Palo Alto What has actually sold in Palo Alto.
Every single-family sale recorded this year, where it happened and what it fetched. Not an estimate, not a portal’s guess — the recorded transactions.
446 homes sold across 13 Palo Alto neighborhoods in the last year. Pick one to see every sale in it.
Palo Alto Hills
What the year actually says
Every figure below is measured against the price each home first asked, not the price it had been reduced to. That is the difference between a market that looks generous and one you can price against.
The line sits at $7M
Everything below $7M behaves the same way, whatever the price. Above it, the market inverts.
| First asked | Sales | Against first ask | Reached it |
|---|---|---|---|
| Under $3M | 127 | +7.6% | 81% |
| $3M – $4.5M | 169 | +5.8% | 76% |
| $4.5M – $7M | 95 | +5.7% | 73% |
| Over $7M | 46 | −3.4% | 35% |
Below $7M a seller can expect the market to find the price. Above it, the market does not correct upward — the first number has to be right.
Which neighborhoods get bid up
Median sale against the first asking price. City-wide: +5.5%.
What a home costs, by neighborhood
Median closed price, with the median price per square foot beside it.
One story or two
Two-story homes carry a higher price and a larger footprint — but they are bid up less, which is the $7M line showing through.
Single story265 sales
- Median price
- $3.60M
- House
- 1,660 sq ft
- Lot
- 6,969 sq ft
- Typically built
- 1951
- Against first ask
- +6.8%
Two story141 sales
- Median price
- $5.35M
- House
- 2,805 sq ft
- Lot
- 7,500 sq ft
- Typically built
- 1964
- Against first ask
- +2.8%
If this is your street
The map says what sold. It doesn’t say what yours would.
Two houses on the same Palo Alto block can be four hundred dollars a square foot apart, and the difference is almost never the house — it is what was done to it before anyone saw it. Maggie will tell you which of those things is worth doing on yours, and which is not.