"A condo in Palo Alto that sold for $1.4 million tops the list of the most affordable real estate sales in Palo Alto in the past week. For comparison, the overall average price of real estate in the area during that time was $4.1 million. The average price per square foot ended up at $1,886. A total of 16 home sales were recorded for the period with an average square footage of 2,164 square feet, 3 bedrooms, and 1 bathroom."
"10. $3.6 million, detached house in the 4100 block of Cherry Oaks Place The sale of the single family residence in the 4100 block of Cherry Oaks Place in Palo Alto has been finalized. The price was $3,600,000, and the new owners took over the house in October. It was built in 1974 and has a living area of 2,542 square feet. The price per square foot was $1,416. The house features 4 bedrooms and 3 bathrooms."
A Palo Alto condo sold for $1.4 million, representing the lowest-priced recorded sale during the period. The overall average price for real estate in the area was $4.1 million, with an average price per square foot of $1,886. Sixteen home sales were recorded, averaging 2,164 square feet, three bedrooms, and one bathroom. The top-10 list covers properties priced between $300,000 and $10,000,000. Recorded title dates fall within the week of Nov. 3, even if some properties sold earlier. Individual listings include single-family homes priced around $3.2–$3.6 million with varied ages, sizes, and per-square-foot values.
Read at The Mercury News
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