February 2016 Palo Alto Market Review


 

[Palo Alto] Market Review : February /2016

 

Schools : All 10 of 10, Great schools

 

Elementary(11) : Walter Hays, Addison, Duveneck, Ohlone, El Carmelo, Escondido, Palo Verde, Fairmeadow, Barron park, Herbert Hoover, Juana briones

Middle (3):David Starr Jordan Middle, Terman Middle, JLS(Jane Lathrop Stanford) Middle

High (2) : Gunn High, Palo Alto High

 

Market Areas (13)

230 Palo Alto Hills,     231 Green Acres,  232 Barron Park, 233 South Palo Alto,  234 Midtown,

235 Ventura,  236 College,  237 Old Palo Alto,  238 Green Gables,  239 Crescent Park,

240 Community Center,  241 Professorville,  242 Downtown Palo 

 

Market Trends February/2016

Sold

Active Current

Single Family

Condo

Town House

Single Family

Condo

Town House

15

High: $ 3.600M

Low: $ 1.325M

Avg: $ 2.341M

DOM : 21 days

$3M Above: 2

$2M Below: 4

5

High: $2.750M

Low: $1.058M

Avg: $1.927M

DOM : 40 days

$2M Above: 3

$1M Below: 0

2

High: $ 1.450M

Low: $ 1.400M

Avg: $ 1.425M

DOM : 33 days

$1M Above: 2

$500K Below: 0

18

High: $ 9.997M

Low: $ 1.600M

Avg: $ 3.921M

DOM : 20 days

$3M Above: 10

$2M Below: 1

2

High: $ 1.560M

Low: $ 735,000

Avg: $ 1.147M

DOM : 31 days

$2M Above: 0

$1M Below: 1

0

High: $  

Low: $

Avg: $

DOM :

$2M Above:

$2M Below:

 

 

Market Trends January/2016

Sold

Active Current

Single Family

Condo

Town House

Single Family

Condo

Town House

11

High: $ 3.77M

Low: $ 1.688M

Avg: $ 2.405M

DOM : 30 days

$3M Above: 2

$2M Below: 2

5

High: $2.2M

Low: $650,000

Avg: $1.277M

DOM : 10 days

$2M Above: 0

$2M Below: 5

1

High: $ 1.125M

Low: $ 1.125M

Avg: $ 1.125M

DOM : 10 days

$1M Above: 1

$500K Below: 0

13

High: $ 6.88M

Low: $ 1.998M

Avg: $ 3.46M

DOM : 31 days

$3M Above: 6

$3M Below: 7

4

High: $ 3.5M

Low: $ 1.13M

Avg: $ 2.13M

DOM : 86 days

$2M Above: 2

$2M Below: 2

3

High: $1.498M 

Low: $ 1.198M

Avg: $ 1.332M

DOM : 25

$2M Above: 0

$2M Below: 3

 

 

 

Market Trends 2015 (Market Summary Report)

 

Sold

Single Family

Sold

Condo

Sold

Townhouse

326

Avg:$3.1M

Dom:18Days

 

56

Avg:$1.39M

Dom:23Days

 

30

Avg:$1.67M

Dom:14Days

 

 


 

LIC# 01992567

John.Chung.US@gmail.com

(408) 482-8949

Bay Area


John is fluent in both English and Korean. He has traveled to many different regions of the world. This exposure to diverse cultures has helped him better understand and serve his clients who are often foreign-born and western educated.

 

Embracing his role as a Real Estate Evangelist, he strives to move the industry towards a model of smaller business with stronger fidelity to clients, while combining focused negotiation, innovative technology and reliable real estate practices.

 

John and his wife Jane currently reside in Santa Clara with their three beautiful daughters. His family has a continued focus in giving back to the local community through non-profit and charity work. In his spare time, John enjoys fishing, hiking and backpacking. 

 

 

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