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Palo Alto Home Values and Market Report

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Livingbythefoothills.com
Report prepared by Livingbythefoothills.com Gilbert Garcia
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Market at a glance

Over the last 12 months, homes sold for 104.0% of list price in 23 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $3.64M Sold · $3.93M
$5.3M$4.4M$3.5M$2.6M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 35 sales in May. Last month: 34.

Where the market stands

All homes in this report, by status.

408homes
Active78 · 19%
Under contract32 · 8%
Sold (12 mo)298 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$4.92M
Under contract$3.97M
Sold$3.85M

Average days on market

Active72 days
Under contract135 days
Sold23 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 78
Average list price $4,924,534
Avg. days on market 72 days
Avg. price per ft² $1,777 Based on 65 of 78 homes
Avg. living area 2,507 ft² Based on 65 of 78 homes
Avg. beds / baths 3.7 / 3.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

13 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$15M$10M$5M$0

Price vs. living area: 64 homes plotted, up to $15M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

21 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

340 Palo Alto Avenue$5,625
543 Tennyson Avenue$3,281
2211 Park Boulevard$3,106
1411 Arcadia Place$2,759
3543 Park Boulevard$2,585
1770 Fulton Street$2,567
644 Georgia Avenue$2,554

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
543 Tennyson AvenuePalo Alto, CA 94301 675,756$18,888,000$3,28111 days
4115 El Camino RealPalo Alto, CA 94306 ———$18,000,000—109 days
755 University AvenuePalo Alto, CA 94301 655,969$13,200,000$2,2112 days
1411 Arcadia PlacePalo Alto, CA 94303 554,529$12,500,000$2,75911 days
640 Waverley StreetPalo Alto, CA 94301 7710,603$12,500,000$1,17876 days
640 Waverley StreetPalo Alto, CA 94301 ———$12,500,000—133 days
640 Waverley StreetPalo Alto, CA 94301 ———$12,500,000—156 days
837 Cowper StreetPalo Alto, CA 94301 ———$11,000,000—66 days
837 Cowper StreetPalo Alto, CA 94301 ——12,830$11,000,000$85780 days
618 Tennyson AvenuePalo Alto, CA 94301 574,419$10,888,000$2,46393 days
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.