It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that created them. Although state law overrides city ordinances, do not simply assume that laws such as CA Civil Code 3479…
Protected Trees
It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that created them. Although state law overrides city ordinances, do not simply assume that laws such as CA Civil Code 3479…
Low DOM For Palo Alto Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market for Palo Alto real estate stays very low with only occasional…
Average Size Of Palo Alto House Sold Spikes Up
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value. Although the Palo Alto house price per sq. ft. did not change dramatically, the spike in…
New Townhouses Coming – Summerhill Homes
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed development would have 48 three-story townhouses. The rendering of the front…
Selling? … Manage Your Expenses
In recent years the amount of money spent fixing up a home, by homeowners wanting to sell, has been insane. Value Of Remodeling Project PROJECT20202019Add Bathroom (midrange)77.8%66.0%Add Bathroom (upscale)65.9%65.5%Bath Remodel (midrange)69.5%74.5%Bath Remodel…
2 Bedroom, Downtown Condo $8M+
In the 4th quarter of 2020, the fourth most expensive home sold in Palo Alto was a Downtown Palo Alto condo. Condo: 2 bedroom | 2.5 bath | 3,516 sf | Homer Ave | $8M+ The penthouse condo located on top of a newer(2009) 3-story building in Palo Alto simply falls into…
Downtown Palo Alto Neighborhood
At the beginning of the Covid-19 pandemic there was speculation that urban home prices would suffer. As of the end of November, 2020, there is no indication that home prices in Downtown Palo Alto are even slightly suffering. Downtown Palo Alto House Prices More…
Palo Alto Real Estate Trends
The plot of both average and median quarterly Palo Alto house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Palo Alto real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
JLee Realty Homes For Sale
- Atherton
- Belmont
- Brisbane
- Burlingame
- Campbell
- Cupertino
- Daly City
- East Palo Alto
- Foster City
- Fremont
- Hillsborough
- Los Altos
- Los Altos Hills
- Los Gatos
- Menlo Park
- Millbrae
- Milpitas
- Monte Sereno
- Mountain View
- Newark
- Pacifica
- Palo Alto
- Portola Valley
- Redwood City
- Redwood Shores
- San Bruno
- San Carlos
- San Jose
- San Mateo
- Santa Clara
- Saratoga
- South San Francisco
- Sunnyvale
- Union City
- Woodside