The new market will bring to the College Terrace neighborhood a new deli, grab-and-go area, fresh flowers, and a coffee area. All Access Digital offer for just 99 cents! Real Produce International Market has leased 11,000 square feet in a Palo Alto complex at 501 Oxford Ave. next to El Camino Real. Real Produce’s first store is in Almaden Fashion Plaza in south San Jose. It’s likely that the market will be open within weeks, according to the property owner. East Palo Alto, CA Real Estate Trends. Are you a Homebuyer? This means that the region of Palo Alto, CA is, on average, less affordable when compared to the remainder of California. Properties in Palo Alto, CA average a cost of $1,702,100, which is 316% higher than the median home price for real estate located in California. The median price per square foot in Palo Alto has increased by 4.8% over the past year. The residential property market in Palo Alto is showing multiple signs of a slowdown. As a result, the number of homes sold during the first half of 2018 in most communities was flat or down (see stats table below). Consider buying or renting a home in one of these popular neighborhoods. Camera 12 revamp in downtown San Jose gets city O.K. The market urged Palo Alto city officials to provide whatever assistance possible in gaining approval from the Santa Clara County Health Department to enable the store to open swiftly, possibly as soon as Thanksgiving weekend. PALO ALTO — A local grocer with a focus on organic produce has signed a lease for a prominent mixed-use center in Palo Alto’s College Terrace district. Locally there is a strong seasonal change in the number of houses sold. The median home price of … This is an increase over last month's market action index of 39. Charleston Gardens is the most affordable neighborhood, with a median listing price of $1.2M. Analyze how the market is performing against historical data. Palo Alto is a city in California and consists of 23 neighborhoods. 95 Homes For Sale in Palo Alto, CA. The average sale price of a home in Palo Alto was $2.89M last month, up 8.6% since last year. Procuring a market for this location is expected to be a major boost for Palo Alto generally and the College Terrace area in particular. Experience best results when your work with Jennifer. Costco could be coming to Newark Our free service analyze millions of home sales to find the perfect agent for you. Sorry, your blog cannot share posts by email. A quick estimate of how active the Palo Alto real estate market is can be found by looking at the number of houses sold. Compass is a licensed real estate broker licensed by the state of California and abides by equal housing opportunity laws. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Palo Alto real estate market, all in one place. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! We will be posting our other community reports over the next few days. Additionally, there are 176 rentals, with a range of $814 to $18K per month. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Palo Alto is a wonderful community to call “home,” and while the market in 2019 was softer, homeowners there continue to benefit from a long-term strong real estate market. Palo Alto’s College Terrace area gets new market, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Moderna’s COVID-19 vaccine: It’s on its way, boosting supplies, Real estate: Local grocer signs lease for new market at prominent Palo Alto complex, Houses and a hotel planned at big San Jose site, Real estate: Palo Alto buildings draw big investors. 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