"A condo in Palo Alto that sold for $2 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 Palo Alto during the last week was $4.4 million, or $1,984 per square foot. A total of 11 home sales were recorded for the period with an average square footage of 2,198 square feet, 3 bedrooms, and 1 bathroom."
"10. $6 million, single-family residence in the 500 block of Lincoln Ave. The property in the 500 block of Lincoln Ave. in Palo Alto has new owners. The price was $6,000,000. The house was built in 1932 and has a living area of 1,179 square feet. The price per square foot is $5,089. The house features 2 bedrooms and 1 bathroom."
"9. $5.5 million, single-family home in the 500 block of Glenbrook Drive A sale has been finalized for the single-family house in the 500 block of Glenbrook Drive in Palo Alto. The price was $5,500,000 and the new owners took over the house in January. It was built in 2003 and the living area totals 4,557 square feet. The price per square foot ended up at $1,207. The house features 6 bedrooms and 4 bathrooms."
A condo in Palo Alto sold for $2 million and topped the list of most affordable real estate sales for the week. The overall average price for Palo Alto real estate during the week was $4.4 million, equal to $1,984 per square foot. A total of 11 home sales were recorded with an average living area of 2,198 square feet, 3 bedrooms, and 1 bathroom. The top 10 list covers properties priced between $300,000 and $10,000,000 and reflects title recordings during the week of Jan. 12. Notable sales include a $6,000,000 Lincoln Avenue home, a $5,500,000 Glenbrook Drive home, and a $4,000,000 Kenneth Drive house.
Read at www.mercurynews.com
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