63 homes in near CASTILLEJA SCHOOL
Homes for Sale near CASTILLEJA SCHOOL
PALO ALTO, CA
$1,320,000
FOR SALE455 Grant Avenue 10, Palo Alto, CA 94306
3 beds · 2 baths · 1,280 sqft
About Homes near CASTILLEJA SCHOOL
About PALO ALTO: CASTILLEJA SCHOOL is located in PALO ALTO. 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.
These are homes for sale within about 2 miles of CASTILLEJA SCHOOL in PALO ALTO. The area around the school has 63 active listings.
CASTILLEJA SCHOOL Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 9% over the last six months, though still 4% below a year ago, and there is only 2.5 months of supply. At the same time, the typical home takes about 52 days to sell, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.98M
↓ 4% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Tight Supply63 active listings against the current sales pace works out to about 2.5 months of supply.
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. Listings typically sell in ~52 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 61% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in CASTILLEJA SCHOOL Area
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
26,054 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.0M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.2M)
Price Reductions
14 listings have reduced their price
22% of active listings
Average reduction: 10.8% (~$213K)
CASTILLEJA SCHOOL Area Market Overview
Listings on this page are selected by distance to CASTILLEJA SCHOOL, not by a confirmed attendance boundary. Confirm enrollment with the district. The median list price in the CASTILLEJA SCHOOL area is $2M. That is about 26.2% below the PALO ALTO median. Current inventory stands at 63 active listings. February to July saw the median price go from $3.5M to $3.8M, up about 7.0%.
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Frequently Asked Questions about Homes near CASTILLEJA SCHOOL
How many homes are for sale in CASTILLEJA SCHOOL Area, CA?
There are currently 63 homes for sale in CASTILLEJA SCHOOL Area, ranging from $520,000 to $16,588,000. 14 of them hit the market within the last week.
What is the median home price in CASTILLEJA SCHOOL Area?
The median list price in CASTILLEJA SCHOOL Area is $1,975,000. Price per square foot averages $32409. Prices are down 4.0% compared to a year ago.
How fast do homes sell in CASTILLEJA SCHOOL Area?
Homes in CASTILLEJA SCHOOL Area currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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