Palo Alto, CA November 1, 2009 - Palo Alto's home resale inventories decreased sharply, with a 38 percent decreased since October 2009. Distressed properties such as foreclosures and short sales increase as a percentage of the total market in November. The median listing price in Palo Alto went up from October to November. There were a total of 0 price increases and 9 price decreases.
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 104 | 143 38% | 196 88% | 140 35% | - |
| Median List Price | $1,399,000 | $1,350,000 -4% | $1,359,950 -3% | $1,549,900 11% | - |
% Distressed | 3% | 2% | - | - | - |
Median Days
on Market | 75 | 58 -23% | 55 -27% | 45 -40% | - |
| Median House Size | 1931 | 1908 -1% | 2000 4% | 1930 | - |
Median Price
Per Sq. Ft. | $753 | $730 -3% | $755 | $766 2% | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 75 | 102 36% | 140 87% | 101 35% | - |
| Median List Price | $1,675,000 | $1,628,000 -3% | - | - | - |
% Distressed | 3% | 2% | - | - | - |
Median Days
on Market | 74 | 52 -30% | - | - | - |
| Median House Size | 2277 | 2169 -5% | - | - | - |
Median Price
Per Sq. Ft. | $802 | $795 -1% | - | - | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 29 | 41 41% | 56 93% | 39 34% | - |
| Median List Price | $916,455 | $875,000 -5% | - | - | - |
% Distressed | 3% | 2% | - | - | - |
Median Days
on Market | 96 | 66 -31% | - | - | - |
| Median House Size | 1496 | 1428 -5% | - | - | - |
Median Price
Per Sq. Ft. | $594 | $571 -4% | - | - | - |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 9 | 40 | 35 | 47 | 49 | 56 | 59 | 56 | 42 | 27 | 10 |
Number of
New Listings | - | 16 | 85 | 59 | 74 | 78 | 18 | 7 | 6 | 4 | 2 | 1 |
Listings
Sold/Expired | - | 19 | 66 | 96 | 84 | 101 | 91 | 84 | 65 | 42 | 35 | 48 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 4 | 30 | 24 | 34 | 40 | 46 | 50 | 41 | 31 | 22 | 8 |
Number of
New Listings | - | 12 | 65 | 47 | 54 | 62 | 12 | 3 | 4 | 3 | 1 | - |
Listings
Sold/Expired | - | 14 | 50 | 72 | 63 | 83 | 76 | 67 | 52 | 34 | 26 | 37 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 5 | 10 | 11 | 13 | 9 | 10 | 9 | 15 | 11 | 5 | 2 |
Number of
New Listings | - | 4 | 20 | 12 | 20 | 16 | 6 | 4 | 2 | 1 | 1 | 1 |
Listings
Sold/Expired | - | 7 | 16 | 24 | 21 | 18 | 15 | 17 | 13 | 8 | 9 | 11 |
* Historical data may be incomplete in some areas.
Palo Alto, CA Market Data Graphs
Median List Price
Inventory
Price Changes
Statistics Dashboard - Compare Market Trends with Another City
Palo Alto, California real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Palo Alto, CA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Palo Alto, CA. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Palo Alto. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about
94028 neighborhood information,
94301 neighborhood information,
94303 neighborhood information,
94304 neighborhood information,
94305 neighborhood information,
94306 neighborhood information and demographics, find a Palo Alto top rated agent, and learn about
Palo Alto schools. Movoto is your comprehensive source for
Palo Alto property information and
Palo Alto homes for sale.