A single-family home in Palo Alto recently sold for $2,888,000, marking a notable transaction in the local real estate market. The sale, finalized on December 31, 2025, translates to approximately $1,604 per square foot. Located on the 300 block of Homer Avenue, the property features a total living area of 1,801 square feet, including two bedrooms and two bathrooms.
The condominium, constructed in 2004, occupies a lot size of 1,184 square feet. This transaction is part of a series of recent sales in the area, indicating persistent demand for housing in Palo Alto.
Recent Sales Highlight Market Trends
In November 2025, another unit on the 700 block of Bryant Street sold for $1,630,000. This 1,185-square-foot property also includes two bedrooms and two bathrooms, resulting in a price per square foot of $1,376.
Further illustrating the local market dynamics, a 1,781-square-foot unit located on the 300 block of Channing Avenue was sold in December 2022 for $3,375,000, which equates to $1,895 per square foot. Additionally, a larger unit on the same street sold for $3,300,000 in July 2025, with a total area of 2,081 square feet, resulting in a price per square foot of $1,586.
These sales figures suggest a competitive housing market in Palo Alto, characterized by ongoing demand and fluctuating prices. The data reflects broader trends in real estate, where premium locations continue to attract buyers despite varying price points.
The information for this article was sourced from public records maintained by local county offices, ensuring accuracy and reliability in reporting on the real estate sector.
