Palo Alto, CA housing market — Condo/Co-op
See Palo Alto, CA median sale price, sale-to-list ratio, supply, and days on market for condo/co-op, with source periods and historical context.
- Median sale price
- $1,387,500
- Average sale-to-list ratio
- 98.4%
- Months of supply
- 2.1 months
- Median days on market
- 21.0 days
Redfin Data Center methodology · 2026-05-01 to 2026-05-31 · Not seasonally adjusted · Older observation
Median sale price per square foot: $1,035.
This condo/co-op snapshot describes the source reporting period above. Sale-to-list compares recorded sale prices with asking prices; supply and days on market describe different aspects of the same observation. These are market statistics, not an individual home valuation.
Before you make an offer
For Palo Alto, condo/co-op, 2026-05-01 to 2026-05-31, the average final sale-to-list ratio was 98.4% and supply was 2.1 months (not seasonally adjusted). These historical market aggregates provide offer context; compare individual comparable sales and observed condition before deciding a price. They do not predict acceptance.
Redfin methodology: sale-to-list uses final sale and final list prices; median days on market describes homes going under contract during the reporting period.
Source observations
| Period beginning | Period ending | Median sale price | Sale-to-list | Supply | Days on market |
|---|---|---|---|---|---|
| 2026-05-01 | 2026-05-31 | $1,387,500 | 98.4% | 2.1 months | 21.0 days |
| 2026-04-01 | 2026-04-30 | $1,152,500 | 101.4% | 1.9 months | 27.0 days |
| 2026-03-01 | 2026-03-31 | $2,288,000 | 98.8% | 3.6 months | 21.0 days |
| 2026-02-01 | 2026-02-28 | $1,395,250 | 110.2% | 3.3 months | 37.0 days |
| 2026-01-01 | 2026-01-31 | $1,224,500 | 101.4% | 3.3 months | 25.0 days |
| 2025-12-01 | 2025-12-31 | $1,410,500 | 103.1% | 1.2 months | 10.0 days |
| 2025-11-01 | 2025-11-30 | $1,826,000 | 99.2% | 1.9 months | 27.0 days |
| 2025-10-01 | 2025-10-31 | $1,270,000 | 97.6% | 2.6 months | 46.0 days |
| 2025-09-01 | 2025-09-30 | $977,250 | 101.8% | 3.8 months | 29.0 days |
| 2025-08-01 | 2025-08-31 | $1,468,000 | 98.9% | 2.1 months | 29.0 days |
| 2025-07-01 | 2025-07-31 | $1,275,000 | 98.4% | 2.1 months | 34.0 days |
| 2025-06-01 | 2025-06-30 | $1,900,000 | 114.6% | 4.5 months | 40.0 days |
| 2025-05-01 | 2025-05-31 | $1,200,000 | 98.3% | 4.8 months | 21.0 days |
| 2025-04-01 | 2025-04-30 | $927,500 | 99.4% | 3.5 months | 8.0 days |
| 2025-03-01 | 2025-03-31 | $1,500,000 | 104.4% | 1.5 months | 11.0 days |
| 2025-02-01 | 2025-02-28 | $1,045,000 | 96.7% | 4.0 months | 9.0 days |
| 2025-01-01 | 2025-01-31 | $1,360,500 | 99.3% | 1.0 months | 49.0 days |
| 2024-12-01 | 2024-12-31 | $1,125,000 | 96.9% | 1.6 months | 38.0 days |
| 2024-11-01 | 2024-11-30 | $1,178,500 | 104.4% | 3.7 months | 44.0 days |
| 2024-10-01 | 2024-10-31 | $1,307,000 | 99.7% | 2.3 months | 66.0 days |
| 2024-09-01 | 2024-09-30 | $1,198,000 | 100.8% | 4.6 months | 29.0 days |
| 2024-08-01 | 2024-08-31 | $1,200,000 | 98.4% | 3.4 months | 11.0 days |
| 2024-07-01 | 2024-07-31 | $1,100,000 | 101.9% | 2.7 months | 44.0 days |
| 2024-06-01 | 2024-06-30 | $1,250,000 | 98.5% | 2.2 months | 25.0 days |
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Market trends and broader context
Source geography and property type are shown for every series. Broader context is not a local market estimate. Charts may use different source reporting windows.
