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| Homes for Sale | Sep '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes for Sale | 219 |
6.8%
|
31.1%
|
| For Sale by Owner | 4 | 0% |
60%
|
| Median List Price | $1,350K | 0% |
0.1%
|
| Median List $/SqFt. | $727 |
1.3%
|
4.5%
|
| Homes Sold | Jul '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes Sold | 67 |
18.3%
|
30.9%
|
| Median Sold Price | $1,200K |
2.4%
|
7%
|
| Median Sold $/SqFt. | $764 |
4.9%
|
9.8%
|
| % Sale to List | 98.8% |
1.8%
|
2%
|
Stay Tuned for New Sold Data
We're in the process of updating our sold home data so we can show you the homes that sold last week, not two months ago.
Learn how Redfin calculates homes for sale data & homes sold data.
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 | 32 | 50 | 35 |
| % Homes with Reductions | 31.9% | 37.5% | 32.9% |
| # Of Reductions | 1 | 1 | 1 |
| Total % Reduction | 6.2% | 5.6% | 6.2% |
Based on homes sold or taken off the market between
Jul 28 and Oct 26.
Learn more about this data.
Cities Near Palo Alto
| Nearby City | Median List $ | $/Sq. Ft. | % Sale to List |
| Palo Alto | $1,399K | $733 | 98.7% |
| Los Altos Hills | $3,242K | $790 | - |
| Stanford | $1,200K | $624 | - |
| Los Altos | $1,535K | $665 | 98.5% |
| Mountain View | $780K | $513 | 97.7% |
| Portola Valley | $2,595K | $829 | - |
| West Menlo Park | $1,424K | $680 | - |
| Menlo Park | $1,254K | $678 | - |
| East Palo Alto | $284K | $248 | 100.6% |
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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