Sq. Foot Review from 10/2015 – 3/2016 Los Altos, Menlo Park….
My Take:
Due to popular demand, I’ve included another city in my tracking — six is a charm! I’m adding Redwood City to my list of cities tracked. This week I decided to take a look at the average price per sq.ft. for houses that have sold and closed over the last six months. I had expected Palo Alto to be at the top of the list but was still surprised at how much more expensive it is! Sunnyvale and Redwood City seem pretty close and there’s very little difference between Mountain View and Menlo Park. Los Altos trails Palo Alto but is way higher than Menlo Park, Mountain View, Sunnyvale and Redwood City. How is this information useful? Although these are generalizations, it does give you an idea of how much you can get for your money in these core Silicon Valley cities.
Just the Facts Ma’am
City (Price Per Sq Ft) Palo Alto ($1,575)
Los Altos ($1,224)
Menlo Park ($1,099)
Mountain View ($1,088)
Sunnyvale ($884)
Redwood City ($820)
Time frame is October 2015 to March 2016.
Single family homes only.
Results taken from the Multiple Listing System and calculated from 900 listings.
