Palo Alto, CA Housing Market and Real Estate Statistics
In the 13 weeks ending October 4, 2026, 121 homes sold in Palo Alto at a median sale price of $3.85M, in a median of 9 days on market, and at 107.1% of final list price, with 71 active listings on October 4, 2026.
Across ten years of MLSListings Inc. closed sales, the Palo Alto median sale price rose from $2.68M in 2017 to $3.50M in 2025, the last full year, and stands at $3.56M for 2026 through October 4, 2026.
Palo Alto, Santa Clara County, Silicon Valley. Home prices, inventory, and real estate market trends for single family homes, townhomes, and condos. Weekly Palo Alto MLS housing data for the week ending October 4, 2026, with annual history from 2017, calculated by Aegis Luxury Real Estate and updated every Monday.
Compared with the county
The Palo Alto median sale price of $3.85M sits 140.8% above the Santa Clara County median of $1.60M for the same 13 weeks.
Days on market
Homes in Palo Alto sold in a median of 9 days on market over the 13 weeks ending October 4, 2026, and an average of 27 days, down 4.3% vs Last Year. The county average was 31 days.
Active listings
There were 71 active listings in Palo Alto on October 4, 2026, down 43.2% vs Last Year, or 2.5 months of supply.
Pending sales
There were 44 homes under contract in Palo Alto on October 4, 2026, against 799 across Santa Clara County.
Sale to list ratio
Closed sales in Palo Alto averaged 107.1% of final list price over the 13 weeks ending October 4, 2026, up 3.5 points vs Last Year. The Santa Clara County figure was 102.6%.
Closed sales, 2026
403 homes closed in Palo Alto from January 1 through October 4, 2026 for $1.67B, up 5.8% vs Last Year in sales and up 8.0% vs Last Year in volume.
Sale price, 2026 year to date
The 2026 year to date median sale price in Palo Alto is $3.56M, up 0.2% vs Last Year. The year to date average sale price is $4.15M, up 2.1% vs Last Year.
Price per square foot, 2026 year to date
The 2026 year to date median price per square foot in Palo Alto is $2,000, up 4.7% vs Last Year. The average price per square foot is $1,961, up 5.3% vs Last Year.
The Palo Alto market, week ending October 4, 2026
One figure stands out for Palo Alto in the 13 weeks ending October 4, 2026: homes sold in an average of 27 days on market, against 31 days countywide.
Palo Alto recorded a median sale price of $3.85M over the 13 weeks ending October 4, 2026, based on 121 closed sales, 5.9% above the same weeks of 2025. The average sale price was $4.06M.
Aegis Market Read: Palo Alto, September 2026
Calculated by Aegis Luxury Real Estate from MLSListings Inc. data
One figure stands out for Palo Alto in the 13 weeks ending October 4, 2026: homes sold in an average of 27 days on market, against 31 days countywide. Closed sales ran at 107.1% of final list price, against 102.6% across Santa Clara County. 71 listings were active on October 4, 2026, 2.5 months of supply.
What is the median home price in Palo Alto?
The median sale price in Palo Alto was $3.85M over the 13 weeks ending October 4, 2026, up 5.9% vs Last Year, against a Santa Clara County median of $1.60M. The average sale price was $4.06M. For 2026 to date the median is $3.56M and the average is $4.15M, with a median price per square foot of $2,000 and an average of $1,961.
Median sale price, Palo Alto, trailing 13 weeks, by week, 2021 to 2026, with the 2026 Santa Clara County median, in millions
Median sale price, latest 13 weeks as text
Jul 12 $3.51M, Jul 19 $3.65M, Jul 26 $3.65M, Aug 2 $3.74M, Aug 9 $3.75M, Aug 16 $3.83M, Aug 23 $3.83M, Aug 30 $3.85M, Sep 6 $3.74M, Sep 13 $3.74M, Sep 20 $3.75M, Sep 27 $3.83M, Oct 4 $3.85M. Santa Clara County 13 week median, same weeks: Jul 12 $1.70M, Aug 9 $1.64M, Sep 6 $1.59M, Oct 4 $1.60M.
Palo Alto sale price by year, with Santa Clara County
| Year | Median sale price | Median vs Last Year | Average sale price | Average vs Last Year | Median price per sq ft | Average price per sq ft | County median sale price |
|---|---|---|---|---|---|---|---|
| 2021 | $3.31M | $3.47M | $1,644 | $1,673 | $1.39M | ||
| 2022 | $3.30M | -0.3% | $3.46M | -0.2% | $1,724 | $1,767 | $1.50M |
| 2023 | $3.10M | -6.1% | $3.41M | -1.4% | $1,705 | $1,721 | $1.50M |
| 2024 | $3.41M | +10.1% | $3.71M | +8.6% | $1,802 | $1,788 | $1.63M |
| 2025 | $3.50M | +2.6% | $4.01M | +8.3% | $1,899 | $1,865 | $1.67M |
| 2026 to date | $3.56M | +1.7% | $4.15M | +3.4% | $2,000 | $1,961 | $1.64M |
| Last 52 weeks | $3.51M | -0.1% | $4.08M | +2.8% | $1,951 | $1,941 | $1.64M |
Annual figures are calculated from all closed sales reported to MLSListings Inc. for that calendar year, all property types. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025, the same comparison used in the answers above. Last 52 weeks covers the 52 weeks ending October 4, 2026 and is compared with the 52 weeks before them.
