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Avg. listing price
Week ending Jul 1
Week ending Jul 1
w-o-w
Movers & Shakers
Avg. listing price
Week ending Jul 1
Week ending Jul 1
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Palo Alto Real Estate Overview
Today, July 12, 2009
Market View for Palo Alto
Avg. Listing Price
$1,858,427
Wk ending Jul 01
+$25,728
+1.4%
w-o-w
+1.4%
w-o-w
Median Sales Price
$1,038,000
Apr '09 - Jun '09
+$102,250
+10.9%
y-o-y
+10.9%
y-o-y
w-o-w
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Palo Alto Summary
Average price per square foot for Palo Alto CA was $652, a decrease of 17.6% compared to the same period last year. The median sales price for homes in Palo Alto CA for Apr 09 to Jun 09 was $1,038,000 based on 27 home sales. Compared to the same period one year ago, the median home sales price increased 10.9%, or $102,250, and the number of home sales decreased 71.3%.
There are currently 191 resale and new homes in Palo Alto on Trulia, including 39 open houses, as well as 48 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Palo Alto CA was $1,858,427 for the week ending Jul 01, which represents an increase of 1.4%, or $25,728, compared to the prior week. Popular neighborhoods in Palo Alto include Midtown and Downtown North, with average listing prices of $1,229,948 and $1,279,486.
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Palo Alto real estate—use Trulia to find real estate in Palo Alto as well real estate in other cities in California. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Palo Alto real estate trends, market activity, and neighborhood information. Before buying a house in Palo Alto, research real estate on Trulia. Understanding the Palo Alto real estate market is your first step to buying a home in Palo Alto, California. Our real estate guide gives your a valuable overview of the Palo Alto real estate market—find Palo Alto properties, sales statistics, real estate price trends, real estate market activity, comparisons of Palo Alto schools or California schools, and general demographic information for Palo Alto, CA. Trulia's real estate guide combines a Palo Alto map with a detailed list of Palo Alto neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Palo Alto.
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