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| Homes for Sale | Oct '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes for Sale | 232 |
2.1%
|
15.4%
|
| For Sale by Owner | 4 | 0% |
33.3%
|
| Median List Price | $1,398K |
0.3%
|
0.3%
|
| Median List $/SqFt. | $770 |
2.3%
|
3.1%
|
| Homes Sold | Oct '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes Sold | 75 |
7.1%
|
56.2%
|
| Median Sold Price | $1,285K |
21.4%
|
16.8%
|
| Median Sold $/SqFt. | $720 |
11.6%
|
8.1%
|
| % Sale to List | 99.9% |
0.2%
|
1.3%
|
New! See trends in days, not months
By the tenth of every month, Redfin publishes new charts and tables with the latest data on just-completed sales.
See how Redfin calculates metrics about listings & recently sold homes.
Should I Wait for a Price Reduction?
How should I use this?
Gray bars show homes that went off market with no price reductions.
Blue bars indicate one or more reductions.
Learn more about this data.
| Price Reductions |
House
|
Condo
|
Both
|
| Days on Redfin | 37 | 70 | 43 |
| % Homes with Reductions | 38.6% | 45.8% | 40.1% |
| # Of Reductions | 1 | 1 | 1 |
| Total % Reduction | 6.7% | 6.3% | 6.4% |
Based on homes sold or taken off the market between
Aug 25 and Nov 23.
Learn more about this data.
Cities Near Palo Alto
| Nearby City | Median List $ | $/Sq. Ft. | % Sale to List |
| Palo Alto | $1,565K | $796 | 99.8% |
| Los Altos Hills | $3,474K | $878 | 93.8% |
| Stanford | $1,149K | $595 | - |
| Los Altos | $1,650K | $675 | 97.3% |
| Mountain View | $769K | $518 | 98.6% |
| Portola Valley | $3,772K | $982 | - |
| West Menlo Park | $1,699K | $684 | 96.1% |
| Menlo Park | $1,259K | $684 | 97.0% |
| East Palo Alto | $330K | $288 | 98.1% |
Sites Linking to Palo Alto
palo alto, median household income | SF Bay Area Home Price and Mortgage Insanity Blog - Burbed.com
...it’s risk free) of your income on housing, that means that a median Palo Alto family can afford a $1.5 million dollar house. And wouldn’t you know it? That’s just about the same as the median listing price according to Redfin. Question closed.
Added
November 12, 2009
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Palo Alto Schools
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