Top Real Estate Sales in Palo Alto for the Week of November 3

A condominium in Palo Alto has emerged as the most affordable real estate sale for the week of November 3, 2023, selling for $1.4 million. This sale is notable given that the overall average price of real estate transactions in the area during this period reached $4.1 million. The average price per square foot for homes sold was $1,886. A total of 16 homes changed hands, with an average size of 2,164 square feet, featuring an average of three bedrooms and one bathroom.

Highlights of the Top 10 Home Sales

The following list includes the top ten real estate deals recorded during the week, showcasing properties priced between $300,000 and $10 million. It is important to note that the prices reflect transactions where the title was officially recorded in the stated week, regardless of the actual sale date.

10. **$3.6 million, Detached House on Cherry Oaks Place**
Located in the 4100 block of Cherry Oaks Place, this single-family residence sold for $3.6 million. Built in 1974, the house offers a living area of 2,542 square feet with four bedrooms and three bathrooms, translating to a price per square foot of $1,416.

9. **$3.6 million, Single-Family House on Duncan Place**
The single-family home situated in the 3900 block of Duncan Place also sold for $3.55 million. Completed in 1953, this property features 1,795 square feet of living space, three bedrooms, and three bathrooms, with a price per square foot of $1,978.

8. **$3.2 million, Single-Family Residence on Janice Way**
In the 3400 block of Janice Way, a property was sold for $3.218 million. This house, constructed in 1957, offers 1,878 square feet of living space, four bedrooms, and two bathrooms, priced at $1,714 per square foot.

7. **$3.2 million, Single-Family House on South Court**
A single-family residence in the 3300 block of South Court sold for $3.15 million. This 1,060-square-foot home, built in 1954, includes three bedrooms and two bathrooms, with a price per square foot of $2,972.

6. **$2.8 million, Single-Family Home on Addison Avenue**
The property located in the 500 block of Addison Avenue changed ownership for $2.8 million. Built in 1898, the home has 1,219 square feet of living space and features three bedrooms and two bathrooms, costing $2,297 per square foot.

5. **$2.7 million, Triplex on Waverley Street**
A triplex in the 700 block of Waverley Street was sold for $2.7 million. This property, constructed in 1910, offers 2,448 square feet of space, resulting in a price of $1,103 per square foot.

4. **$2.4 million, Detached House on Channing Avenue**
The single-family house located in the 600 block of Channing Avenue was sold for $2.4 million. Built in 1939, it has 1,146 square feet of living space, three bedrooms, and two bathrooms, with a price per square foot of $2,094.

3. **$2.4 million, Condominium on Homer Avenue**
A condominium in the 300 block of Homer Avenue finalized at $2.375 million. Completed in 2004, it features 1,544 square feet, two bedrooms, and two bathrooms, priced at $1,538 per square foot.

2. **$1.7 million, Condominium on High Street**
Situated in the 200 block of High Street, this condominium sold for $1.7 million. Built in 1980, it has a living area of 1,338 square feet with three bedrooms and two bathrooms, translating to $1,271 per square foot.

1. **$1.4 million, Condominium on Thain Way**
The condominium in the 4100 block of Thain Way topped the list at $1.4 million. This unit, constructed in 1980, features 1,445 square feet of living space, with two bedrooms and two bathrooms, resulting in a price of $969 per square foot.

These sales reflect the competitive nature of the Palo Alto real estate market, where property prices continue to demonstrate significant variation. The data is sourced from public records registered and digitized by local county offices.