Palo Alto, CA, is a key city in the San Francisco Bay Area and the Silicon Valley. The trees and classic suburban architecture give Palo Alto a hometown look, but the city is also home to a thriving technology industry, headquartering major tech corporations like Hewlett-Packard. And Stanford University, one of the country’s elite educational institutions, is adjacent to Palo Alto as well.
When looking for Palo Alto homes for sale, be prepared for the hefty prices. This suburb just outside of San Jose will put a dent in your wallet, but you will also reap the benefits of luxury suburban living. Palo Alto is an intellectual’s dream with Stanford University as its neighbor. When looking for home for sale in Palo Alto, keep in mind the above-average median home prices and its high cost of living index when making the decision to relocate. But if this is a feasible option, you’re sure in for a treat.
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| Population 58,598 | Median Age 40.2 yrs | Household Size: 2.30 |
| Avg Home Value: $811,800 | July High: 78.8°F | January Low: 40.4°F |
Palo Alto Homes for Sale
With a U.S. census population of less than 60,000 residents, Palo Alto boasts a median age of roughly 40 years and rising and a median house value of $1.36 million in September 2005. This city nestled just outside of the famed Silicon Valley and roughly 35 mile south of San Francisco can boast its close proximity to Stanford University, one of the best universities in the country. Almost 75 percent of the residents age 25 or older hold a bachelor’s degree and more than 40 percent of the residents age 25 or older hold a graduate degree. Many of the best minds of the Silicon Valley reside in Palo Alto, which make Palo Alto quite unique as over 25 percent of its residents are foreign-born. The climate is California crisp as sunshine with the occasional precipitation dominates the scenery. If you are looking for intellectual stimulation with Northern California suburban-style living, look no further than Palo Alto and Palo Alto homes for sale.
Palo Alto is situated in an area between San Francisco and San Jose called the Midpenninsula, which is engulfed with many musical venues, performing arts and a world-class art museum. Don’t forget the campus of Stanford University and its adjoining Stanford Shopping Center where all your shopping needs can be taken care of. If nature is more of your calling rather than the nightlife, be sure to take a walk, bike ride or hike through many of the area’s naturally-preserved trails and roads for visitors and residents alike to enjoy the natural landscape of the Northern California hillside. Palo Alto prides itself on environmental consciousness exhibited through its development of parks, picnic areas and hiking and biking trails.
Moving to Palo Alto
Palo Alto can be described as a residential suburban living area combined with the high tech environment of the Silicon Valley. Although the population of Palo Alto is fewer than 60,000, the number balloons to more than 110,000 during the work week as high-tech professionals crowd the freeways in this tech-savvy city. As a resident, you may be hampered by the sudden increase in traffic congestion, but that all fades away as you sit back, relax and enjoy the scenery outside your window as a resident of this city. Unique among California cities, Palo Alto is a full-service municipality providing utilities at competitive prices for its residents. The benefits are plentiful for relocating to Palo Alto. Finding Palo Alto homes for sale is an opportunity for individuals and families alike to enjoy a high quality of life.
By Jason Recacho
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®