Top 5 Most Costly Home Transactions in Palo Alto
Top Bay Area Home Sales: Palo Alto's Real Estate Market Update
Let's dive into the recent residential real estate sales in Palo Alto, with a high-value property taking the spotlight. Here's a rundown of the top five sales from the past week:
- The Million-Dollar Mansion: Sitting pretty in the 800 block of Mesa Ave, a magnificent single-family residence sold for a whopping $11.5 million. Built in 2022, this 8,745 sq ft home boasts eight bedrooms and a price per square foot of $1,315.
- The Four-Bedroom Dream Home: With a modern vibe, the property in the 900 block of Addison Ave went under the hammer for $4.5 million. Constructed in 1997, this 2,724 sq ft dwelling features four bedrooms and a price per square foot of $1,652.
- The Perfect Starter Home: A charming single-family house in the 200 block of Wilton Ave was sold for $2.9 million. Built in 1946, this 1,858 sq ft home with two bedrooms fetched $1,535 per square foot.
- A Cozy Condo: Located in the 200 block of High Street, a condominium fetched $1.6 million in April. Built in 1980, the 1,152 sq ft abode offers two bedrooms and features a price per square foot of $1,389.
- A Compact Condo: A charming condominium in the 4200 block of El Camino Real was sold for $640,000. This 679 sq ft condo built in 1983 features one bedroom, and the price per square foot was a striking $943.
The Bay Area Home Report Bot delivers insights into local real estate sales, analyzing data from public records digitized by county offices. Want to stay updated on housing data? Sign up now!
In the realm of high-value investments, the Palo Alto real estate market saw the sale of a luxurious mansion for $11.5 million, marking a significant move in the finance sector, particularly within the housing market and real-estate arena. Meanwhile, a compact condo in the El Camino Real area was sold for $640,000, signifying an attractive option for those investing in the local housing-market.
