If you need assistance, please call 408-421-8663

Palo Alto Market Report

$4,766,051

AVERAGE PRICE OF 111 HOMES

$4,999,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$5,545,646

AVERAGE PRICE OF 94 MULTI-MILLION DOLLAR HOMES

$10,237,780

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$8,220,158

AVERAGE PRICE OF 12 HOMES WITH A POOL

$3,823,000

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $4,766,051
Avg Bedrooms 2.68 beds
Avg Bathrooms 3 baths

Average Price by Bedrooms

1 bedroom $1,367,000
2 bedrooms $1,576,963
3 bedrooms $2,866,849
4 bedrooms $4,475,177
5 bedrooms $8,870,295
Palo Alto Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 108 121 109 107 61
Average Price $4,617,081 $4,426,490 $3,951,238 $3,968,133 $4,068,374
Avg Price Change +4.31% +12.03% -0.43% -2.53% +6.36%
Median Price $3,624,750 $3,416,745 $3,030,165 $3,186,455 $3,184,400
Med Price Change +6.09% +12.76% -5.16% +0.06% +9.81%
Avg Bedrooms 3.46 beds 2.84 beds 2.62 beds 3.18 beds 3.18 beds
Avg Bathrooms 3.02 baths 2.36 baths 2.9 baths 1.92 baths 2.68 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 111 $4,766,051 36 days
Distressed Homes 1 $4,999,000 49 days
Multi-Million Dollar Homes 94 $5,545,646 37 days
Newly Built Homes 9 $10,237,780 88 days
Homes with a Pool 12 $8,220,158 42 days
Reduced Price Homes 6 $3,823,000 55 days

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DREAM HOME REAL ESTATE & HOME LOANS - HABLAMOS ESPANOL
68 E 11th St #104
Tracy, CA 95377
408-421-8663
CA DRE# 01961783
Kuldeepak Goswamy: #01909132

Jyoti Goswamy
Loan Officer
NMLS# 928320

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