Palo Alto, CA

Strong seller's market-9.6% YoY

Housing market overview · Updated weekly

$3.21Mmedian sale price

Homes sold

42

Last 12 weeks

Days on market

13

Fast-moving

Active listings

69

1.6 months supply

Sale-to-list

105.3%

Above asking

The Palo Alto housing market is currently classified as a strong seller's market with a median sale price of $3.21M. Prices have fallen 9.6% compared to last year, with homes spending an average of 13 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Palo Alto

There are currently 69 homes listed for sale in Palo Alto, California. The median listing price is $3.0M.

Active listings

69

Homes on market

Median list price

$3.0M

Avg. days on market

13

Days until sale

New this week

54

Newly listed

Price drops:13.0%of listings
Sale-to-list:105.3%

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Frequently asked questions

What is the average home price in Palo Alto?

The median home sale price in Palo Alto is $3.21M, down 9.6% from last year.

How long do homes stay on market in Palo Alto?

Homes typically spend 13 days on market before going under contract.

Is Palo Alto a buyer's or seller's market?

With 1.6 months of supply, Palo Alto is currently a strong seller's market.

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