Home to Stanford University, this elegant and affluent community offers a lively blend of college-town and Silicon Valley appeal.
Median Sales Price
2018 witnessed yet another increase in median sales price, though property sales in the luxury end were slower
Median Days On Market
Traditional for Palo Alto, a rapid sale was common especially in the sub-$4 million price range
Number of Sales
The annual number of sales remained constant supporting the fact that PA is a highly desirable community to live in
Palo Alto is the heart and soul of culture and innovation in the Silicon Valley. The vibrant downtown University Avenue offers something for everyone with ethnic restaurants and enticing shops. Enjoy a cup of coffee at the Coupa Café on Ramona Street and listen to the buzz from founders of local and national start-ups talk about their new technologies. Grab an ice cream and watch an “indy” movie at the local movie theater, the Aquarius. Yet, in the midst of all this entrepreneurial energy, the town still maintains a small-town feeling with its tree-lined streets and Stanford University football games.
The newly renovated outdoor Town & Country Shopping Center is a pure delight offering many restaurants, Books, Inc. – one of the last independently owned book stores, a great toy store, several boutique clothing stores, Peets Coffee, the Bar Method and the list goes on. The Palo Alto school district is home to two of the highest ranked high schools in the country, Gunn High and Palo Alto (aka “Paly”) High School. Palo Alto has five main areas that real estate agents distinguish between: North Palo Alto, Midtown, South Palo Alto, Barron Park and the area of College Terrace & Peers Park.