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Midtown Real Estate Overview

Today, December 17, 2009

Avg. Listing Price $1,144,065 Wk ending Dec 08

+$106,927
+10.3%
w-o-w

Median Sales Price $1,050,000 Sep '09 - Nov '09

-$30,000
-2.8%
y-o-y

12	Homes For Sale	1	Open Homes
30	Recently Sold	4	Foreclosures

Average Listing Price

$1,144,065

+10.3%

w-o-w

Median Sales Price

$1,050,000

-2.8%

y-o-y

Average price/sqft

$599

-14.7%

y-o-y

Number of Sales

+88.9%

y-o-y

More Midtown Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Dec 8

w-o-w

Midtown

$1,144,065

+10.3%

Old Palo Alto

$4,364,858

-5.0%

University South

$1,516,442

+1.5%

Crescent Park

$2,933,388

+6.9%

Charleston Meadow

$1,143,250

+6.6%

Movers & Shakers

Avg. listing price
Week ending Dec 8

w-o-w

Ventura

$877,381

-56.7%

Community Center

$2,064,875

-37.4%

Professorville

$1,706,250

-12.5%

Midtown

$1,144,065

+10.3%

Crescent Park

$2,933,388

+6.9%

View Palo Alto Home Prices Map

The median sales price for homes in Midtown, Palo Alto for Sep 09 to Nov 09 was $1,050,000 based on 17 sales. Compared to the same period one year ago, the median sales price decreased 2.8%, or $30,000, and the number of sales increased 88.9%. Average price per square foot for Midtown was $599, a decrease of 14.7% compared to the same period last year.

There are currently 12 resale and new homes in Palo Alto on Trulia, including 1 open house, as well as 4 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Midtown was $1,144,065 for the week ending Dec 08, which represents an increase of 10.3%, or $106,927, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Ravenswood City Elementary School District

Public

K - 8

5,490

Palo Alto Unified School District

Public

K - 12

12,450

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

El Carmelo Elementary School

Public

K - 5

Ohlone Elementary School

Public

K - 5

Palo Verde Elementary School

Public

K - 5

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Palo Alto Schools

2876 Louis…

$899,000

3 br 1 ba

885 Clara…

$2,850,000

5 br 4 ba

759 Loma V…

$849,000

3 br 3 ba

2430 Ross…

$1,628,800

5 br 4 ½ ba

2462 West Bayshore Road #1, Palo Alto CA

2462 W Bay…

$479,000

2 br 1 ba

2526 Webst…

$1,495,000

3 br 2 ba

View all Midtown Homes for Sale

Neighborhoods

Median
sales price

Average
listing price

St. Claire Gardens

$1,420,000

$1,473,500

Palo Verde

$1,210,000

$1,441,666

Old Palo Alto

$2,000,000

$4,364,858

Ventura

$883,000

$877,381

Evergreen Park

$542,754

$1,121,969

Duveneck/St. Francis

$1,449,000

$1,797,893

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Midtown Real Estate Overview

Market View for Midtown

Market Trends for Midtown

Home Prices for Palo Alto

Midtown Summary

Schools in Palo Alto

Community Info for Palo Alto

Homes for Sale in Midtown

Recent Q&A in Palo Alto, CA

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Nearby Neighborhoods Real Estate

Nearby Neighborhoods Sold Homes

Nearby Neighborhoods Home Prices

Midtown Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close