Silicon Valley Real Estate Housing Sales for the City of Palo Alto ~ December 2009 to December 2008 ~ Stats & Graphs

The Dec 2009 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 26 sales receiving 97.47% of list price. These closings represented a median price of $1,240,750 and an average price of $1,432,726. There were 22 new listings reported reported for December. Total Sales: $37,250,890

The Dec 2008 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 22 sales receiving 99.09% of list price. These closings represented a median price of $1,365,000 and an average price of $1,429,363. There were 20 new listings reported reported for December. Total Sales: $31,446,000

Real Estate Market Chart by Altos Research www.altosresearch.com

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Dec 2009~ Palo Alto Condos/Townhouses had 10 closed sales receiving 95.51% of list price. These closings represented a median price of $672,500 and an average price of $673,824. There were 6 new listings reported for December. Total Sales: $6,738,240

Dec 2008~ Palo Alto Condos/Townhouses had 6 closed sales receiving 96.86% of list price. These closings represented a median price of $524,500 and an average price of $540,333. There were 3 new listings reported for December. Total Sales: $3,242,000 Real Estate Market Chart by Altos Research www.altosresearch.com

Dec 2009~Single-Family Homes in Palo Alto had an average of 51 DOM. Condos/Townhouses had an average of 68 DOM.

Dec 2008~Single-Family Homes in Palo Alto had an average of 37 DOM. Condos/Townhouses had an average of 53 DOM.