Top Home Sales in Palo Alto: November 3 Week Highlights

A recent report has revealed the top home sales in Palo Alto for the week of November 3, 2023. Leading the list is a condominium that sold for $1.4 million, marking it as the most affordable transaction in the area during that period. The overall average price of real estate in Palo Alto reached $4.1 million, with an average price per square foot of $1,886. In total, 16 home sales were recorded, showcasing a diverse range of properties, each averaging 2,164 square feet, featuring three bedrooms and one bathroom.

The following highlights detail the top ten real estate deals closed during this week:

Top 10 Home Sales

10. A single-family residence on Cherry Oaks Place sold for $3.6 million. The home, constructed in 1974, offers 2,542 square feet of living space with four bedrooms and three bathrooms, amounting to a price per square foot of $1,416.

9. Another single-family home in the 3900 block of Duncan Place was sold for $3.55 million. Built in 1953, this property spans 1,795 square feet and features three bedrooms and three bathrooms, translating to a price per square foot of $1,978.

8. The 3400 block of Janice Way saw a home sell for $3.218 million. Constructed in 1957, it offers 1,878 square feet with four bedrooms and two bathrooms, priced at $1,714 per square foot.

7. A residence on South Court changed hands for $3.15 million. This 1,060-square-foot home was built in 1954 and includes three bedrooms and two bathrooms, resulting in a price per square foot of $2,972.

6. The 500 block of Addison Avenue recorded a sale at $2.8 million. Built in 1898, this property has 1,219 square feet of space, featuring three bedrooms and two bathrooms, priced at $2,297 per square foot.

5. A triplex in the 700 block of Waverley Street was sold for $2.7 million. This property features 2,448 square feet and was built in 1910, amounting to a price of $1,103 per square foot.

4. The sale of a single-family house in the 600 block of Channing Avenue was finalized for $2.4 million. This home, constructed in 1939, measures 1,146 square feet with three bedrooms and two bathrooms, translating to $2,094 per square foot.

3. A condominium located in the 300 block of Homer Avenue sold for $2.375 million. With a living area of 1,544 square feet, this 2004 build features two bedrooms and two bathrooms, priced at $1,538 per square foot.

2. Another condominium in the 200 block of High Street sold for $1.7 million. Built in 1980, it offers 1,338 square feet of space with three bedrooms and two bathrooms, resulting in a price per square foot of $1,271.

1. Finally, the 4100 block of Thain Way saw the sale of a condominium for $1.4 million. This property was built in 1980 and has 1,445 square feet, featuring two bedrooms and two bathrooms, with a price per square foot of $969.

These figures illustrate the competitive real estate landscape in Palo Alto, where the average home price remains significantly high. As the market continues to evolve, these transactions reflect both the demand for housing and the diversity of options available in the area. Data for this report was compiled from public records registered by local county offices, ensuring accuracy in the information presented.