"A house that sold for $12.5 million tops the list of the most expensive residential real estate sales in Palo Alto in the past week. In total, 14 residential real estate sales were recorded in the area during the past week, with an average price of $4.7 million. The average price per square foot ended up at $1,864. The prices in the list below include real estate sales where the title was recorded during the week of July 21"
"7. $4.4 million, single-family house in the 1800 block of Edgewood Drive A sale has been finalized for a detached house in the 1800 block of Edgewood Drive in Palo Alto. The price was $4,400,000. The house was built in 1950 and the living area totals 1,997 square feet. The price per square foot ended up at $2,203. The house features 4 bedrooms and 4 bathrooms. Edgewood Drive"
A house that sold for $12.5 million was the most expensive residential sale in Palo Alto during the week. Fourteen residential real estate sales were recorded, with an average sale price of $4.7 million and an average price per square foot of $1,864. The weekly recorded sales reflect title recordings during the week of July 21, regardless of earlier sale agreements. Lower-ranked transactions included homes priced from $3.0 million to $4.6 million, with per-square-foot values ranging roughly from $1,813 to $2,460. Properties dated from the 1950s commonly featured between three and four bedrooms and two to four bathrooms.
Read at www.mercurynews.com
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