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 Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $606,250 +8.1% $735,000 $560,750 $168,750
2 bedrooms $1,375,000 +20.5% $1,365,000 $1,141,500 $650,000
3 bedrooms $1,972,500 +16.4% $1,675,000 $1,695,000 $917,500
4 bedrooms $2,420,000 +12.6% $2,780,000 $2,150,000 $1,380,000
All properties $2,148,750 +26.0% $1,760,000 $1,705,000 $970,000
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Summary for Palo Alto


The median sales price for homes in Palo Alto CA for Apr 14 to Jul 14 was $2,148,750. This represents an increase of 22.1%, or $388,750, compared to the prior quarter and an increase of 26% compared to the prior year. Sales prices have appreciated 121.5% over the last 5 years in Palo Alto. The average listing price for Palo Alto homes for sale on Trulia was $4,060,981 for the week ending Jul 16, which represents an increase of 5.9%, or $225,908, compared to the prior week and an increase of 9.7%, or $359,665, compared to the week ending Jun 25. Average price per square foot for Palo Alto CA was $1,274, an increase of 18% compared to the same period last year. Popular neighborhoods in Palo Alto include Downtown North, Crescent Park, Midtown, Old Palo Alto, Evergreen Park, and University South.

Average Listing Price in Palo Alto

 

Palo Alto average property price
Palo Alto – number of properties
No. Bedrooms Week ending
Jul 16
w-o-w Week ending
Jul 9
Week ending
Jul 2
Week ending
Jun 25
1 bedroom - - - - -
2 bedrooms $1,078,167 -1.4% $1,093,000 $1,069,875 $1,112,991
3 bedrooms $3,583,125 +30.0% $2,757,222 $2,450,083 $2,543,176
4 bedrooms $2,963,995 +3.4% $2,866,256 $2,928,468 $2,955,431
All properties $4,060,981 +5.9% $3,835,073 $3,594,781 $3,701,316
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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 Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $754 +7.9% $1,118 $699 $279
2 bedrooms $1,481 +36.0% $1,377 $1,089 $545
3 bedrooms $1,290 +17.1% $1,177 $1,102 $619
4 bedrooms $1,241 +14.1% $1,489 $1,088 $671
All properties $1,274 +18.0% $1,349 $1,080 $601
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Popular Neighborhoods in Palo Alto


Neighborhoods Week ending
Jul 16
w-o-w Week ending
Jul 9
Week ending
Jul 2
Downtown North 1 1 2
Crescent Park 2 +1 3 3
Midtown 3 -1 2 1
Old Palo Alto 4 +1 5 6
Evergreen Park 5 +11 16 17
University South 6 +5 11 4
Homes for Sale in Palo Alto
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