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 Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $1,248,000 +0.6% $1,574,875 $1,240,000 $793,750
3 bedrooms $1,947,500 +22.6% $1,857,875 $1,588,000 $950,000
4 bedrooms $2,459,875 +4.7% $2,200,000 $2,350,000 $1,370,000
All properties $1,935,000 +19.6% $2,000,000 $1,617,500 $1,025,000
Want to know more about in Palo Alto? Ask local experts

Summary for Palo Alto


The median sales price for homes in Palo Alto CA for Jun 14 to Sep 14 was $1,935,000. This represents a decline of 3.2%, or $65,000, compared to the prior quarter and an increase of 19.6% compared to the prior year. Sales prices have appreciated 88.8% over the last 5 years in Palo Alto. The average listing price for Palo Alto homes for sale on Trulia was $3,904,699 for the week ending Sep 10, which represents a decline of 4.4%, or $180,509, compared to the prior week and an increase of 13%, or $449,871, compared to the week ending Aug 20. Average price per square foot for Palo Alto CA was $1,288, an increase of 19.8% compared to the same period last year. Popular neighborhoods in Palo Alto include Midtown, Crescent Park, Old Palo Alto, University South, Leland Manor, and Fairmeadow.

Average Listing Price in Palo Alto

 

Palo Alto average property price
Palo Alto – number of properties
No. Bedrooms Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Week ending
Aug 20
1 bedroom - - - - -
2 bedrooms $1,793,648 +18.1% $1,518,178 $1,587,413 $1,346,222
3 bedrooms $2,541,000 -11.4% $2,869,000 $2,464,778 $2,066,556
4 bedrooms $3,076,000 +5.3% $2,920,706 $2,789,907 $2,749,206
All properties $3,904,699 -4.4% $4,085,208 $3,983,850 $3,454,828
Want to know more about in Palo Alto? Ask local experts

Average Price Per Sqft. for Homes in Palo Alto

 

1 yr 5 yr Max
Palo Alto average price per square foot
No. Bedrooms Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $1,234 +9.6% $1,393 $1,126 $730
3 bedrooms $1,489 +33.7% $1,256 $1,114 $680
4 bedrooms $1,249 +13.5% $1,282 $1,100 $601
All properties $1,288 +19.8% $1,268 $1,075 $642
Want to know more about in Palo Alto? Ask local experts

Popular Neighborhoods in Palo Alto


Neighborhoods Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Midtown 1 +1 2 1
Crescent Park 2 -1 1 3
Old Palo Alto 3 3 2
University South 4 4 4
Leland Manor 5 +6 11 12
Fairmeadow 6 +13 19 17
Homes for Sale in Palo Alto
View all Palo Alto Homes for Sale