Chris Iverson's Market Report

Palo Alto, CA

Single-Family Homes

Golden Gate Sotheby's International Realty | License 01708130



Palo Alto, CA

Mon Sep 21 2020
This week the median list price for Palo Alto, CA is $4,888,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has held steady at or around 69. Click here to stay informed with the Palo Alto market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Palo Alto, CA

Mon Sep 21 2020
This week the median list price for Palo Alto, CA is $4,888,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has held steady at or around 69. Click here to stay informed with the Palo Alto market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Palo Alto market.
Median List Price $4,888,000
Per Square Foot $1,664
Days on Market 113
Price Decreased 39%
Price Increased 1%
Relisted 13%
Inventory 69
Median Rent $5,300
Most Expensive $18,500,000
Least Expensive $1,798,000
Market Action 42
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.