New Growth in Contracts for Palo Alto Real Estate Market

Home sales rose to one home sold over the last 30 days, providing a lift to the Palo Alto market. That may continue, due to a six-week upward trend for contracts, with three in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Even with the rising contracts, with eight months of inventory available, Palo Alto is a still definite buyer's market.

Get started right now by checking out Palo Alto homes for sale or reviewing Palo Alto real estate trends.

Demographic facts about Palo Alto:

  • This area has a population growth rating of 58. (Scale: 1 = Worst, 100 = Best)
  • This area has 136.2 physicians per 100,000 people.
  • This area has a health cost index score of 96.8. (100 = national average)
  • 79.1% of the residents travel to work in an automobile, 12.5% via carpool, and 0.0% by way of public transit.

Data reported through 10/12/2016

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