Palo Verde is a neighborhood located in Palo Alto, California.
A person would feel very secure walking around Palo Verde, which has a lower-than-average crime rate. This vicinity really values the environment and is aiming to reduce its carbon footprint, so residents ride bicycles to and from work whenever they can.
Occupants in Palo Verde tend to stick around a long time, and quite a few have lived their whole lives here. There's something about this location that seems to attract college graduates so you'll find that a fair number of your neighbors hold a degree. With the amount of families and married people in Palo Verde not only is the area quiet but it's also kid-friendly and safe. Government censuses show that those in this area have relatively large incomes.
Last year in Palo Verde, the average listing price was $2,058,500, and increased 4.6 percent to $2,153,500 this year. But, buyers starting their searches should be aware of declining inventory in this vicinity. The number of homes for sale decreased 33.3 percent year-over-year, with 3 homes for sale in last year and 2 homes for sale in this year.