Palo Alto Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Palo Alto. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Palo Alto, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Palo Alto. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Palo Alto. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Palo Alto. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Palo Alto during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Palo Alto, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Palo Altos list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Palo Altos sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Palo Alto, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Palo Altos rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Palo Alto (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Palo Alto whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Palo Alto whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Palo Alto that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in Palo Alto that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Palo Alto where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Palo Alto whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Palo Alto whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Palo Alto that were sold in the past 12 months.
  • $1,843,500
  • 12.5%Y-o-Y
  • Calculated 03/17/2014*
  • *Includes data and transactions through 02/28/2014
 
 
 
 
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This data is not available for Palo Alto.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Feb 2014
26374
0.3%
0.8%
12.5%
1843500
416175
0.3%
1.7%
23.8%
1809600
343613
0.6%
2.6%
16.4%
1947300
343616
343607
0.9%
2.8%
13.3%
1480300
416178
0.6%
3.1%
13.2%
1536800
416177
0.6%
2.0%
11.6%
2653100
343609
0.4%
2.1%
15.7%
3099200
343610
0.1%
0.3%
16.3%
1508000
343620
0.4%
1.7%
13.1%
2008900
343615
343612
-0.1%
-0.0%
18.6%
1038200
343617
416176
343614
0.0%
-0.9%
4.9%
1884800
416706
0.2%
0.0%
14.0%
1762600
343619
0.3%
1.1%
19.0%
2701000
343608
0.7%
2.4%
15.7%
1728100
416705
343611
0.2%
1.6%
12.7%
3105000
416704
416399
0.6%
1.9%
14.8%
1970800
343623
416707
1.1%
3.9%
10.9%
1724000
343622
416708
416174
343618
343621
-0.3%
0.3%
20.2%
1582600
343606
-0.1%
0.6%
17.0%
1339400
 
Zillow Home Value IndexY-o-Y
Palo Alto$1,843,50012.5%
Los Altos Hills$3,237,30014.1%
Stanford$2,396,80011.4%
Los Altos$2,035,8008.2%
Mountain View$1,025,4008.7%
Loyola$2,322,2009.2%
Mortgage Rates
 
Homes for Sale
  1. 3158 Middlefield Rd, Palo Alto, CA Home For Sale
    3158 Middlefield Rd, Palo Alto, CA 94306

     For Sale: $728,000

    • Beds: 2
    • Sqft: 998
    • Baths: 1.5
    • Lot: 1307
  2. 872 Altaire Walk, Palo Alto, CA Home For Sale
    872 Altaire Walk, Palo Alto, CA 94303

     For Sale: $1,180,000

    • Beds: 3
    • Sqft: 1461
    • Baths: 3.5
    • Lot: 1742
  3. 1773 Vassar Ave, Mountain View, CA Home For Sale
    1773 Vassar Ave, Mountain View, CA 94043

     For Sale: $899,950

    • Beds: 3
    • Sqft: 1202
    • Baths: 2.0
    • Lot: 5140