Palo Alto Single Family Home Sales (2008 is through Sept 30)

Year Days on Mkt Avg List Price Avg Sales Price Highest Sale Lowest Sale No. Sales Sales/List
2008 25 $1,819,251 $1,793,109 -6% $6,700,000 $675,000 278 0.99
2007 24 $1,833,135 $1,899,436 26% $19,500,000 $710,000 459 1.04
2006 24 $1,482,066 $1,512,060 -1% $6,500,000 $484,000 507 1.02
2005 20 $1,455,273 $1,523,862 11% $6,800,000 $550,000 527 1.05
2004 22 $1,314,189 $1,367,122 24% $5,000,000 $450,000 594 1.04
2003 36 $1,127,255 $1,106,727 -4% $4,200,000 $380,000 546 0.98
2002 32 $1,155,696 $1,152,818 0% $5,000,000 $46,0000 500 1.00
2001 40 $1,185,715 $1,152,151 -11% $8,800,000 $427,000 398 0.97
2000 20 $1,172,004 $1,296,059 47% $7,600,000 $381,750 553 1.11
1999 21 $855,234 $878,868 25% $4,900,000 $360,000 553 1.03
1998 23 $735,343 $704,364   $2,500,000 $319,010 488 0.96

Palo Alto Condominium Sales (2008 is through Sept 30)

Year Days on Mkt Avg List Price Avg Sales Price Highest Sale Lowest Sale No. Sales Sales/List
2008 30 $888,770 $877,990 7% $2,195,000 $388,000 90 0.99
2007 25 $803,386 $817,314 9% $2,200,000 $450,000 126 1.02
2006 27 $743,736 $746,588 9% $1,406,000 $330,000 140 1.00
2005 20 $658,213 $683,411 15% $1,395,000 $308,000 168 1.04
2004 21 $580,686 $596,628 15% $1,335,000 $274,000 195 1.03
2003 38 $523,313 $518,778 -2% $1,305,000 $305,000 143 0.99
2002 33 $529,479 $526,937 3% $1,250,000 $259,500 141 1.00
2001 30 $520,346 $513,355 -14% $1,070,000 $275,000 83 0.99
2000 16 $543,107 $594,031 39% $1,225,000 $269,000 118 1.09
1999 20 $414,361 $427,951 17% $855,000 $191,000 159 1.03
1998 23 $360,902 $367,191   $685,000 $175,000 123 1.02