The Palo Alto, CA housing market is a strong seller's market, scoring 77 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 116 homes for sale and 2.1 months of supply. Homes in Palo Alto, CA sold for a median of $3,646,172, up 12.1% from the prior month, or $1,934 per square foot. The average sale price in Palo Alto, CA was $3,968,000, close to the median. The typical home goes under contract in 30 days, sales close at 103.5% of asking price and 55.1% of homes sell above list. 19.8% 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 2026-10-09 and are based on 56 recorded sales and 116 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 337 Tennyson Ave, Palo Alto | 3/2,388 | $7,700,000 | 2026-10-09 |
| 160 Santa Rita Ave, Palo Alto | 2/1,190 | $2,800,000 | 2026-10-09 |
| 2928 Bryant St, Palo Alto | 5/3,138 | $7,210,000 | 2026-10-08 |
| 759 Kendall Ave, Palo Alto | 2/1,866 | $3,720,000 | 2026-10-08 |
| 4173 El Camino Real Apt 17, Palo Alto | 2/1,375 | $1,413,888 | 2026-10-08 |
| 560 Center Dr, Palo Alto | 4/4,015 | $12,400,000 | 2026-10-07 |
| 1730 Webster St, Palo Alto | 6/5,521 | $15,000,000 | 2026-10-06 |
| 872 Waverley St, Palo Alto | 3/2,385 | $4,580,000 | 2026-10-05 |
Palo Alto, CA is currently a strong seller's market, at 77 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 2.1 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Palo Alto, CA sold for $3,646,172 over the last 30 days. That is up 12.1% from the month before.
The average sale price in Palo Alto, CA was $3,968,000, close to the median. The median ($3,646,172) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Palo Alto, CA take a median of 30 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 30 days is worth a second look on price.
Homes in Palo Alto, CA close at a median of 103.5% of their asking price, and 55.1% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 116 homes actively for sale in Palo Alto, CA, about 2.1 months of supply at the current sales pace.