Intero's Market Report

Palo Alto, CA

Single-Family Homes



Palo Alto, CA

Tue Nov 24 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 about the same as last month's market action index of 42. Inventory has held steady at or around 83. 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

Tue Nov 24 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 about the same as last month's market action index of 42. Inventory has held steady at or around 83. 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 $1,647
Days on Market 102
Price Decreased 28%
Price Increased 4%
Relisted 6%
Inventory 83
Median Rent $4,820
Most Expensive $15,750,000
Least Expensive $1,880,000
Market Action 42
Slight Seller's Advantage

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
$8,975,000 4,659 0.25 - 0.5 acre 5 5 16 2 2 171
$5,500,000 3,517 8,000 - 10,000 sqft 4 4 19 0 0 110
$3,999,950 2,640 6,500 - 8,000 sqft 4 4 25 0 2 101
$2,700,000 1,778 6,500 - 8,000 sqft 3 2 65 7 4 30