Intero's Market Report

Palo Alto, CA

Single-Family Homes



Palo Alto, CA

Fri Apr 23 2021
This week the median list price for Palo Alto, CA is $4,890,000 with the market action index hovering around 54. This is an increase over last month's market action index of 48. Inventory has held steady at or around 46. 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.

Strong Seller's Market

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

Fri Apr 23 2021
This week the median list price for Palo Alto, CA is $4,890,000 with the market action index hovering around 54. This is an increase over last month's market action index of 48. Inventory has held steady at or around 46. 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.

Strong Seller's Market

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 $4,890,000
Per Square Foot $1,713
Days on Market 42
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 46
Median Rent $4,600
Most Expensive $19,500,000
Least Expensive $1,475,000
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$9,980,000 5,042 0.25 - 0.5 acre 6 6 22 1 0 84
$5,380,000 3,564 6,500 - 8,000 sqft 5 5 13 3 4 28
$4,414,450 2,649 6,500 - 8,000 sqft 4 3 36 1 1 49
$2,547,500 1,530 4,500 - 6,500 sqft 3 2 71 5 5 7