Blog > Where Palo Alto Homes Sell Over Asking, Neighborhood by Neighborhood
In the 24 months to October 19, 2026, 934 Palo Alto homes sold in the MLS records we can read (houses, condos and townhomes, repeat records removed). The typical one sold for 2.5% over its list price, and 60% 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 22 Palo Alto neighborhood guides.
The short answer
- Furthest over asking (guides with at least 10 sales): Greenmeadow (9.5% over, 96% of 25 sold over), Duveneck / St. Francis (7.7% over, 72% of 54 sold over) and Midtown (7.5% over, 75% of 120 sold over).
- Closest to asking or under: Evergreen Park (at asking, 25% of 53 sold over) and Downtown North (0.6% under, 38% of 45 sold over).
- 21 of the 22 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.
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 | 25 | 9.5% over | 96% | $3.61M | 9.5% over (21) |
| 2 | Duveneck / St. Francis | 54 | 7.7% over | 72% | $4.26M | 7.8% over (53) |
| 3 | Midtown | 120 | 7.5% over | 75% | $3.42M | 9.8% over (101) |
| 4 | Palo Verde | 32 | 6.1% over | 81% | $3.69M | 6.7% over (29) |
| 5 | Barron Park | 66 | 5.8% over | 67% | $3.55M | 5.7% over (53) |
| 6 | Fairmeadow | 14 | 5.6% over | 79% | $3.26M | 5.6% over (14) |
| 7 | Adobe Meadow & Meadow Park | 20 | 5.5% over | 80% | $3.29M | 5.4% over (19) |
| 8 | Community Center | 31 | 4.5% over | 55% | $5.25M | 4.5% over (31) |
| 9 | Leland Manor / Garland | 26 | 3.7% over | 62% | $4.51M | 3.7% over (26) |
| 10 | Charleston Meadows | 36 | 3.1% over | 69% | $2.43M | 9.1% over (21) |
| 11 | Southgate | 11 | 2.8% over | 91% | $4.43M | 2.8% over (11) |
| 12 | Green Acres | 23 | 2.5% over | 65% | $2.8M | 5.3% over (13) |
| 13 | Ventura | 25 | 2.3% over | 64% | $2.62M | 2.3% over (21) |
| 14 | University South | 32 | 2.2% over | 63% | $3.67M | 3.7% over (25) |
| 15 | Charleston Gardens | 21 | 0.3% over | 52% | $1.25M | 7.6% over (7) |
| 16 | Professorville | 12 | 0.1% over | 50% | $4.71M | at asking (11) |
| 17 | College Terrace | 22 | at asking | 50% | $2.99M | at asking (22) |
| 18 | Crescent Park | 77 | at asking | 49% | $4.85M | 0.4% over (66) |
| 19 | Old Palo Alto | 80 | at asking | 46% | $6.96M | at asking (79) |
| 20 | Evergreen Park | 53 | at asking | 25% | $1.39M | 12.3% over (7) |
| 21 | Downtown North | 45 | 0.6% under | 38% | $2.1M | 2.3% under (19) |
Fewer than 5 sales in the window, so not listed: 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. 825 of the 934 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.
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 · our sales map
Selling in Palo Alto?
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