Palo Alto sale price by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 13 week median 2026 | 13 week median 2025 | Median vs Last Year | County 13 week median 2026 |
|---|---|---|---|---|---|
| Jul 12 | 7 | $3.51M | $3.50M | +0.3% | $1.70M |
| Jul 19 | 8 | $3.65M | $3.55M | +2.8% | $1.68M |
| Jul 26 | 8 | $3.65M | $3.55M | +2.8% | $1.66M |
| Aug 2 | 7 | $3.74M | $3.57M | +4.7% | $1.65M |
| Aug 9 | 10 | $3.75M | $3.35M | +11.9% | $1.64M |
| Aug 16 | 12 | $3.83M | $3.35M | +14.1% | $1.63M |
| Aug 23 | 4 | $3.83M | $3.35M | +14.1% | $1.62M |
| Aug 30 | 10 | $3.85M | $3.35M | +14.9% | $1.61M |
| Sep 6 | 10 | $3.74M | $3.43M | +9.3% | $1.59M |
| Sep 13 | 10 | $3.74M | $3.46M | +7.9% | $1.58M |
| Sep 20 | 9 | $3.75M | $3.43M | +9.5% | $1.60M |
| Sep 27 | 15 | $3.83M | $3.61M | +6.2% | $1.60M |
| Oct 4 | 11 | $3.85M | $3.64M | +5.9% | $1.60M |
Palo Alto single family homes sale price by year
| Year | Median sale price | Median vs Last Year | Average sale price | Average vs Last Year | Median price per sq ft |
|---|---|---|---|---|---|
| 2021 | $3.58M | $3.95M | $1,761 | ||
| 2022 | $3.65M | +2.0% | $4.06M | +3.0% | $1,889 |
| 2023 | $3.30M | -9.6% | $3.86M | -5.0% | $1,792 |
| 2024 | $3.66M | +10.9% | $4.28M | +10.9% | $1,919 |
| 2025 | $3.89M | +6.3% | $4.68M | +9.2% | $2,010 |
| 2026 to date | $4.20M | +7.8% | $4.98M | +6.5% | $2,157 |
| Last 52 weeks | $4.08M | +5.4% | $4.90M | +6.4% | $2,126 |
Figures cover single family homes only, from closed sales reported to MLSListings Inc. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto single family homes sale price by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 13 week median 2026 | 13 week median 2025 | Median vs Last Year | County 13 week median 2026 |
|---|---|---|---|---|---|
| Jul 12 | 5 | $4.10M | $3.72M | +10.4% | $2.05M |
| Jul 19 | 7 | $4.28M | $3.74M | +14.5% | $2.03M |
| Jul 26 | 7 | $4.29M | $3.80M | +12.9% | $2.01M |
| Aug 2 | 7 | $4.34M | $3.84M | +13.0% | $2.00M |
| Aug 9 | 9 | $4.38M | $3.74M | +17.2% | $2.00M |
| Aug 16 | 10 | $4.38M | $3.71M | +18.0% | $1.98M |
| Aug 23 | 4 | $4.26M | $3.70M | +15.1% | $1.96M |
| Aug 30 | 6 | $4.26M | $3.70M | +15.1% | $1.93M |
| Sep 6 | 7 | $4.21M | $3.74M | +12.7% | $1.91M |
| Sep 13 | 8 | $4.20M | $3.78M | +11.1% | $1.90M |
| Sep 20 | 8 | $4.20M | $3.78M | +11.0% | $1.93M |
| Sep 27 | 12 | $4.20M | $4.05M | +3.7% | $1.94M |
| Oct 4 | 7 | $4.20M | $4.10M | +2.4% | $1.91M |
Palo Alto townhomes sale price by year
| Year | Median sale price | Median vs Last Year | Average sale price | Average vs Last Year | Median price per sq ft |
|---|---|---|---|---|---|
| 2021 | $1.78M | $1.78M | $1,201 | ||
| 2022 | $1.90M | +6.9% | $1.91M | +7.8% | $1,301 |
| 2023 | $1.85M | -2.6% | $1.95M | +1.7% | $1,221 |
| 2024 | $1.81M | -2.4% | $1.78M | -8.6% | $1,241 |
| 2025 | $1.86M | +3.0% | $1.88M | +5.6% | $1,201 |
| 2026 to date | $1.81M | -2.7% | $1.90M | +1.0% | $1,185 |
| Last 52 weeks | $1.81M | -3.4% | $1.88M | -1.1% | $1,190 |
Figures cover townhomes only, from closed sales reported to MLSListings Inc. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto townhomes sale price by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 26 week median 2026 | 26 week median 2025 | Median vs Last Year | County 26 week median 2026 |
|---|---|---|---|---|---|
| Jul 12 | 2 | $1.80M | $1.91M | -5.7% | $1.25M |
| Jul 19 | 1 | $1.80M | $1.97M | -8.8% | $1.25M |
| Jul 26 | 0 | $1.80M | $1.97M | -8.8% | $1.24M |
| Aug 2 | 0 | $1.80M | $1.97M | -8.8% | $1.24M |
| Aug 9 | 0 | $1.80M | $1.97M | -8.8% | $1.25M |
| Aug 16 | 0 | $1.77M | $1.91M | -7.3% | $1.23M |
| Aug 23 | 0 | $1.80M | $1.86M | -3.4% | $1.22M |
| Aug 30 | 2 | $1.80M | $1.81M | -0.6% | $1.21M |
| Sep 6 | 1 | $1.80M | $1.82M | -0.9% | $1.21M |
| Sep 13 | 0 | $1.80M | $1.86M | -3.2% | $1.20M |
| Sep 20 | 1 | $1.81M | $1.86M | -2.6% | $1.20M |
| Sep 27 | 0 | $1.81M | $1.86M | -2.6% | $1.20M |
| Oct 4 | 1 | $1.80M | $1.86M | -3.1% | $1.20M |
Palo Alto condos sale price by year
| Year | Median sale price | Median vs Last Year | Average sale price | Average vs Last Year | Median price per sq ft |
|---|---|---|---|---|---|
| 2021 | $1.36M | $1.43M | $1,080 | ||
| 2022 | $1.25M | -7.7% | $1.45M | +1.5% | $1,062 |
| 2023 | $1.18M | -5.6% | $1.47M | +1.4% | $1,073 |
| 2024 | $1.23M | +4.0% | $1.33M | -9.3% | $1,023 |
| 2025 | $1.38M | +12.6% | $1.47M | +10.4% | $1,038 |
| 2026 to date | $1.38M | -0.2% | $1.62M | +10.0% | $1,049 |
| Last 52 weeks | $1.41M | +10.5% | $1.62M | +15.4% | $1,049 |
Figures cover condos only, from closed sales reported to MLSListings Inc. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto condos sale price by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 26 week median 2026 | 26 week median 2025 | Median vs Last Year | County 26 week median 2026 |
|---|---|---|---|---|---|
| Jul 12 | 0 | $1.38M | $1.27M | +8.4% | $725K |
| Jul 19 | 0 | $1.38M | $1.27M | +8.9% | $720K |
| Jul 26 | 1 | $1.39M | $1.27M | +9.2% | $718K |
| Aug 2 | 0 | $1.41M | $1.27M | +11.1% | $717K |
| Aug 9 | 1 | $1.39M | $1.30M | +7.3% | $718K |
| Aug 16 | 2 | $1.39M | $1.30M | +6.7% | $720K |
| Aug 23 | 0 | $1.39M | $1.30M | +6.7% | $712K |
| Aug 30 | 2 | $1.39M | $1.30M | +7.3% | $709K |
| Sep 6 | 2 | $1.38M | $1.29M | +7.5% | $703K |
| Sep 13 | 2 | $1.39M | $1.28M | +9.4% | $699K |
| Sep 20 | 0 | $1.38M | $1.26M | +9.5% | $700K |
| Sep 27 | 3 | $1.39M | $1.26M | +9.8% | $699K |
| Oct 4 | 3 | $1.38M | $1.26M | +9.5% | $690K |
How long does it take to sell a home in Palo Alto?
Homes in Palo Alto sold in a median of 9 days on market over the 13 weeks ending October 4, 2026 and an average of 27 days, down 4.3% vs Last Year. The Santa Clara County average was 31 days. For 2026 to date the median is 9 days.
