Altos Market Data for Realtors

Palo Alto, CA

Single-Family Homes

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Palo Alto, CA

Mon Dec 09 2019
This week the median list price for Palo Alto, CA is $3,760,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has held steady at or around 50. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Palo Alto, CA

Mon Dec 09 2019
This week the median list price for Palo Alto, CA is $3,760,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has held steady at or around 50. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Palo Alto market.
Median List Price $3,760,000
Per Square Foot $1,701
Days on Market 105
Price Decreased 40%
Price Increased 2%
Relisted 6%
Inventory 50
Median Rent $6,000
Most Expensive $39,988,000
Least Expensive $1,700,000
Market Action 41
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
$9,225,000 5,617 0.25 - 0.5 acre 5 6 17 0 0 153
$4,595,000 3,180 8,000 - 10,000 sqft 4 4 66 0 4 75
$3,195,000 2,016 4,500 - 6,500 sqft 4 4 13 0 5 116
$2,249,000 1,239 0 - 4,500 sqft 3 2 74 2 2 76