Updated Apr 2013.
The Palo Alto Hills neighborhood average sales price compared to the Palo Alto average sales price.
The Palo Alto Hills neighborhood average square foot price compared to the Palo Alto average square foot price.
The maximum, average, and minimum home sales price by year.
Two views of the Palo Alto Hills home sales price vs. list price. The top graph provides a view of the number of homes sold over list price. The more green area showing means a greater number of homes sold over list price. The more red area showing means a greater number of homes sold under list price.
The lower graph provides a view of the price difference between sales price and list price. The more area showing above zero means a greater sales price over list price. The more area showing below zero means a lower sales price than list price.
Normally the longer it takes to sell a home, the lower the offered price to buy it. The top graph shows the average days from listing the home for sale to the house being sold.The bottom graph shows the relationship between sales price and list price.
The price per square foot is often roughly similar in any given neighborhood. In some cities newer homes tend to be larger than older homes. Since newer homes also sell for more than older homes, the price per square foot for a newer, larger home would tend to be greater. The average size of the homes sold is shown below the price per square foot. The average age of the homes sold is shown at the bottom.