Average days on market, Palo Alto, trailing 13 weeks, by week, 2021 to 2026, with the 2026 Santa Clara County average, days
Average days on market, latest 13 weeks as text
Jul 12 23, Jul 19 24, Jul 26 25, Aug 2 25, Aug 9 26, Aug 16 28, Aug 23 26, Aug 30 28, Sep 6 28, Sep 13 29, Sep 20 26, Sep 27 25, Oct 4 27. Santa Clara County 13 week average, same weeks: Jul 12 24, Aug 9 27, Sep 6 30, Oct 4 31.
Palo Alto days on market by year, with Santa Clara County
| Year | Median days on market | Average days on market | Average vs Last Year | County average days on market |
|---|---|---|---|---|
| 2021 | 9 | 25 | 17 | |
| 2022 | 9 | 21 | -17.6% | 18 |
| 2023 | 11 | 28 | +33.7% | 21 |
| 2024 | 9 | 21 | -24.4% | 19 |
| 2025 | 9 | 26 | +21.2% | 24 |
| 2026 to date | 9 | 24 | -5.3% | 27 |
Days on market is the MLS days on market field reported for each closed sale; sales without that field are left out. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto days on market by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 13 week average 2026 | 13 week average 2025 | Average vs Last Year | County 13 week average 2026 |
|---|---|---|---|---|---|
| Jul 12 | 7 | 23 | 18 | +24.8% | 24 |
| Jul 19 | 8 | 24 | 19 | +27.1% | 25 |
| Jul 26 | 8 | 25 | 20 | +27.4% | 26 |
| Aug 2 | 7 | 25 | 23 | +10.8% | 27 |
| Aug 9 | 10 | 26 | 25 | +4.5% | 27 |
| Aug 16 | 12 | 28 | 24 | +13.4% | 28 |
| Aug 23 | 4 | 26 | 25 | +7.2% | 28 |
| Aug 30 | 10 | 28 | 26 | +7.7% | 29 |
| Sep 6 | 10 | 28 | 26 | +8.1% | 30 |
| Sep 13 | 10 | 29 | 25 | +16.8% | 31 |
| Sep 20 | 9 | 26 | 26 | -1.1% | 31 |
| Sep 27 | 15 | 25 | 27 | -7.3% | 31 |
| Oct 4 | 11 | 27 | 29 | -4.3% | 31 |
Palo Alto single family homes days on market by year
| Year | Median days on market | Average days on market | Average vs Last Year |
|---|---|---|---|
| 2021 | 8 | 23 | |
| 2022 | 8 | 18 | -23.0% |
| 2023 | 10 | 26 | +44.6% |
| 2024 | 8 | 19 | -27.4% |
| 2025 | 9 | 22 | +18.6% |
| 2026 to date | 8 | 20 | -11.4% |
Days on market for single family homes is the MLS days on market field reported for each closed sale. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto single family homes days on market by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 13 week average 2026 | 13 week average 2025 | Average vs Last Year | County 13 week average 2026 |
|---|---|---|---|---|---|
| Jul 12 | 5 | 20 | 17 | +19.9% | 20 |
| Jul 19 | 7 | 20 | 17 | +19.2% | 21 |
| Jul 26 | 7 | 21 | 18 | +22.4% | 22 |
| Aug 2 | 7 | 21 | 19 | +12.6% | 23 |
| Aug 9 | 9 | 22 | 21 | +3.9% | 23 |
| Aug 16 | 10 | 24 | 22 | +8.8% | 24 |
| Aug 23 | 4 | 22 | 22 | -0.4% | 24 |
| Aug 30 | 6 | 24 | 24 | -0.4% | 25 |
| Sep 6 | 7 | 24 | 25 | -3.5% | 26 |
| Sep 13 | 8 | 23 | 23 | +1.9% | 27 |
| Sep 20 | 8 | 19 | 23 | -19.4% | 26 |
| Sep 27 | 12 | 19 | 24 | -23.9% | 27 |
| Oct 4 | 7 | 19 | 25 | -24.0% | 27 |
Palo Alto townhomes days on market by year
| Year | Median days on market | Average days on market | Average vs Last Year |
|---|---|---|---|
| 2021 | 8 | 17 | |
| 2022 | 8 | 16 | -4.2% |
| 2023 | 8 | 15 | -7.2% |
| 2024 | 10 | 30 | +97.8% |
| 2025 | 18 | 34 | +13.5% |
| 2026 to date | 20 | 31 | -8.7% |
Days on market for townhomes is the MLS days on market field reported for each closed sale. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto townhomes days on market by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 26 week average 2026 | 26 week average 2025 | Average vs Last Year | County 26 week average 2026 |
|---|---|---|---|---|---|
| Jul 12 | 2 | 26 | 28 | -6.5% | 26 |
| Jul 19 | 1 | 34 | 18 | +85.7% | 26 |
| Jul 26 | 0 | 34 | 18 | +85.7% | 26 |
| Aug 2 | 0 | 34 | 18 | +85.7% | 26 |
| Aug 9 | 0 | 35 | 18 | +92.1% | 26 |
| Aug 16 | 0 | 34 | 17 | +101.1% | 26 |
| Aug 23 | 0 | 37 | 18 | +102.8% | 26 |
| Aug 30 | 2 | 39 | 20 | +94.9% | 27 |
| Sep 6 | 1 | 38 | 19 | +101.5% | 28 |
| Sep 13 | 0 | 38 | 18 | +110.1% | 28 |
| Sep 20 | 1 | 36 | 19 | +89.0% | 29 |
| Sep 27 | 0 | 40 | 19 | +106.9% | 29 |
| Oct 4 | 1 | 41 | 19 | +111.8% | 29 |
Palo Alto condos days on market by year
| Year | Median days on market | Average days on market | Average vs Last Year |
|---|---|---|---|
| 2021 | 20 | 42 | |
| 2022 | 18 | 36 | -14.0% |
| 2023 | 28 | 51 | +40.3% |
| 2024 | 15 | 30 | -41.7% |
| 2025 | 12 | 38 | +29.3% |
| 2026 to date | 29 | 40 | +3.1% |
Days on market for condos is the MLS days on market field reported for each closed sale. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto condos days on market by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 26 week average 2026 | 26 week average 2025 | Average vs Last Year | County 26 week average 2026 |
|---|---|---|---|---|---|
| Jul 12 | 0 | 32 | 33 | -0.6% | 43 |
| Jul 19 | 0 | 33 | 33 | -1.3% | 43 |
| Jul 26 | 1 | 33 | 32 | +4.3% | 43 |
| Aug 2 | 0 | 34 | 37 | -9.1% | 43 |
| Aug 9 | 1 | 33 | 33 | +0.3% | 43 |
| Aug 16 | 2 | 35 | 34 | +4.4% | 43 |
| Aug 23 | 0 | 31 | 34 | -7.6% | 43 |
| Aug 30 | 2 | 31 | 34 | -7.1% | 43 |
| Sep 6 | 2 | 32 | 34 | -7.4% | 43 |
| Sep 13 | 2 | 34 | 35 | -3.2% | 44 |
| Sep 20 | 0 | 34 | 32 | +8.2% | 44 |
| Sep 27 | 3 | 37 | 34 | +9.5% | 45 |
| Oct 4 | 3 | 40 | 40 | +1.8% | 46 |
How many homes are for sale in Palo Alto?
