Real Estate For Sale In Palo Alto

Homebuying pace plunges …

We've all seen reports about the low number of home sales and the high cost of a home. This is true for Palo Alto real estate. On Sept 21, 2023, the San Jose Mercury News published an article about...

Low DOM For Palo Alto Houses

Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market for Palo Alto real estate stays very low with only occasional...

Homebuying pace plunges …

We’ve all seen reports about the low number of home sales and the high cost of a home. This is true for Palo Alto real estate. On Sept 21, 2023, the San Jose Mercury News published an article about falling home sales. The author, Jonathan Lansner, created graphs...

Average Size Of Palo Alto House Sold Spikes Up

An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value. Although the Palo Alto house price per sq. ft. did not change dramatically, the spike in...

New Townhouses Coming – Summerhill Homes

Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed development would have 48 three-story townhouses. The rendering of the front...

1031 Exchange – 45 Days, 180 Days

A 1031 exchange enables you to defer paying income taxes on your investment property’s appreciation when you sell it if you invest all of the investment into a like-kind property. The most worrisome issue for many investors in Silicon Valley is finding and...