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 Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $750,000 +50.3% $1,040,250 $499,000 $420,000
2 bedrooms $1,387,500 +35.9% $1,225,000 $1,020,875 $665,000
3 bedrooms $1,675,000 +0.3% $1,628,000 $1,669,750 $947,500
4 bedrooms $2,181,500 -0.4% $2,000,000 $2,190,000 $1,240,000
All properties $1,650,000 -1.3% $1,745,625 $1,672,375 $950,000
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Summary for Palo Alto


The median sales price for homes in Palo Alto CA for Jan 14 to Apr 14 was $1,650,000. This represents a decline of 5.5%, or $95,625, compared to the prior quarter and a decrease of 1.3% compared to the prior year. Sales prices have appreciated 73.7% over the last 5 years in Palo Alto. The average listing price for Palo Alto homes for sale on Trulia was $3,554,033 for the week ending Apr 09, which represents an increase of 4%, or $137,388, compared to the prior week and an increase of 1.9%, or $66,966, compared to the week ending Mar 19. Average price per square foot for Palo Alto CA was $1,146, an increase of 14.4% compared to the same period last year. Popular neighborhoods in Palo Alto include Old Palo Alto, Midtown, Crescent Park, Greenmeadow, Ventura, and Charleston Meadow.

Average Listing Price in Palo Alto

 

Palo Alto average property price
Palo Alto – number of properties
No. Bedrooms Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Week ending
Mar 19
1 bedroom - - - - -
2 bedrooms $1,156,667 -4.3% $1,208,700 $1,283,900 $1,400,736
3 bedrooms $1,874,150 +9.7% $1,707,841 $1,760,995 $1,649,778
4 bedrooms $2,235,889 -22.8% $2,897,714 $2,927,692 $2,920,455
All properties $3,554,033 +4.0% $3,416,645 $3,452,813 $3,487,067
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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 Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $1,172 +78.9% $1,195 $655 $474
2 bedrooms $1,231 +40.8% $997 $874 $655
3 bedrooms $1,145 +3.6% $1,264 $1,105 $581
4 bedrooms $1,048 +8.4% $1,051 $967 $627
All properties $1,146 +14.4% $1,139 $1,002 $603
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Popular Neighborhoods in Palo Alto


Neighborhoods Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Old Palo Alto 1 1 2
Midtown 2 +1 3 8
Crescent Park 3 -1 2 1
Greenmeadow 4 +1 5 4
Ventura 5 +4 9 6
Charleston Meadow 6 6 9
Homes for Sale in Palo Alto
View all Palo Alto Homes for Sale