The Palo Alto, CA housing market is a strong seller's market, scoring 81 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 102 homes for sale and 2.5 months of supply. Homes in Palo Alto, CA sold for a median of $3,950,000, up 5.7% from the prior month, or $2,013 per square foot. The typical home goes under contract in 34 days, sales close at 105.7% of asking price and 70.6% of homes sell above list. 14.7% of active Palo Alto, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 42 recorded sales and 102 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 3359 Saint Michael Ct, Palo Alto | 5/2,650 | $4,725,000 | 2026-08-24 |
| 444 Matadero Ave, Palo Alto | 3/1,476 | $2,624,500 | 2026-08-21 |
| 2355 Louis Rd, Palo Alto | 4/1,260 | $3,255,000 | 2026-08-21 |
| 735 Coastland Dr, Palo Alto | 3/2,075 | $4,100,829 | 2026-08-20 |
| 2230 Amherst St, Palo Alto | 3/1,807 | $4,550,000 | 2026-08-17 |
| 101 Alma St Apt 907, Palo Alto | 2/1,565 | $2,152,500 | 2026-08-14 |
| 1601 Channing Ave, Palo Alto | 5/2,134 | $4,200,000 | 2026-08-14 |
| 101 Alma St Apt 608, Palo Alto | 2/1,531 | $1,000,000 | 2026-08-14 |
Palo Alto, CA is currently a strong seller's market, at 81 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 2.5 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Palo Alto, CA sold for $3,950,000 over the last 30 days. That is up 5.7% from the month before.
Homes in Palo Alto, CA take a median of 34 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 34 days is worth a second look on price.
Homes in Palo Alto, CA close at a median of 105.7% of their asking price, and 70.6% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 102 homes actively for sale in Palo Alto, CA, about 2.5 months of supply at the current sales pace.