Blog > Where Palo Alto Homes Sell Over Asking, Neighborhood by Neighborhood
In the 24 months to October 27, 2026, 983 Palo Alto homes sold in the MLS records we can read (houses, condos and townhomes, repeat records removed). The typical one sold for 2.7% over its list price, and 61% sold over asking. For houses alone, the typical sale was 4.7% over and 67% sold over asking. Here is how that breaks down across our 26 Palo Alto neighborhood guides.
The short answer
- Furthest over asking (guides with at least 10 sales): Greenmeadow (8.9% over, 96% of 24 sold over), Duveneck / St. Francis (7.7% over, 72% of 54 sold over) and Midtown (7.0% over, 76% of 129 sold over).
- Closest to asking: Palo Alto Hills (at asking, 50% of 10 sold over), Crescent Park (at asking, 48% of 81 sold over), Old Palo Alto (at asking, 46% of 80 sold over), Downtown North (at asking, 43% of 49 sold over) and Evergreen Park (at asking, 25% of 56 sold over).
- 24 of the 26 guides had 5 or more sales in the window, enough to list here.
- Over asking isn’t the whole story. Where many homes sell right at asking, list prices may simply sit closer to what homes end up selling for.
Next steps in Palo Alto
- What’s my Palo Alto home worth? Request an estimate, and ask us for the recent sales on your street.
- See Palo Alto homes for sale, then use Save Search to get new listings by email.
- Book a strategy call with a Property Nerd.
Neighborhood by neighborhood
Guides with at least 5 sales, furthest over asking first. “Typical sale” is the median of each home’s sale price divided by the list price on its sale record. Each name opens its guide, with live listings and the last 12 months of sales.
| # | Neighborhood | Sales | Typical sale | Sold over asking | Median price | Houses: typical sale |
|---|---|---|---|---|---|---|
| 1 | Greenmeadow | 24 | 8.9% over | 96% | $3.58M | 8.9% over (20) |
| 2 | Duveneck / St. Francis | 54 | 7.7% over | 72% | $4.29M | 7.7% over (54) |
| 3 | Midtown | 129 | 7.0% over | 76% | $3.38M | 9.2% over (108) |
| 4 | Fairmeadow | 15 | 6.7% over | 80% | $3.32M | 6.7% over (15) |
| 5 | Palo Verde | 33 | 6.7% over | 82% | $3.71M | 6.7% over (30) |
| 6 | South of Midtown | 33 | 6.6% over | 79% | $3.42M | 6.6% over (33) |
| 7 | Barron Park | 76 | 6.0% over | 68% | $3.54M | 6.5% over (62) |
| 8 | Adobe Meadow & Meadow Park | 20 | 5.5% over | 80% | $3.29M | 5.4% over (19) |
| 9 | Charleston Meadows | 38 | 4.0% over | 71% | $2.43M | 9.8% over (22) |
| 10 | Leland Manor / Garland | 26 | 3.7% over | 62% | $4.51M | 3.7% over (26) |
| 11 | Ventura | 28 | 3.2% over | 68% | $2.62M | 3.0% over (23) |
| 12 | Southgate | 11 | 2.8% over | 91% | $4.43M | 2.8% over (11) |
| 13 | Green Acres | 27 | 2.5% over | 70% | $2.71M | 13.1% over (15) |
| 14 | Community Center | 34 | 2.3% over | 53% | $5.16M | 2.3% over (34) |
| 15 | University South | 34 | 1.7% over | 62% | $3.36M | 3.0% over (26) |
| 16 | Esther Clark Park | 6 | 1.1% over | 50% | $6.4M | 1.1% over (6) |
| 17 | Charleston Gardens | 22 | 0.2% over | 50% | $1.2M | 7.6% over (7) |
| 18 | College Terrace | 22 | 0.1% over | 55% | $2.99M | 0.1% over (22) |
| 19 | Professorville | 13 | 0.1% over | 54% | $4.92M | 0.1% over (12) |
| 20 | Palo Alto Hills | 10 | at asking | 50% | $4.64M | at asking (10) |
| 21 | Crescent Park | 81 | at asking | 48% | $4.85M | 0.4% over (69) |
| 22 | Old Palo Alto | 80 | at asking | 46% | $6.96M | at asking (79) |
| 23 | Downtown North | 49 | at asking | 43% | $2.01M | 2.3% under (19) |
| 24 | Evergreen Park | 56 | at asking | 25% | $1.38M | 12.3% over (7) |
Fewer than 5 sales in the window, so not listed: Monroe Park (3) and Triple El (1).
Reading it right
- Sale-to-list measures price against asking, not value. A seller who lists low to draw offers will show a bigger “over asking” number than one who lists near the expected price, even if both homes sold for what the market would pay.
- It uses the list price on the sale record, usually the last one, so a home that cut its price and then sold at the new price counts as “at asking.”
- Small samples swing. Each row shows its sale count; a guide with 6 sales can move a lot when one more home closes.
- Condos and townhomes behave differently from houses, so the last column shows houses on their own where a guide had at least 5 house sales.
- Some guides overlap, and a sale inside two outlines counts in both. 924 of the 983 sales fall inside at least one of our guides.
Go deeper
How Much Over Asking tracks the same measure city by city with live MLS data, Bidding Wars by Price splits it by price band, and Homes Selling Under Asking shows the other side. For timing, the best month to sell in Palo Alto shows how often homes sold over asking by closing month since 2012. For price per square foot by neighborhood, see Palo Alto neighborhoods ranked; the Palo Alto city guide links every guide. To see where we’ve sold, our Palo Alto sales map shows the sales we can match to MLS records. Across every city we cover: Silicon Valley neighborhoods ranked by sale vs. asking.
The Palo Alto data series: housing market by the numbers · neighborhoods ranked by price per sq ft · ten years of prices by neighborhood · condos and townhomes · house prices by bedrooms · houses under $3M · houses at $5M and up · the best month to sell · the most expensive streets · houses by neighborhood · flood zones by neighborhood · our sales map
Selling in Palo Alto?
A Property Nerd will pull the closest recent sales in your neighborhood, show you how they were priced and what they sold for, and help you choose a list-price strategy. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.
Or start with selling a home in Palo Alto: how we’d price, prepare and launch your sale, and the homes we’ve listed and sold in Palo Alto.