Palo Alto Market Trends


Median Sales Price in Palo Alto

 

1 yr 5 yr Max
Palo Alto median sales prices
Number of sold homes in Palo Alto
No. Bedrooms Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $1,380,000 +9.0% $1,412,500 $1,266,000 $845,000
3 bedrooms $1,893,000 +19.2% $1,920,000 $1,588,000 $976,500
4 bedrooms $2,400,000 +4.3% $2,420,000 $2,300,000 $1,310,000
All properties $1,825,000 +10.6% $2,156,750 $1,650,000 $1,090,000
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Summary for Palo Alto


The median sales price for homes in Palo Alto CA for Jul 14 to Oct 14 was $1,825,000. This represents a decline of 15.4%, or $331,750, compared to the prior quarter and an increase of 10.6% compared to the prior year. Sales prices have appreciated 67.4% over the last 5 years in Palo Alto. The average listing price for Palo Alto homes for sale on Trulia was $3,694,047 for the week ending Oct 22, which represents an increase of 8.4%, or $287,712, compared to the prior week and an increase of 8%, or $274,919, compared to the week ending Oct 01. Average price per square foot for Palo Alto CA was $1,331, an increase of 21.6% compared to the same period last year. Popular neighborhoods in Palo Alto include Downtown North, Old Palo Alto, Midtown, Crescent Park, University South, and Community Center.

Average Listing Price in Palo Alto

 

Palo Alto average property price
Palo Alto – number of properties
No. Bedrooms Week ending
Oct 22
w-o-w Week ending
Oct 15
Week ending
Oct 8
Week ending
Oct 1
1 bedroom - - - - -
2 bedrooms $1,168,486 -2.5% $1,197,990 $1,207,321 $1,391,986
3 bedrooms $2,002,143 +2.8% $1,947,083 $1,961,818 $1,894,600
4 bedrooms $2,731,429 -6.1% $2,909,200 $2,797,944 $2,853,738
All properties $3,694,047 +8.4% $3,406,335 $3,430,475 $3,419,128
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Average Price Per Sqft. for Homes in Palo Alto

 

1 yr 5 yr Max
Palo Alto average price per square foot
No. Bedrooms Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $1,399 +31.6% $1,437 $1,063 $772
3 bedrooms $1,395 +20.1% $1,303 $1,162 $666
4 bedrooms $1,281 +15.9% $1,171 $1,105 $580
All properties $1,331 +21.6% $1,256 $1,095 $632
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Popular Neighborhoods in Palo Alto


Neighborhoods Week ending
Oct 22
w-o-w Week ending
Oct 15
Week ending
Oct 8
Downtown North 1 +2 3 4
Old Palo Alto 2 2 1
Midtown 3 -2 1 2
Crescent Park 4 4 3
University South 5 +2 7 12
Community Center 6 -1 5 7
Homes for Sale in Palo Alto
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