... Premier Real Estate Agent. George Avalos is a business reporter for the Bay Area News Group. Palo Alto home prices are not only among the most expensive in California, but Palo Alto real estate also consistently ranks among the most expensive in America. For Palo Alto, CA. This is an increase over last month's market action index of 39. In a letter to the city, Mary Bartholomay, a Palo Alto resident who lives in the College Terrace area, expressed support for the market. Additionally, there are 176 rentals, with a range of $814 to $18K per month. Palo Alto is a wonderful community to call “home,” and while the market in 2019 was softer, homeowners there continue to benefit from a long-term strong real estate market. Palo Alto, California 94303has a population of 29,852. Lori Buecheler is a real estate agent affiliated with Compass. The median household income in Palo Alto, California 94303 is $53,149. Zillow has 92 homes for sale in Palo Alto CA. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Leland Manor - Embarcadero Oaks - Garland Drive, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? Palo Alto Housing Market Information. ... 6 Beds 4 Full Bath 3737 sq ft 73 Days on Market. “The market would provide high-quality goods at reasonable prices,” according to a Palo Alto city staff report. “The combination of offerings and services fulfills the wants and demands of our Palo Alto community,” said Jason Oberman, chief executive officer of Blox Ventures, one of the principal co-owners of the property where Real Produce International will open its market. Peninsula Market Slows During Q2-And That’s Normal! Silicon Valley Homes - Silicon Valley Real Estate - Silicon Valley Homes For Sale - Silicon Valley Real Some of the best neighborhoods in or around Palo Alto, California are Midtown Palo Alto, Old Palo Alto and Crescent Park. A general summary of the real estate market in Palo Alto, CA is listed above. When it comes to market knowledge, integrity, service level and results. ... the residential real estate market in Palo Alto had an unprecedented strong run in the past 10 years. Right now, there are 464 homes listed for sale in Palo Alto… The median listing price per square foot was $1.5K. In the past month, 98 homes have been sold in Palo Alto . See pricing and listing details of Palo Alto real estate for sale. The median price of all sold homes in Palo Alto from June to August was … The median sale price was $2.9M. A quick estimate of how active the Palo Alto real estate market is can be found by looking at the number of houses sold. Post was not sent - check your email addresses! Real Produce’s first store is in Almaden Fashion Plaza in south San Jose. We will be posting our other community reports over the next few days. The family-owned operation is in the grocery, fruit, and vegetable produce business. Find the best Real Estate Agents on Yelp: search reviews of 2245 Palo Alto businesses by price, type, or location. East Palo Alto Real Estate Market Trends - East Palo Alto Homes For Sale - East Palo Alto Real Estate. You can also find 33 private and charter schools. Total Homes for Sale: 24: Median Home Values Estimate: $2,572,300: Home Value Forecast: 1.3%: Average Home Values By City. Palo Alto | Commercial Real Estate 400 Hamilton Avenue 4th Floor Palo Alto, CA 94301 +1 650 4945100 +1 650 4945102. The median listing price per square foot was $1.5K. October 16, 2020. parks and gyms. The county percentage for households with children is 34%. Real Estate Market Trends in Palo Alto, CA Coldwell Banker estimates the median home price in Palo Alto is $3,988,000. https://www.sellingsiliconvalley.tv/ Want MORE Data? There are 23 neighborhoods in Palo Alto. Real Produce International Market site at 501 Oxford Ave. in the College Terrace district of Palo Alto, concept. Palo Alto, CA is a seller's market in November 2020, which means that there are more people looking to buy than there are homes available. In June 2018, a group headed by Palo Alto-based developer Blox Ventures and New York City-based realty investment firm Angelo, Gordon & Co. paid $78.3 million in cash for the property, which is in the bustling College Terrace district of Palo Alto. Serving Palo Alto And The Surrounding Area, Palo Alto, CA “ They were incredibly patient as we learned the strange ins and outs of the real estate market in Palo Alto and Menlo Park . Locally there is a strong seasonal change in the number of houses sold. All Access Digital offer for just 99 cents! Sorry, your blog cannot share posts by email. It’s likely that the market will be open within weeks, according to the property owner. Xin Jiang is a real estate agent with Compass in Palo Alto. 4260 El Camino Real, Palo Alto 94306 . Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Palo Alto real estate market, all in one place. Real estate: Organic grocer will be new market for prominent Palo Alto complex The Mercury News - George Avalos. Most homes for sale in Palo Alto stay on the market for 55 days and receive 1 offer. Houses and a hotel planned at big San Jose site Homes ... Save this search to get email alerts when listings hit the market. Palo Alto 94303 is more family-centric than the surrounding county with 42% households with children. This Residential listing has 6 Beds, 4 Full Baths. As a result, the number of homes sold during the first half of 2018 in most communities was flat or down (see stats table below). The trend for median days on market in Palo Alto, CA has gone up since last month., and flat since last year. On average, homes in Palo Alto, CA sell after 45 days on the market. A local grocer with a focus on organic produce has signed a lease to become the new market at a prominent mixed-use center in Palo Alto's College Terrace district. A local grocer with a focus on organic produce has signed a lease to become the new market at a prominent mixed-use center in Palo Alto's College Terrace district. View 116 homes for sale in Palo Alto, CA at a median listing price of $2,950,000. Real estate market report for Palo Alto, CA for year-end 2017. Procuring a market for this location is expected to be a major boost for Palo Alto generally and the College Terrace area in particular. Are you a Homebuyer? A local grocer with a focus on organic produce has signed a lease to become the new market at a prominent mixed-use center in Palo Alto's College Terrace district. San Francisco Peninsula R&D MarketView Snapshot Q3 2020. Setting the standard for real estate research with accurate market knowledge and info on the latest trends. Here are the best public schools in Palo Alto, CA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Palo Alto, CA. Palo Alto CA Newest Real Estate Listings. The market urged Palo Alto city officials to provide whatever assistance possible in gaining approval from the Santa Clara County Health Department to enable the store to open swiftly, possibly as soon as Thanksgiving weekend. 95 Homes For Sale in Palo Alto, CA. Affordability of Living in East Palo Alto, CA. Properties in Palo Alto, CA average a cost of $1,702,100, which is 316% higher than the median home price for real estate located in California. The lowest number of houses sold typically occurs around December & January. Sun Sep 27 2020 This week the median list price for Palo Alto, CA is $4,888,000 with the market action index hovering around 42. Discover more Palo Alto listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. The average sale price per square foot in Palo Alto is $1.58K, up 3.2% since last year. Palo Alto is located in California. The new grocery also intends to provide delivery services to Palo Alto residents. The Palo Alto housing market is very competitive. Sort by: Newest. Taffi, the principal owner of the new retail outlet, wrote in a letter to the city that he enthusiastic about the prospects for the new store, despite an array of restrictions on how businesses can operation amid the coronavirus outbreak. Duveneck - St. Francis. Costco could be coming to Newark The reSolve is one of the best Real Estate Agents in San Francisco Bay Area, CA. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. There are 107 homes for sale, ranging from $320K to $53.9M. Palo Alto Real Estate Facts. Movoto gives you access to the most up-to-the-minute real estate information in East Palo Alto. The new owners entered into a preliminary deal with another market in 2018, but that transaction fell through and the space remained empty. Real estate: Palo Alto buildings draw big investors The median home price of … Housing Authority finds new San Jose HQ The super-hot Peninsula real estate market cooled slightly in Q2. Schedule a showing for 3238 Waverley Street in Palo Alto, CA. Market Action Index Camera 12 revamp in downtown San Jose gets city O.K. “I believe the new owner will be the one to finally overcome the poor location, the parking situation, the past lack of signage, and the current pandemic, and will give College Terrace the vibrant market it has been missing for these many years,” Bartholomay wrote in a Nov. 16 letter. Consider buying or renting a home in one of these popular neighborhoods. Palo Alto is a decidedly white-collar city, with fully 96.95% of the workforce employed in … The median price per square foot in Palo Alto has increased by 4.8% over the past year. There are a total of 1,198 real estate agents active in Palo Alto, but the top real estate agents in the area are proven to get better outcomes for their clients. Mixed-use complex at the corner of El Camino Real and Oxford Avenue in Palo Alto's College Terrace neighborhood where Real Produce International Market has leased 11,000 square feet. Compass is a licensed real estate broker licensed by the state of California and abides by equal housing opportunity laws. There are 107 homes for sale in Palo Alto, CA, 4 of which were newly listed within the last week. Homes are typically worth $825/sqft. Palo Alto is a city in California and consists of 23 neighborhoods. This means that the region of Palo Alto, CA is, on average, less affordable when compared to the remainder of California. There are 169 homes for sale in Palo Alto with a median price of $2,959,236, which is an increase of 8.7% since last year. Related Articles Palo Alto’s College Terrace area gets new market, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Moderna’s COVID-19 vaccine: It’s on its way, boosting supplies, Real estate: Local grocer signs lease for new market at prominent Palo Alto complex, Houses and a hotel planned at big San Jose site, Real estate: Palo Alto buildings draw big investors. Homes in Palo Alto, CA sold for approximately the asking price on average in November 2020. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Housing Market Trends in Palo Alto, CA. We will soon provide other points, such as The Movoto Advantage. Real Produce International Market also operates fruit and wholesale businesses in Oakland and South San Francisco. Experience best results when your work with Jennifer. I was raised in Palo Alto and have spent most of my life living, studying, working and raising a family in neighborhoods throughout the Bay Area – from Palo Alto to Moraga to San Francisco to San Carlos to Mountain View to Campbell and San Jose. The median list price of homes in Palo Alto, CA was $3M in October 2020, trending down -4% year-over-year. PALO ALTO — A local grocer with a focus on organic produce has signed a lease for a prominent mixed-use center in Palo Alto’s College Terrace district. Home sales in Contra Costa County, Dec. 19, For small Bay Area landlords, bad tenants leave long-term Covid scars, FEMA to fund California’s Project Roomkey hotels until COVID crisis ends, Newsom says. Our free service analyze millions of home sales to find the perfect agent for you. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! See more real estate market trends for Palo Alto. Homes in Palo Alto receive 2 offers on average and sell in around 16 days. Lori Buecheler - DRE# 01859485. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. East Palo Alto, CA Real Estate Trends. The average sale price of a home in Palo Alto was $2.89M last month, up 8.6% since last year. With a population of 66,666, 26,212 total housing units (homes and apartments), and a median house value of $2,363,833, Palo Alto house prices are not only among the most expensive in California, Palo Alto real estate … PALO ALTO — An organic grocer that just opened its first Silicon Valley location has signed a lease to become the new market at a prominent mixed-use … Click here to stay informed with the Palo Alto market! Alexandria Real Estate, a big investor from Southern California, has been one of the busiest buyers of properties in Palo Alto. Palo Alto. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Get Morning Report and other email newsletters. Charleston Gardens is the most affordable neighborhood, with a median listing price of $1.2M. Camera 12 revamp in downtown San Jose gets city O.K. 24 results. Palo Alto mixed-use complex at the corner of El Camino Real and Oxford Avenue in the College Terrace area where Real Produce International Market has leased space for a new market with an organic focus. The residential property market in Palo Alto is showing multiple signs of a slowdown. About Palo Alto 94303, CA. “We take the long view and have signed a long-term lease for the grocer space,” Taffi wrote. “Our market will offer locally sourced produce with a focus on organic, as well as groceries and specialty items sourced locally and internationally,” said Khaled Taffi, owner and manager of Real Produce International Market. Inventory has held steady at or around 69. Real Produce International Market has leased 11,000 square feet in a Palo Alto complex at 501 Oxford Ave. next to El Camino Real. We are the exclusive affiliate of Christie's International Real Estate in Alameda, Contra Costa, Marin, Napa, San Francisco, and Sonoma counties, enhancing our ability to market … Real Produce International will offer customers the ability to shop inside the store as well as order online. ” In 7 reviews Palo Alto, CA . Palo Alto, CA hosts 36 public schools rated good and higher by GreatSchools. Analyze how the market is performing against historical data. Jennifer Buenrostro is a trusted real estate agent and has worked in Palo Alto for over 30 years. Learn about the East Palo Alto, CA housing market through trends and averages. “We are excited about the opportunity to serve the community.”. The median list price of homes in Palo Alto, CA was $3M in November 2020, trending down -1.7% year-over-year. The highest number of houses sold typically occurs around May. Get to know Palo Alto. See Homes in Neighborhoods Near East Palo Alto, CA. The new market will bring to the College Terrace neighborhood a new deli, grab-and-go area, fresh flowers, and a coffee area. Real Produce International Market has leased 11,000 square feet in a Palo Alto complex at 501 Oxford Ave. next to El Camino Real. Professorville has a median listing price of $7M, making it the most expensive neighborhood. The retailer also hopes for city approval for temporary and eventually permanent signs for the store. 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