There were 71 active listings in Palo Alto on October 4, 2026, down 43.2% vs Last Year. That is 2.5 months of supply at the pace of sales over the prior 13 weeks, against 3.4 months across Santa Clara County. There were 44 homes under contract in Palo Alto on October 4, 2026, against 799 across Santa Clara County.
Active listings every Sunday, Palo Alto, by week, 2021 to 2026, listings
Active listings, latest 13 weeks as text
Jul 12 91, Jul 19 95, Jul 26 88, Aug 2 87, Aug 9 82, Aug 16 90, Aug 23 90, Aug 30 102, Sep 6 93, Sep 13 102, Sep 20 107, Sep 27 104, Oct 4 96.
Palo Alto average active listings by year
| Year | Average active listings | vs Last Year |
|---|---|---|
| 2021 | 130 | |
| 2022 | 106 | -18.0% |
| 2023 | 88 | -17.2% |
| 2024 | 94 | +6.6% |
| 2025 | 105 | +11.6% |
| 2026 to date | 91 | -13.3% |
Active listings are counted every Sunday and include contingent listings, which have an accepted offer but remain on the market; listings under contract are counted separately. The annual figure is the average of the weekly counts, and the 2026 row averages the weeks through October 4, 2026.
Palo Alto active listings and homes under contract by week, 13 weeks ending October 4, 2026
| Week ending | Active 2026 | Active 2025 | Active vs Last Year | Under contract 2026 |
|---|---|---|---|---|
| Jul 12 | 91 | 120 | -24.2% | 34 |
| Jul 19 | 95 | 113 | -15.9% | 34 |
| Jul 26 | 88 | 115 | -23.5% | 36 |
| Aug 2 | 87 | 120 | -27.5% | 34 |
| Aug 9 | 82 | 117 | -29.9% | 34 |
| Aug 16 | 90 | 113 | -20.4% | 29 |
| Aug 23 | 90 | 116 | -22.4% | 33 |
| Aug 30 | 102 | 112 | -8.9% | 37 |
| Sep 6 | 93 | 118 | -21.2% | 45 |
| Sep 13 | 102 | 125 | -18.4% | 42 |
| Sep 20 | 107 | 125 | -14.4% | 45 |
| Sep 27 | 104 | 118 | -11.9% | 50 |
| Oct 4 | 96 | 125 | -23.2% | 54 |
Palo Alto active listings by price band, all property types, October 4, 2026
| Price band | Active listings | Share of listings | Months of supply |
|---|---|---|---|
| Under $1.5M | 17 | 24% | 6.1 |
| $1.5M to $2.5M | 15 | 21% | 4.3 |
| $2.5M and above | 39 | 55% | 1.8 |
| All price bands | 71 | 100% | 2.5 |
Price bands use the current list price of each active listing. Months of supply is active listings in the band divided by the average monthly closed sales in that band, by closing price, over the prior 13 weeks.
Palo Alto average active single family homes by year
| Year | Average active listings | vs Last Year |
|---|---|---|
| 2021 | 98 | |
| 2022 | 80 | -18.1% |
| 2023 | 70 | -12.2% |
| 2024 | 70 | -0.3% |
| 2025 | 74 | +5.0% |
| 2026 to date | 56 | -24.3% |
Active listings are counted every Sunday and include contingent listings. The annual figure is the average of the weekly counts for single family homes; the 2026 row averages the weeks through October 4, 2026.
Palo Alto active single family homes and single family homes under contract by week, 13 weeks ending October 4, 2026
| Week ending | Active 2026 | Active 2025 | Active vs Last Year | Under contract 2026 |
|---|---|---|---|---|
| Jul 12 | 56 | 84 | -33.3% | 29 |
| Jul 19 | 63 | 79 | -20.3% | 31 |
| Jul 26 | 54 | 81 | -33.3% | 33 |
| Aug 2 | 56 | 83 | -32.5% | 30 |
| Aug 9 | 54 | 83 | -34.9% | 29 |
| Aug 16 | 54 | 79 | -31.6% | 21 |
| Aug 23 | 57 | 84 | -32.1% | 24 |
| Aug 30 | 64 | 77 | -16.9% | 28 |
| Sep 6 | 61 | 84 | -27.4% | 37 |
| Sep 13 | 70 | 89 | -21.3% | 35 |
| Sep 20 | 71 | 91 | -22.0% | 33 |
| Sep 27 | 70 | 88 | -20.5% | 33 |
| Oct 4 | 64 | 93 | -31.2% | 38 |
Palo Alto average active townhomes by year
| Year | Average active listings | vs Last Year |
|---|---|---|
| 2021 | 7 | |
| 2022 | 6 | -13.0% |
| 2023 | 5 | -6.0% |
| 2024 | 6 | +18.0% |
| 2025 | 7 | +14.1% |
| 2026 to date | 10 | +38.8% |
Active listings are counted every Sunday and include contingent listings. The annual figure is the average of the weekly counts for townhomes; the 2026 row averages the weeks through October 4, 2026.
Palo Alto active townhomes and townhomes under contract by week, 26 weeks ending October 4, 2026
| Week ending | Active 2026 | Active 2025 | Active vs Last Year | Under contract 2026 |
|---|---|---|---|---|
| Jul 12 | 12 | 5 | +140.0% | 3 |
| Jul 19 | 9 | 5 | +80.0% | 1 |
| Jul 26 | 9 | 6 | +50.0% | 0 |
| Aug 2 | 9 | 8 | +12.5% | 0 |
| Aug 9 | 9 | 8 | +12.5% | 0 |
| Aug 16 | 12 | 12 | +0.0% | 2 |
| Aug 23 | 12 | 10 | +20.0% | 2 |
| Aug 30 | 15 | 11 | +36.4% | 2 |
| Sep 6 | 12 | 9 | +33.3% | 3 |
| Sep 13 | 12 | 8 | +50.0% | 2 |
| Sep 20 | 15 | 6 | +150.0% | 4 |
| Sep 27 | 14 | 6 | +133.3% | 7 |
| Oct 4 | 13 | 8 | +62.5% | 8 |
Palo Alto average active condos by year
| Year | Average active listings | vs Last Year |
|---|---|---|
| 2021 | 25 | |
| 2022 | 20 | -18.9% |
| 2023 | 12 | -40.1% |
| 2024 | 17 | +41.0% |
| 2025 | 24 | +37.2% |
| 2026 to date | 25 | +4.8% |
Active listings are counted every Sunday and include contingent listings. The annual figure is the average of the weekly counts for condos; the 2026 row averages the weeks through October 4, 2026.
