo Alto real estate market is the strongest at the present time?

I have broken down the Palo Alto market into four quartiles of price ranges.

The median price for the highest quartile (1st) price range in Palo Alto is $3.1M.
The median price for the next highest quartile (2nd) price range in Palo Alto is $1.9M.
The median price for the next highest quartile (3rd) price range in Palo Alto is $1.4M..
The median price for the lowest quartile (4th) price range in Palo Alto is $1.1M.

Below you will find chart showing market action index for each quartile.
30 is considered a balanced market.
Above 30 is a sellers' market.
Below 30 is a buyers' market.



One can see the very highest price range in Palo Alto (over $3M) is the weakest portion of the market.

The three lower price ranges show similar levels of strenght.

Palo Alto market is still a buyers' market but is trending towards a balanced market.

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