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Week ending Nov 18
Week ending Nov 18
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Palo Alto, 94303 Real Estate Overview
Today, November 24, 2009
Market View for 94303
Avg. Listing Price
$804,108
Wk ending Nov 18
+$33,020
+4.3%
w-o-w
+4.3%
w-o-w
Median Sales Price
$255,000
Aug '09 - Oct '09
-$65,000
-20.3%
y-o-y
-20.3%
y-o-y
Palo Alto, 94303 Summary
The median sales price for homes in ZIP code 94303 in Palo Alto from Aug 09 to Oct 09 was $255,000 based on 89 sales. Compared to the same period one year ago, the median sales price decreased 20.3%, or $65,000, and the number of sales decreased 41.1%. Average price per square foot for homes in 94303 was $328, a decrease of 2.1% compared to the same period last year.
There are currently 63 resale and new homes in ZIP code 94303 on Trulia, including 2 open houses, as well as 322 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 94303 was $804,108 for the week ending Nov 18, which represents an increase of 4.3%, or $33,020, compared to the prior week. Popular ZIP codes in Palo Alto include 94306 and 94301, with average listing prices of $1,379,496 and $2,658,170.
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