Palo Alto active condos and condos under contract by week, 26 weeks ending October 4, 2026
| Week ending | Active 2026 | Active 2025 | Active vs Last Year | Under contract 2026 |
|---|---|---|---|---|
| Jul 12 | 23 | 31 | -25.8% | 2 |
| Jul 19 | 23 | 29 | -20.7% | 2 |
| Jul 26 | 25 | 28 | -10.7% | 3 |
| Aug 2 | 22 | 29 | -24.1% | 4 |
| Aug 9 | 19 | 26 | -26.9% | 5 |
| Aug 16 | 24 | 22 | +9.1% | 6 |
| Aug 23 | 21 | 22 | -4.5% | 7 |
| Aug 30 | 23 | 24 | -4.2% | 7 |
| Sep 6 | 20 | 25 | -20.0% | 5 |
| Sep 13 | 20 | 28 | -28.6% | 5 |
| Sep 20 | 21 | 28 | -25.0% | 8 |
| Sep 27 | 20 | 24 | -16.7% | 10 |
| Oct 4 | 19 | 24 | -20.8% | 8 |
How many homes sold in Palo Alto this year?
403 homes closed in Palo Alto from January 1 through October 4, 2026, up 5.8% from the 381 that closed over the same weeks of 2025. Total sales volume for the period is $1.67B, up 8.0% vs Last Year. Over the latest 13 weeks, 121 closed, against 135 a year earlier.
Closed sales per week, Palo Alto, 2021 to 2026, trailing 13 week average with the 2026 weekly count, homes
Closed sales per week, latest 13 weeks as text
Jul 12 7, Jul 19 8, Jul 26 8, Aug 2 7, Aug 9 10, Aug 16 12, Aug 23 4, Aug 30 10, Sep 6 10, Sep 13 10, Sep 20 9, Sep 27 15, Oct 4 11.
Palo Alto closed sales by year
| Year | Closed sales | vs Last Year |
|---|---|---|
| 2021 | 651 | |
| 2022 | 456 | -30.0% |
| 2023 | 390 | -14.5% |
| 2024 | 461 | +18.2% |
| 2025 | 496 | +7.6% |
| 2026 to date | 403 | -18.8% |
Closed sales are counted by closing date. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto closed sales by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed 2026 | Closed 2025 | 13 week total 2026 | 13 week total 2025 | 13 week total vs Last Year |
|---|---|---|---|---|---|
| Jul 12 | 7 | 9 | 160 | 147 | +8.8% |
| Jul 19 | 8 | 6 | 155 | 139 | +11.5% |
| Jul 26 | 8 | 12 | 152 | 140 | +8.6% |
| Aug 2 | 7 | 8 | 147 | 142 | +3.5% |
| Aug 9 | 10 | 11 | 141 | 135 | +4.4% |
| Aug 16 | 12 | 12 | 132 | 138 | -4.3% |
| Aug 23 | 4 | 15 | 124 | 141 | -12.1% |
| Aug 30 | 10 | 10 | 119 | 142 | -16.2% |
| Sep 6 | 10 | 8 | 118 | 134 | -11.9% |
| Sep 13 | 10 | 6 | 119 | 124 | -4.0% |
| Sep 20 | 9 | 11 | 119 | 127 | -6.3% |
| Sep 27 | 15 | 11 | 120 | 127 | -5.5% |
| Oct 4 | 11 | 16 | 121 | 135 | -10.4% |
Palo Alto single family homes closed sales by year
| Year | Closed sales | vs Last Year |
|---|---|---|
| 2021 | 522 | |
| 2022 | 345 | -33.9% |
| 2023 | 310 | -10.1% |
| 2024 | 367 | +18.4% |
| 2025 | 390 | +6.3% |
| 2026 to date | 301 | -22.8% |
Closed sales are counted by closing date. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto single family homes closed sales by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed 2026 | Closed 2025 | 13 week total 2026 | 13 week total 2025 | 13 week total vs Last Year |
|---|---|---|---|---|---|
| Jul 12 | 5 | 6 | 119 | 120 | -0.8% |
| Jul 19 | 7 | 6 | 117 | 114 | +2.6% |
| Jul 26 | 7 | 9 | 114 | 114 | +0.0% |
| Aug 2 | 7 | 6 | 110 | 115 | -4.3% |
| Aug 9 | 9 | 7 | 107 | 106 | +0.9% |
| Aug 16 | 10 | 9 | 101 | 108 | -6.5% |
| Aug 23 | 4 | 13 | 96 | 111 | -13.5% |
| Aug 30 | 6 | 9 | 90 | 113 | -20.4% |
| Sep 6 | 7 | 7 | 88 | 108 | -18.5% |
| Sep 13 | 8 | 5 | 91 | 98 | -7.1% |
| Sep 20 | 8 | 7 | 93 | 98 | -5.1% |
| Sep 27 | 12 | 10 | 95 | 100 | -5.0% |
| Oct 4 | 7 | 15 | 97 | 109 | -11.0% |
Palo Alto townhomes closed sales by year
| Year | Closed sales | vs Last Year |
|---|---|---|
| 2021 | 44 | |
| 2022 | 36 | -18.2% |
| 2023 | 35 | -2.8% |
| 2024 | 26 | -25.7% |
| 2025 | 26 | +0.0% |
| 2026 to date | 29 | +11.5% |
Closed sales are counted by closing date. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto townhomes closed sales by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed 2026 | Closed 2025 | 26 week total 2026 | 26 week total 2025 | 26 week total vs Last Year |
|---|---|---|---|---|---|
| Jul 12 | 2 | 0 | 22 | 13 | +69.2% |
| Jul 19 | 1 | 0 | 22 | 12 | +83.3% |
| Jul 26 | 0 | 0 | 22 | 12 | +83.3% |
| Aug 2 | 0 | 0 | 22 | 12 | +83.3% |
| Aug 9 | 0 | 0 | 21 | 12 | +75.0% |
| Aug 16 | 0 | 1 | 20 | 13 | +53.8% |
| Aug 23 | 0 | 0 | 18 | 12 | +50.0% |
| Aug 30 | 2 | 1 | 18 | 12 | +50.0% |
| Sep 6 | 1 | 1 | 18 | 13 | +38.5% |
| Sep 13 | 0 | 1 | 18 | 14 | +28.6% |
| Sep 20 | 1 | 1 | 19 | 15 | +26.7% |
| Sep 27 | 0 | 0 | 17 | 15 | +13.3% |
| Oct 4 | 1 | 0 | 17 | 15 | +13.3% |
Palo Alto condos closed sales by year
| Year | Closed sales | vs Last Year |
|---|---|---|
| 2021 | 85 | |
| 2022 | 75 | -11.8% |
| 2023 | 45 | -40.0% |
| 2024 | 68 | +51.1% |
| 2025 | 80 | +17.6% |
| 2026 to date | 73 | -8.8% |
Closed sales are counted by closing date. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.
