Buyer's Market
▲ Heating UpOld Palo Alto, Palo Alto Market Update
Old Palo Alto is shifting toward buyers. Here's where things stand:
- 42.5 days on market gives buyers time to be selective and negotiate
- Selling 2% below asking — sellers are flexible on price
- Monthly payment: $56,368 (20% down) — 5.7x the Bay Area average
- Prices still rising (123.8% YoY) despite fewer bidding wars — limited supply is the driver
- Old Palo Alto pricing is 252% above the Palo Alto median ($11.30M vs. $3.21M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$11.30M
▲ 123.8% YoY
5 sold this month
Up $6.25M from last year
Days on Market
42.5 days
▼ -44d YoY
Buyers have time to decide
Sale-to-List Ratio
97.9%
▼ from 109.2%
Selling 2% below asking
Active Inventory
6
Very low — limited options for buyers
Sold Above List
20%
▼ -47pp YoY
Few bidding wars right now
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
60%
▲ 23pp YoY
Most go pending within 2 weeks
Monthly Payment
$56,368
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $11.30M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$5,775/mo on the median Old Palo Alto home. Your actual rate depends on your credit, down payment, and loan type.Old Palo Alto Trends
Median Sale Price
Up 123.8% year-over-year in Old Palo Alto.
What You'd Actually Pay Per Month
Monthly cost is up 106% year-over-year in Old Palo Alto.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Old Palo Altowell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Old Palo Alto
Market data: Redfin Data Center · Rates: FRED / Federal Reserve · Updated weekly · Data through Feb 2026
© 2026Melanie Tan, 8 Blocks Real Estate · DRE #02014153
© 2026Melanie Tan, 8 Blocks Real Estate · DRE #02014153