$9,488 Closing Credit*
$799,000
1,190 SqFt
3 Beds
•2 Full Baths
Ruben Martinez, Listing Office: Fiduciary Real Estate Services
Is East Palo Alto, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, East Palo Alto has remained a Seller's Market.
Key Takeaway
East Palo Alto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Palo Alto, CA
How much do homes in East Palo Alto, CA cost?
Median Sold Price
$1,106,000
$797/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$96,000(+9.5%)
Key Takeaway
Homes in East Palo Alto have sold for 9.5% more than they did a month ago.
Summary: The median home sold price in East Palo Alto was $1,106,000 in November 2024, up 9.5% from last month, and the median price per square foot was $797.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $549.9K | $825K | +50.0% |
| 3 Bedrooms | $1.0M | $913.5K | -9.6% |
| 4 Bedrooms | $1.0M | $1.2M | +18.8% |
| 5+ Bedrooms | - | $1.7M | N/A |
Summary: East Palo Alto housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes did not change.
Housing Supply in East Palo Alto, CA
How many homes are available in East Palo Alto, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The East Palo Alto real estate market had 23 homes for sale in November 2024, a 14.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The East Palo Alto housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Palo Alto, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in East Palo Alto in November 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for East Palo Alto, CA
How long does it take to sell a home in East Palo Alto, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 21 Days | -8.0% |
Summary: Homes in East Palo Alto had an average of 21 days on market in Nov 2024, down by 8% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Palo Alto are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in East Palo Alto; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.