Market & Offers Update
High competition: Many homes receiving 4–10+ offers
All-cash dominance: Especially for land value and entry-level homes
Fast market: Most homes selling in under 10 days
Overbidding trend: Significant premiums across all price points
| Status | Address | List Price | Sale Price | Offers | Key Notes | Sq Ft | Lot Size | DOM |
|---|---|---|---|---|---|---|---|---|
| In Contract | 38 Tevis Pl, Palo Alto | $9.85M | — | 2 | New construction, premium location | 3,986 | 11,108 | 7 |
| Sold | 393 Covington Rd, Los Altos | $6.80M | $9.30M | 18 | All cash, land value | 2,102 | 40,320 | 14 |
| Sold | 1042 Cowper St, Palo Alto | $9.25M | $9.25M | 1 | All cash | 4,490 | 7,500 | 7 |
| Sold | 1525 Dana Ave, Palo Alto | $6.88M | $8.64M | 4 | Pre-emptive offers | 3,549 | 11,400 | 5 |
| Sold | 1385 Dana Ave, Palo Alto | $7.35M | $7.80M | 4 | All cash | 2,922 | 7,935 | 7 |
| Sold | 985 Lincoln Ave, Palo Alto | $6.50M | $7.44M | 8 | All cash, new build | 2,893 | 6,250 | 7 |
| Sold | 83 Doud Dr, Los Altos | $5.89M | $6.76M | 4 | All cash, land value | 2,327 | 20,160 | 8 |
| In Contract | 734 Guinda St, Palo Alto | $6.20M | — | — | Pre-emptive offer | 2,800 | 7,500 | 0 |
| Sold | 1143 Greenwood Ave, Palo Alto | $4.90M | $5.73M | 8 | All cash | 1,790 | 7,750 | 7 |
| In Contract | 430 San Domingo Way, Los Altos | $5.70M | $6.75M+ | — | Pre-emptive offer | 2,565 | 10,253 | 3 |
| Sold | 3011 Bryant St, Palo Alto | $4.98M | $5.50M | 4 | — | 2,686 | 6,432 | 6 |
| Sold | 613 Paco Dr, Los Altos | $4.00M | $5.11M | 6 | All cash, land value | 1,157 | 13,172 | 7 |
| Sold | 2703 South Ct, Palo Alto | $3.90M | $4.56M | 8 | All cash | 1,780 | 8,070 | 6 |
| Sold | 1619 Escobita Ave, Los Altos | $4.00M | $4.43M | 3 | All cash | 1,534 | 6,410 | 7 |
| Sold | 129 Lowell Ave, Palo Alto | $3.99M | $4.40M | 4 | — | 2,641 | 5,000 | 10 |
| In Contract | 618 Wildwood Ln, Palo Alto | $4.20M | $4.80M+ | 4 | — | 2,309 | 6,664 | 9 |
| Sold | 580 Lincoln Ave, Palo Alto | $3.80M | $4.12M | 3 | — | 1,488 | 7,500 | 9 |
| Sold | 829 Talisman Dr, Palo Alto | $3.70M | $3.75M | 3 | — | 2,098 | 8,028 | 13 |
| Sold | 280 Matadero Ave, Palo Alto | $2.20M | $3.70M | 16 | All cash | 1,821 | 6,000 | 8 |
| In Contract | 2518 South Ct, Palo Alto | $3.70M | $4.20M+ | 1 | — | 1,452 | 6,431 | 6 |
| Sold | 1624 Channing Ave, Palo Alto | $3.15M | $3.60M | 4 | — | 1,383 | 6,000 | 7 |
| In Contract | 744 Mayview, Palo Alto | $3.60M | $3.85M+ | 4 | Land value | 1,552 | 10,200 | 9 |
| Sold | 3925 Nelson Dr, Palo Alto | $3.29M | $3.51M | 3 | All cash | 1,792 | 8,325 | 7 |
| In Contract | 226 Ely Pl, Palo Alto | $2.99M | $3.75M+ | 4 | — | 1,832 | 9,800 | 8 |
| Sold | 464 Tennessee Ln, Palo Alto | $1.99M | $2.70M | 16 | All cash | 1,080 | 6,921 | 8 |
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✨ The energy, optimism, and tech-driven wealth fueling this market continue to make the Mid-Peninsula one of the most competitive housing corridors in the nation.
Call me at 650.960.5363 if you want to know about some private, exclusive homes coming to the market!
Disclaimer: Information I share about market activity and offers comes from a variety of sources, including conversations with agents, sellers, buyers, and feedback from lenders. While I strive for accuracy, these updates may not always be 100% verified or reflect final outcomes.
Compass
578 University Avenue
Palo Alto, CA 94301
CA DRE# 01471341
Umang Sanchorawala
