Here is a quick summary of the Real Estate Market in Stanford Circle (Palo Alto, Menlo Park, Atherton, Los Altos, Los Altos Hills, Woodside, and Portola Valley)
🏡 Stanford Circle Real Estate Market Update – 2025 YTD
📈 Home Prices & Market Activity
Median Home Price of Stanford Circle Properties: $4.5M, up 8% from $4.16M in 2024.
Palo Alto: Median price at $3.975M, a 9% increase from $3.65M.
Los Altos: Strongest price growth—median now at $5.3M (up 21% YoY), with 38% more homes sold in Q1. Demand remains high for larger lots and extra bedrooms due to hybrid work trends.
Price per Square Foot: Averaged $1,867, a 4% increase from $1,793 in 2024(MLS data).
🏘️ Inventory & Sales Trends
Inventory is rebounding as sellers who waited in prior years now list:
Los Altos: Listings up 50%
Palo Alto: Listings up 28%
Menlo Park: Listings up 38%
All-Cash Purchases:
Los Altos: 42%
Palo Alto: 31%
Menlo Park: 23%
Homes Struggling to Sell: ~30% of listings face slow sales—primarily older homes needing renovation or those priced above $8M.
📊 Broader Market Context
Nasdaq Index: Up 70%, rising from 12,594 (2023 low) to 17,844 as of May 5, 2025—boosting tech wealth and buyer confidence.
California's GDP is $4.1 trillion, making it the fourth-largest economy globally. The region continues to be highly desirable for both living and investing.
Inflation: 2.4%, down from 2.8% last month, though consumer prices (e.g., Amazon, groceries) seem to rise
💰 Financing & Mortgage Rates
30-Year Fixed Mortgage: ~6.25%
(Note: Buyers may receive rate concessions via relationship banking or fund transfers.)
10-Year Treasury Yield: Dropped to 4.2%
Rate Outlook: Potential for further decline, as long as new tariffs don’t push inflation higher.
📋 Regulatory Update: Buyer Agreements
As of 2025, buyers must sign a Buyer Representation & Broker Compensation Agreement (BRBC) to tour homes with an agent.
While seller-listing agent contracts remain standard, sellers still typically cover buy-side compensation (~90%+ of the time)—alleviating pressure on buyers to pay extra.
Just Listed in Old Palo Alto
2149 High Street, Palo Alto
4 Beds, 3.5 Baths, 2,193 SF, Lot Size 5,600 SF
List Price $4,498,000
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