Months Of Supply — Palo Alto, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (months) |
|---|---|
| 2024-06-30 | 2.2 |
| 2024-07-31 | 2.7 |
| 2024-08-31 | 3.4 |
| 2024-09-30 | 4.6 |
| 2024-10-31 | 2.3 |
| 2024-11-30 | 3.7 |
| 2024-12-31 | 1.6 |
| 2025-01-31 | 1.0 |
| 2025-02-28 | 4.0 |
| 2025-03-31 | 1.5 |
| 2025-04-30 | 3.5 |
| 2025-05-31 | 4.8 |
| 2025-06-30 | 4.5 |
| 2025-07-31 | 2.1 |
| 2025-08-31 | 2.1 |
| 2025-09-30 | 3.8 |
| 2025-10-31 | 2.6 |
| 2025-11-30 | 1.9 |
| 2025-12-31 | 1.2 |
| 2026-01-31 | 3.3 |
| 2026-02-28 | 3.3 |
| 2026-03-31 | 3.6 |
| 2026-04-30 | 1.9 |
| 2026-05-31 | 2.1 |
Buyer Sentiment Index — Palo Alto, CA
OfferLens derived buyer-sentiment proxy (not a Redfin index) · Condo/Co-op
| Period ending | Value (index, 0–100 (proxy)) |
|---|---|
| 2024-06-30 | 42.85553506133334 |
| 2024-07-31 | 46.753516666666705 |
| 2024-08-31 | 28.82224202666665 |
| 2024-09-30 | 42.421632613333294 |
| 2024-10-31 | 32.28734144866668 |
| 2024-11-30 | 53.5 |
| 2024-12-31 | 27.65555555466667 |
| 2025-01-31 | 45.400384874666685 |
| 2025-02-28 | 31.05555555533333 |
| 2025-03-31 | 78.23809523733334 |
| 2025-04-30 | 51.695486203333346 |
| 2025-05-31 | 37.47870250666665 |
| 2025-06-30 | 65.35185185066666 |
| 2025-07-31 | 35.77609790266665 |
| 2025-08-31 | 41.39094918333335 |
| 2025-09-30 | 65.5774093773333 |
| 2025-10-31 | 43.983948477333335 |
| 2025-11-30 | 53.803419129333314 |
| 2025-12-31 | 78.1 |
| 2026-01-31 | 51.623551509999984 |
| 2026-02-28 | 62.343589744 |
| 2026-03-31 | 37.94998043800002 |
| 2026-04-30 | 54.76872701666669 |
| 2026-05-31 | 41.23961943333333 |
Median Sale Price — Palo Alto, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (USD) |
|---|---|
| 2024-06-30 | 1250000.0 |
| 2024-07-31 | 1100000.0 |
| 2024-08-31 | 1200000.0 |
| 2024-09-30 | 1198000.0 |
| 2024-10-31 | 1307000.0 |
| 2024-11-30 | 1178500.0 |
| 2024-12-31 | 1125000.0 |
| 2025-01-31 | 1360500.0 |
| 2025-02-28 | 1045000.0 |
| 2025-03-31 | 1500000.0 |
| 2025-04-30 | 927500.0 |
| 2025-05-31 | 1200000.0 |
| 2025-06-30 | 1900000.0 |
| 2025-07-31 | 1275000.0 |
| 2025-08-31 | 1468000.0 |
| 2025-09-30 | 977250.0 |
| 2025-10-31 | 1270000.0 |
| 2025-11-30 | 1826000.0 |
| 2025-12-31 | 1410500.0 |
| 2026-01-31 | 1224500.0 |
| 2026-02-28 | 1395250.0 |
| 2026-03-31 | 2288000.0 |
| 2026-04-30 | 1152500.0 |
| 2026-05-31 | 1387500.0 |
Waived Contingencies — Palo Alto, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (%) |
|---|---|
| 2024-10-31 | 16.33 |
| 2024-11-30 | 23.91 |
| 2024-12-31 | 25.71 |
| 2025-01-31 | 17.24 |
| 2025-02-28 | 25.0 |
| 2025-03-31 | 21.88 |
| 2025-04-30 | 21.92 |
| 2025-05-31 | 12.120000000000001 |
