Balanced Market
▲ Heating UpProfessorville, Palo Alto Market Update
Professorville is a balanced market — a good environment for thoughtful decisions on both sides:
- Homes sit for about 19 days — enough time to tour, but don't wait too long
- Selling at or just above list price — fair offers still win here
- Monthly payment: $23,196 (20% down) — 2.3x the Bay Area average
- Professorville pricing is 45% above the Palo Alto median ($4.65M vs. $3.21M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$4.65M
▼ -36.3% YoY
6 sold this month
Down $2.65M from last year
Days on Market
19 days
▼ -316d YoY
Typically sells within a month
Sale-to-List Ratio
100.6%
▲ from 93.0%
Selling at or just above asking
Active Inventory
1
Very low — limited options for buyers
Sold Above List
50%
▲ 50pp YoY
More than half sell above asking
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
75%
▲ 75pp YoY
8 in 10 go pending within 2 weeks
Monthly Payment
$23,196
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $4.65M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$2,376/mo on the median Professorville home. Your actual rate depends on your credit, down payment, and loan type.Professorville Trends
Median Sale Price
Down 36.3% year-over-year. The market is adjusting.
What You'd Actually Pay Per Month
Monthly cost has eased 41% year-over-year.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Professorvillewell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Professorville
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