Palo Alto condos closed sales by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed 2026 | Closed 2025 | 26 week total 2026 | 26 week total 2025 | 26 week total vs Last Year |
|---|---|---|---|---|---|
| Jul 12 | 0 | 3 | 56 | 38 | +47.4% |
| Jul 19 | 0 | 0 | 54 | 37 | +45.9% |
| Jul 26 | 1 | 3 | 55 | 39 | +41.0% |
| Aug 2 | 0 | 2 | 52 | 38 | +36.8% |
| Aug 9 | 1 | 4 | 52 | 39 | +33.3% |
| Aug 16 | 2 | 2 | 53 | 41 | +29.3% |
| Aug 23 | 0 | 2 | 49 | 43 | +14.0% |
| Aug 30 | 2 | 0 | 50 | 43 | +16.3% |
| Sep 6 | 2 | 0 | 52 | 42 | +23.8% |
| Sep 13 | 2 | 0 | 52 | 41 | +26.8% |
| Sep 20 | 0 | 3 | 50 | 43 | +16.3% |
| Sep 27 | 3 | 1 | 51 | 39 | +30.8% |
| Oct 4 | 3 | 1 | 52 | 37 | +40.5% |
Do Palo Alto homes sell above asking price?
Yes. Closed sales in Palo Alto averaged 107.1% of final list price over the 13 weeks ending October 4, 2026, up 3.5 points vs Last Year, against 102.6% across Santa Clara County. A ratio above 100% means the typical home closed above its final list price.
Sale to list ratio, Palo Alto, trailing 13 weeks, by week, 2021 to 2026, with the 2026 Santa Clara County ratio, percent
Sale to list ratio, latest 13 weeks as text
Jul 12 104.3%, Jul 19 104.4%, Jul 26 104.0%, Aug 2 104.4%, Aug 9 104.3%, Aug 16 104.5%, Aug 23 105.0%, Aug 30 104.7%, Sep 6 105.1%, Sep 13 105.2%, Sep 20 106.2%, Sep 27 106.6%, Oct 4 107.1%. Santa Clara County 13 week ratio, same weeks: Jul 12 103.2%, Aug 9 102.7%, Sep 6 102.4%, Oct 4 102.6%.
Palo Alto sale to list ratio by year
| Year | Sale to list ratio | vs Last Year, points | County ratio |
|---|---|---|---|
| 2021 | 104.9% | 107.5% | |
| 2022 | 104.5% | -0.4 | 106.6% |
| 2023 | 100.7% | -3.8 | 103.1% |
| 2024 | 103.4% | +2.7 | 105.4% |
| 2025 | 103.9% | +0.5 | 103.8% |
| 2026 to date | 104.7% | +0.8 | 103.6% |
Sale to list ratio is the average closing price divided by the average final list price across closed sales for the period. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025. Changes are shown in percentage points.
Palo Alto sale to list ratio by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 13 week ratio 2026 | 13 week ratio 2025 | vs Last Year, points | County 13 week ratio 2026 |
|---|---|---|---|---|---|
| Jul 12 | 7 | 104.3% | 104.5% | -0.2 | 103.2% |
| Jul 19 | 8 | 104.4% | 104.4% | +0.0 | 103.1% |
| Jul 26 | 8 | 104.0% | 104.2% | -0.3 | 102.9% |
| Aug 2 | 7 | 104.4% | 103.7% | +0.6 | 102.8% |
| Aug 9 | 10 | 104.3% | 103.3% | +1.0 | 102.7% |
| Aug 16 | 12 | 104.5% | 102.9% | +1.6 | 102.6% |
| Aug 23 | 4 | 105.0% | 103.2% | +1.9 | 102.6% |
| Aug 30 | 10 | 104.7% | 103.1% | +1.5 | 102.4% |
| Sep 6 | 10 | 105.1% | 103.3% | +1.8 | 102.4% |
| Sep 13 | 10 | 105.2% | 103.2% | +2.0 | 102.3% |
| Sep 20 | 9 | 106.2% | 103.3% | +2.9 | 102.5% |
| Sep 27 | 15 | 106.6% | 103.4% | +3.2 | 102.5% |
| Oct 4 | 11 | 107.1% | 103.6% | +3.5 | 102.6% |
Palo Alto single family homes sale to list ratio by year
| Year | Sale to list ratio | vs Last Year, points |
|---|---|---|
| 2021 | 105.1% | |
| 2022 | 104.6% | -0.5 |
| 2023 | 100.5% | -4.1 |
| 2024 | 103.5% | +3.0 |
| 2025 | 104.0% | +0.5 |
| 2026 to date | 105.1% | +1.0 |
Sale to list ratio is the average closing price divided by the average final list price across closed single family homes for the period. Changes are shown in percentage points.
Palo Alto single family homes sale to list ratio by week, 13 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 13 week ratio 2026 | 13 week ratio 2025 | vs Last Year, points | County 13 week ratio 2026 |
|---|---|---|---|---|---|
| Jul 12 | 5 | 104.8% | 104.6% | +0.2 | 103.6% |
| Jul 19 | 7 | 104.9% | 104.5% | +0.4 | 103.4% |
| Jul 26 | 7 | 104.4% | 104.3% | +0.1 | 103.2% |
| Aug 2 | 7 | 104.8% | 103.8% | +1.0 | 103.1% |
| Aug 9 | 9 | 104.7% | 103.4% | +1.3 | 103.0% |
| Aug 16 | 10 | 105.0% | 102.8% | +2.1 | 102.9% |
| Aug 23 | 4 | 105.6% | 103.2% | +2.4 | 102.9% |
| Aug 30 | 6 | 105.1% | 103.1% | +2.0 | 102.7% |
| Sep 6 | 7 | 105.8% | 103.2% | +2.7 | 102.7% |
| Sep 13 | 8 | 105.9% | 103.1% | +2.8 | 102.6% |
| Sep 20 | 8 | 107.0% | 103.4% | +3.6 | 102.8% |
| Sep 27 | 12 | 107.4% | 103.4% | +3.9 | 102.9% |
| Oct 4 | 7 | 107.7% | 103.7% | +4.0 | 102.9% |
Palo Alto townhomes sale to list ratio by year
| Year | Sale to list ratio | vs Last Year, points |
|---|---|---|
| 2021 | 107.2% | |
| 2022 | 105.6% | -1.6 |
| 2023 | 104.0% | -1.6 |
| 2024 | 104.5% | +0.5 |
| 2025 | 106.5% | +2.0 |
| 2026 to date | 103.3% | -3.2 |
Sale to list ratio is the average closing price divided by the average final list price across closed townhomes for the period. Changes are shown in percentage points.