| 2025-06-30 | 16.950000000000003 |
| 2025-07-31 | 17.54 |
| 2025-08-31 | 18.18 |
| 2025-09-30 | 16.950000000000003 |
| 2025-10-31 | 15.25 |
| 2025-11-30 | 14.580000000000002 |
| 2025-12-31 | 11.76 |
| 2026-01-31 | 10.0 |
| 2026-02-28 | 8.89 |
| 2026-03-31 | 10.91 |
| 2026-04-30 | 11.540000000000001 |
| 2026-05-31 | 20.59 |
| 2026-06-30 | 16.669999999999998 |
| 2026-07-31 | 17.24 |
| 2026-08-31 | 11.110000000000001 |
| 2026-09-30 | 13.639999999999999 |
Unemployment Rate — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 5.4 |
| 2024-10-01 | 5.4 |
| 2024-11-01 | 5.4 |
| 2024-12-01 | 5.4 |
| 2025-01-01 | 5.4 |
| 2025-02-01 | 5.4 |
| 2025-03-01 | 5.4 |
| 2025-04-01 | 5.4 |
| 2025-05-01 | 5.5 |
| 2025-06-01 | 5.5 |
| 2025-07-01 | 5.5 |
| 2025-08-01 | 5.5 |
| 2025-09-01 | 5.5 |
| 2025-11-01 | 5.5 |
| 2025-12-01 | 5.5 |
| 2026-01-01 | 5.4 |
| 2026-02-01 | 5.4 |
| 2026-03-01 | 5.3 |
| 2026-04-01 | 5.3 |
| 2026-05-01 | 5.3 |
| 2026-06-01 | 5.2 |
| 2026-07-01 | 5.1 |
| 2026-08-01 | 5.1 |
| 2026-09-01 | 5.1 |
Vacancy Rates — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2015-01-01 | 1.2 |
| 2016-01-01 | 1.0 |
| 2017-01-01 | 1.0 |
| 2018-01-01 | 1.2 |
| 2019-01-01 | 1.0 |
| 2020-01-01 | 0.7 |
| 2021-01-01 | 0.7 |
| 2022-01-01 | 0.7 |
| 2023-01-01 | 0.7 |
| 2024-01-01 | 0.8 |
| 2025-01-01 | 1.1 |
Local Income Growth — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2016-01-01 | 3.7991379950954807 |
| 2017-01-01 | 4.2095466504394 |
| 2018-01-01 | 4.755689136968666 |
| 2019-01-01 | 5.305439879332385 |
| 2020-01-01 | 9.13591779542271 |
| 2021-01-01 | 10.045935690033957 |
| 2022-01-01 | 0.10500388903291746 |
| 2023-01-01 | 5.305551598658398 |
| 2024-01-01 | 6.6934749993851295 |
| 2025-01-01 | 4.836274362904991 |
Mortgage Interest Rates — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2026-05-14 | 6.36 |
| 2026-05-21 | 6.51 |
| 2026-05-28 | 6.53 |
| 2026-06-04 | 6.48 |
| 2026-06-11 | 6.52 |
| 2026-06-18 | 6.47 |
| 2026-06-25 | 6.49 |
| 2026-07-02 | 6.43 |
| 2026-07-09 | 6.49 |
| 2026-07-16 | 6.55 |
| 2026-07-23 | 6.58 |
| 2026-07-30 | 6.66 |
| 2026-08-06 | 6.69 |
| 2026-08-13 | 6.67 |
| 2026-08-20 | 6.65 |
| 2026-08-27 | 6.66 |
| 2026-09-03 | 6.71 |
| 2026-09-10 | 6.76 |
| 2026-09-17 | 6.95 |
| 2026-09-24 | 7.03 |
| 2026-10-01 | 7.28 |
| 2026-10-08 | 7.4 |
| 2026-10-15 | 7.4 |
| 2026-10-22 | 7.32 |
Inflation Fed Policy — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 2.4264830315416708 |
| 2024-10-01 | 2.578844053871343 |
| 2024-11-01 | 2.719472461284833 |
| 2024-12-01 | 2.870690967509981 |
| 2025-01-01 | 2.9909783078999608 |
| 2025-02-01 | 2.8015834477613355 |
