Intero's Market Report

East Palo Alto, CA

Single-Family Homes



East Palo Alto, CA

Wed Feb 21 2024
This week the median list price for East Palo Alto, CA is $994,000 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has increased to 10. Click here to stay informed with the East Palo Alto market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

East Palo Alto, CA

Wed Feb 21 2024
This week the median list price for East Palo Alto, CA is $994,000 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has increased to 10. Click here to stay informed with the East Palo Alto market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the East Palo Alto market.
Median List Price $994,000
Median Price of New Listings $1,059,000
Per Square Foot $802
Average Days on Market 95
Median Days on Market 18
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 48
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

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

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,450,000 9,710 0.25 - 0.5 acre 15 15.5 110 0 1 353
$1,214,500 1,199 4,500 - 6,500 sqft 3 1.5 69 0 0 10
$929,000 1,010 4,500 - 6,500 sqft 3 1 72 1 2 21
$599,000 795 0 - 4,500 sqft 2 2 31 0 0 7