Above Asking

Market intel · weekly

The lead · September 27

Builders are cutting prices nationwide. Why are Palo Alto homes still selling above asking?

National housing headlines and local conditions can tell different stories. In this issue, I compare broader housing data with 446 Palo Alto single-family sales to see how pricing, timing, and competition are behaving locally.

A Palo Alto house on Fulton Street behind its rose garden and brick wall, on a clear day

Also in this issue

Palo Alto

Rates just crossed 7%. What does that mean for your Palo Alto home’s value?

Mortgage rates crossed 7%. Here’s what recent Palo Alto sales can—and cannot—tell us about pricing, overbids, and timing.

End of issue

What the headlines say, and what the sales actually show · never revised Print this issuePrint issue

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