| 2025-03-01 | 2.381981462805549 |
| 2025-04-01 | 2.32538823025783 |
| 2025-05-01 | 2.3772651073680873 |
| 2025-06-01 | 2.680453865910226 |
| 2025-07-01 | 2.742618052167134 |
| 2025-08-01 | 2.9385917430316155 |
| 2025-09-01 | 3.0225715847133294 |
| 2025-11-01 | 2.6964439164939513 |
| 2025-12-01 | 2.653304114557753 |
| 2026-01-01 | 2.391201432150014 |
| 2026-02-01 | 2.4340041103732224 |
| 2026-03-01 | 3.2859577528651984 |
| 2026-04-01 | 3.7792458367415627 |
| 2026-05-01 | 4.166614684049641 |
| 2026-06-01 | 3.463530729385411 |
| 2026-07-01 | 3.303856050706311 |
| 2026-08-01 | 3.353016322755642 |
| 2026-09-01 | 3.7172508442689933 |
Tech Hiring Layoff Trends — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2024-09-01 | 1.7999999999999998 |
| 2024-10-01 | 1.3 |
| 2024-11-01 | 0.9000000000000001 |
| 2024-12-01 | 0.7000000000000001 |
| 2025-01-01 | 1.0 |
| 2025-02-01 | 1.2999999999999998 |
| 2025-03-01 | 1.3 |
| 2025-04-01 | 1.5999999999999999 |
| 2025-05-01 | 1.7 |
| 2025-06-01 | 1.9 |
| 2025-07-01 | 1.5000000000000002 |
| 2025-08-01 | 1.3 |
| 2025-09-01 | 1.1 |
| 2025-10-01 | 1.4000000000000001 |
| 2025-11-01 | 1.2999999999999998 |
| 2025-12-01 | 0.30000000000000004 |
| 2026-01-01 | 0.8999999999999999 |
| 2026-02-01 | 0.7999999999999998 |
| 2026-03-01 | 0.8999999999999999 |
| 2026-04-01 | 0.7999999999999998 |
| 2026-05-01 | 1.5 |
| 2026-06-01 | 0.8999999999999999 |
| 2026-07-01 | 1.2 |
| 2026-08-01 | 0.6 |
Demographic Shifts — Palo Alto, CA
U.S. Census Bureau: American Community Survey · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2014 | 4.5664446246725205 |
| 2015 | 4.299606051645881 |
| 2016 | 2.9502393196820513 |
| 2017 | 2.4137400634795263 |
| 2018 | 2.2661431116649204 |
| 2019 | 0.8358869340432094 |
| 2020 | 0.21128234782458932 |
| 2021 | 0.9596948299730883 |
| 2022 | -0.5015768011528117 |
| 2023 | -0.21376843629256825 |
| 2024 | -1.514729408323845 |
New Construction Pipeline — Palo Alto, CA
U.S. Census Bureau: Building Permits Survey · Market-wide
| Period ending | Value (permits) |
|---|---|
| 2024-09-01 | 15.0 |
| 2024-10-01 | 20.0 |
| 2024-11-01 | 9.0 |
| 2024-12-01 | 14.0 |
| 2025-01-01 | 6.0 |
| 2025-02-01 | 24.0 |
| 2025-03-01 | 33.0 |
| 2025-04-01 | 13.0 |
| 2025-05-01 | 13.0 |
| 2025-06-01 | 22.0 |
| 2025-07-01 | 17.0 |
| 2025-08-01 | 20.0 |
| 2025-09-01 | 14.0 |
| 2025-10-01 | 16.0 |
| 2025-11-01 | 11.0 |
| 2025-12-01 | 7.0 |
| 2026-01-01 | 15.0 |
| 2026-02-01 | 3.0 |
| 2026-03-01 | 13.0 |
| 2026-04-01 | 11.0 |
| 2026-05-01 | 7.0 |
| 2026-06-01 | 28.0 |
| 2026-07-01 | 13.0 |
| 2026-08-01 | 10.0 |
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