Palo Alto townhomes sale to list ratio by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 26 week ratio 2026 | 26 week ratio 2025 | vs Last Year, points | County 26 week ratio 2026 |
|---|---|---|---|---|---|
| Jul 12 | 2 | 104.5% | 104.9% | -0.5 | 103.0% |
| Jul 19 | 1 | 103.6% | 105.8% | -2.2 | 103.0% |
| Jul 26 | 0 | 103.6% | 105.8% | -2.2 | 103.0% |
| Aug 2 | 0 | 103.6% | 105.8% | -2.2 | 103.0% |
| Aug 9 | 0 | 103.6% | 105.8% | -2.2 | 102.9% |
| Aug 16 | 0 | 103.8% | 107.3% | -3.5 | 102.8% |
| Aug 23 | 0 | 103.4% | 107.5% | -4.2 | 102.8% |
| Aug 30 | 2 | 103.0% | 106.7% | -3.8 | 102.6% |
| Sep 6 | 1 | 102.6% | 107.6% | -5.0 | 102.4% |
| Sep 13 | 0 | 102.6% | 109.4% | -6.8 | 102.3% |
| Sep 20 | 1 | 102.4% | 108.8% | -6.3 | 102.1% |
| Sep 27 | 0 | 100.8% | 108.8% | -7.9 | 102.1% |
| Oct 4 | 1 | 100.2% | 108.8% | -8.6 | 102.0% |
Palo Alto condos sale to list ratio by year
| Year | Sale to list ratio | vs Last Year, points |
|---|---|---|
| 2021 | 100.7% | |
| 2022 | 102.0% | +1.3 |
| 2023 | 99.9% | -2.1 |
| 2024 | 100.9% | +1.0 |
| 2025 | 100.8% | -0.1 |
| 2026 to date | 100.7% | -0.1 |
Sale to list ratio is the average closing price divided by the average final list price across closed condos for the period. Changes are shown in percentage points.
Palo Alto condos sale to list ratio by week, 26 weeks ending October 4, 2026, against the same weeks of 2025
| Week ending | Closed sales that week | 26 week ratio 2026 | 26 week ratio 2025 | vs Last Year, points | County 26 week ratio 2026 |
|---|---|---|---|---|---|
| Jul 12 | 0 | 100.4% | 102.5% | -2.1 | 99.7% |
| Jul 19 | 0 | 100.4% | 102.5% | -2.1 | 99.8% |
| Jul 26 | 1 | 100.4% | 102.6% | -2.2 | 99.7% |
| Aug 2 | 0 | 100.4% | 101.9% | -1.5 | 99.7% |
| Aug 9 | 1 | 100.4% | 102.0% | -1.6 | 99.7% |
| Aug 16 | 2 | 100.1% | 101.8% | -1.7 | 99.7% |
| Aug 23 | 0 | 100.1% | 101.6% | -1.5 | 99.6% |
| Aug 30 | 2 | 99.9% | 101.6% | -1.6 | 99.5% |
| Sep 6 | 2 | 100.0% | 101.6% | -1.6 | 99.4% |
| Sep 13 | 2 | 100.1% | 101.5% | -1.4 | 99.4% |
| Sep 20 | 0 | 100.2% | 101.5% | -1.3 | 99.4% |
| Sep 27 | 3 | 100.8% | 101.0% | -0.3 | 99.4% |
| Oct 4 | 3 | 100.6% | 100.9% | -0.2 | 99.4% |
Your neighbors are selling. Should you?
Palo Alto closed sales averaged 107.1% of final list price over the 13 weeks ending October 4, 2026 and the 2026 year to date median sale price is $3.56M. Get a current valuation built from the same MLS data on this page.
Palo Alto home prices by property type
The 2026 year to date median sale price in Palo Alto was $4.20M for a single family home, $1.81M for a townhome, and $1.38M for a condo. The average sale prices were $4.98M, $1.90M, and $1.62M.
Palo Alto 2026 year to date by property type
| Property type | Median sale price | Average sale price | Median price per sq ft | Average price per sq ft | Median days on market | Average days on market | Sale to list | Closed sales |
|---|---|---|---|---|---|---|---|---|
| Single Family | $4.20M | $4.98M | $2,157 | $2,238 | 8 | 20 | 105.1% | 301 |
| Townhome | $1.81M | $1.90M | $1,185 | $1,231 | 20 | 31 | 103.3% | 29 |
| Condo | $1.38M | $1.62M | $1,049 | $1,107 | 29 | 40 | 100.7% | 73 |
Property types follow the MLSListings Inc. classification of each closed sale. Figures cover January 1 through October 4, 2026.
How has the Palo Alto market changed over 5 years?
Comparing the same weeks of each year, January through October 4, 2026, the median sale price in Palo Alto moved from $3.24M in 2021 to $3.56M in 2026, a total change of +10.0%.
Palo Alto 5 year change, January through October 4, 2026, 2021 to 2026
| Metric | 2021 to date | 2026 to date | 5 year change |
|---|---|---|---|
| Median sale price | $3.24M | $3.56M | +10.0% |
| Average sale price | $3.45M | $4.15M | +20.4% |
| Median price per square foot | $1,637 | $2,000 | +22.2% |
| Average price per square foot | $1,653 | $1,961 | +18.6% |
| Median days on market | 9 | 9 | +0 days |
| Average days on market | 25 | 24 | -1 days |
| Sale to list ratio | 104.2% | 104.7% | +0.4 |
| Closed sales, January 1 through October 4, 2026 | 490 | 403 | -17.8% |
Each year is measured from January 1 through the matching week of that year, so the comparison covers the same weeks in every year.
Palo Alto housing market: ten year history, 2017 to 2026
Across ten years of MLSListings Inc. closed sales, the Palo Alto median sale price rose from $2.68M in 2017 to $3.50M in 2025, the last full year, and stands at $3.56M for 2026 through September. The rise was not a straight line: the median fell in 2019, 2020, 2022, and 2023, then climbed every year from 2024. Closed sales peaked at 651 in 2021 and reached their low of 372 in 2019. Homes sold fastest in 2018 at an average of 18 days on market and slowest in 2019 at 30 days, and the sale to list ratio has run 99 to 107% across the series. Against the county, Palo Alto has sat above the Santa Clara County median in every year of the series.
