Altos Market Data for Realtors

Palo Alto, CA

Single-Family Homes

Schedule a demo today at AltosResearch.com



Palo Alto, CA

Sun Feb 25 2024
This week the median list price for Palo Alto, CA is $5,395,000 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has decreased to 25. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Palo Alto, CA

Sun Feb 25 2024
This week the median list price for Palo Alto, CA is $5,395,000 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has decreased to 25. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Palo Alto market.
Median List Price $5,395,000
Median Price of New Listings $3,449,000
Per Square Foot $1,911
Average Days on Market 125
Median Days on Market 35
Price Decreased 20%
Price Increased 0%
Relisted 32%
Inventory 25
Median Rent
Market Action 46
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$11,350,000 3,696 0.25 - 0.5 acre 5 4 12 1 1 143
$5,934,000 3,147 6,500 - 8,000 sqft 5 3.8 20 0 1 28
$4,600,000 2,341 6,500 - 8,000 sqft 5 3.8 45 2 1 42
$2,950,000 1,657 4,500 - 6,500 sqft 4 2 70 3 3 7