1 / 20
VIDEO TOUR
$525,000FOR SALE
2 beds · 1 baths · 1,010 sqft
Compass
search
1 homes in 94305
Homes for Sale in 94305
Palo Alto, CA
62 Pearce Mitchell Place 62, Stanford, CA 94305
About 94305 Real Estate
About Palo Alto: The 94305 ZIP code is in Palo Alto, CA. Palo Alto is a charter city in northwestern Santa Clara County, California, United States. Part of the San Francisco Bay Area, it is named after a coastal redwood tree known as El Palo Alto. The population was 68,572 as of the 2020 United States census.
Today, the 94305 area has 1 homes for sale with a median listing price of $525K. The average price per square foot is $520.
94305 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.0 months of supply, and 100% of current listings are under 30 days old. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Buyer leverageBalancedSeller leverage
Median Home Price
$525K
Chart shows the median closed sale price by month
$3.3M$2.3M$1.3M$351K
Sep 25
Feb 26
Months of Supply
Estimated time to sell all listings at the current sales pace
1.0 months of supply
Tight Supply1 active listings against the current sales pace works out to about 1.0 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
1.0
0369+
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition.0
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 94305 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
HomeownersRenters
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
A balanced ownership mix suggests diverse housing options for both buyers and renters.
26,054 households (2023)
Explore Nearby Cities
Browse homes for sale in cities near Palo Alto
Frequently Asked Questions about Homes for Sale in 94305, CA
How many homes are for sale in 94305, CA?
There are currently 1 homes for sale in 94305, ranging from $525,000 to $525,000.
What is the median home price in 94305?
The median list price in 94305 is $525,000. Price per square foot averages $520.
Looking for a home in 94305?
Connect with a local specialist
Loading Map...