Palo Alto by year, all property types, 2017 to 2026
| Year | Median sale price | Average sale price | Median price per sq ft | Closed sales | Average days on market | Sale to list |
|---|---|---|---|---|---|---|
| 2017 | $2.68M | $3.13M | $1,471 | 411 | 19 | 106.0% |
| 2018 | $2.97M | $3.37M | $1,604 | 401 | 18 | 105.7% |
| 2019 | $2.82M | $3.12M | $1,519 | 372 | 30 | 100.9% |
| 2020 | $2.75M | $3.12M | $1,543 | 430 | 29 | 99.1% |
| 2021 | $3.31M | $3.47M | $1,644 | 651 | 25 | 104.9% |
| 2022 | $3.30M | $3.46M | $1,724 | 456 | 21 | 104.5% |
| 2023 | $3.10M | $3.41M | $1,705 | 390 | 28 | 100.7% |
| 2024 | $3.41M | $3.71M | $1,802 | 461 | 21 | 103.4% |
| 2025 | $3.50M | $4.01M | $1,899 | 496 | 26 | 103.9% |
| 2026, Jan to Sep | $3.56M | $4.16M | $2,000 | 398 | 24 | 104.7% |
Ten year figures are calculated by Aegis Luxury Real Estate from every closed single family, townhome, and condo sale in Palo Alto reported to MLSListings Inc., using the same definitions as every other table on this page. Annual rows are full calendar years; 2026 covers January through September. Active listing and pending counts are not shown for earlier years. The full Santa Clara County ten year history, by property type, is on the Santa Clara County housing market page.
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How every figure on this page is produced. The same definitions apply to every city report and the Santa Clara County report.
Show all 19 definitions
| Item | Definition |
|---|---|
| Source | Closed sales, active listings, and listings under contract reported to MLSListings Inc. Statistics are calculated by Aegis Luxury Real Estate from that data. |
| Geographic coverage | A sale is counted in Palo Alto when the MLSListings Inc. city field for the property is Palo Alto and the property is in Santa Clara County. |
| Property types | Single family homes, townhomes, and condos, as classified by MLSListings Inc. Figures marked all property types combine the three. |
| Median | The middle value when every closed sale in the period is ranked, calculated from individual sales. |
| Average | The total of all values in the period divided by the number of closed sales. |
| Days on market | The MLS days on market field reported for each closed sale. Sales without that field are left out of the days on market figures. |
| Reporting week | Weeks run Monday through Sunday. The page updates every Monday and covers the week that ended the day before. |
| Trailing 13 weeks | The 13 completed weeks ending with the latest reporting week. Medians, averages, ratios and counts for a period of weeks are calculated from the individual sales that closed inside those 13 weeks. This is the main window for the headline figures because a single week in one city holds too few sales for a stable median. |
| Active listings | Listings on the market every Sunday: listed on or before that day and not yet closed, canceled, expired, withdrawn, or pending. Contingent listings, which have an accepted offer but remain on the market, are included. Months of supply is calculated from this count. |
| Pending sales | Listings under contract every Sunday: contract date on or before that day and not yet closed, whether pending or contingent. Contingent listings appear in both the active and the pending counts, so the two figures are not added together. Pending counts begin in September 2025. |
| Months of supply | Active listings on the latest Sunday divided by the average monthly closed sales over the prior 13 weeks. |
| Sale to list ratio | Average closing price divided by average final list price across closed sales in the period. |
| vs Last Year | The same weeks one year earlier: the 13 weeks ending on the matching Sunday of the prior year. |
| Year to date | January 1 through the latest reporting week, compared with the same weeks of the prior year. |
| Last 52 weeks | The 52 completed weeks ending with the latest reporting week, compared with the 52 weeks before them. |
| County comparisons | County figures cover residential sales in the 15 incorporated cities of Santa Clara County; unincorporated areas are not included. County medians are calculated from every qualifying sale across the 15 incorporated cities, not from city medians. County averages and ratios are weighted by closed sales. |
| Historical coverage | Annual history runs from January 2017. Weekly active listing counts begin in January 2021, so inventory history starts there. |
| Update cadence | Statistics update every Monday and always cover the previous completed week. Listing data referenced in the MLS disclosure refreshes separately. |
| Small samples | When a period has fewer than 10 closed sales, the page shows the sale count and notes that medians and averages can move sharply. A single week in a city usually falls below 10, so weekly rows show the count of closed sales and the trailing 13 week figures; year to date and last 52 weeks figures are the steadier read. |
Palo Alto market questions, answered
The questions Timothy hears most about the Palo Alto market. Every figure below reads from the same data as the tables above.
What is the median home price in Palo Alto?
The median sale price in Palo Alto was $3.85M over the 13 weeks ending October 4, 2026, up 5.9% vs Last Year, against a Santa Clara County median of $1.60M.
Are home prices going up in Palo Alto?
For 2026 to date, measured january 1 through october 4, 2026, the median sale price in Palo Alto is $3.56M, up 0.2% vs Last Year.
How long does it take to sell a home in Palo Alto?
Homes in Palo Alto sold in a median of 9 days on market over the 13 weeks ending October 4, 2026, and an average of 27 days.
How many homes are for sale in Palo Alto?
There were 71 active listings in Palo Alto on October 4, 2026, or 2.5 months of supply at the pace of the prior 13 weeks.
Do homes in Palo Alto sell above asking price?
Closed sales in Palo Alto averaged 107.1% of final list price over the 13 weeks ending October 4, 2026. A ratio above 100% means the typical home closed above its final list price, which it did over this period.
How many homes have sold in Palo Alto this year?
403 homes closed in Palo Alto from January 1 through October 4, 2026.
How often is this Palo Alto market data updated?
Every Monday. The page always covers the previous completed week, so the figures above are the week ending October 4, 2026. Active listings and listings under contract are counted every Sunday.
Which cities border Palo Alto?
Los Altos, Los Altos Hills, Mountain View, Sunnyvale, Cupertino, Santa Clara, San Jose, Campbell, Saratoga, and Milpitas. Each has its own market report with the same definitions and the same weekly cadence.
Timothy Alston
Broker, DRE# 01328224, Aegis Luxury Real Estate. 23 years in Silicon Valley.
I built this entire data platform because I believe buyers and sellers deserve transparent, current market intelligence, not guesswork. Every figure on every city page comes from the same MLS feed I use to advise my clients. The difference between a good deal and a great deal is knowing what the data says before you sit down at the table.
Schedule a consultation (408) 207-4593From the Palo Alto desk
Local market commentary and analysis for Palo Alto
Palo Alto Homes: Are You Reading the Market Right?
Palo Alto homes occupy one of the most closely watched real estate markets in the country.
Homes in Palo Alto: What Makes This Community Worth Knowing?
Homes in Palo Alto sit at the intersection of intellectual energy, natural beauty, and civic pride that few California cities can genuinely claim.
Palo Alto Buy House: Are You Reading the Market Right?
When you decide to palo alto buy house, the single most important thing to understand is that this market rewards preparation over impulse.
Palo Alto resources
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