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Market Pulse

East Palo Alto market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Sale price vs asking

SALE PRICE VS ASKINGEast Palo AltoCondos · March 2026Bidding wars are the norm in East PaloAlto: 100% of condos sold over asking.115.6%average sale price vs. asking priceSold over asking100%vs. a year agoN/A102.5%99.4%96.3%Sold at asking price115.6%Feb 2022Jan 2024Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The negotiation gap

THE NEGOTIATION GAPEast Palo AltoCondos · March 2026East Palo Alto condos are closing +15.6%above asking. The list price is thefloor, not the ceiling.-$454Kmedian sale price minus asking priceMedian asking price$974KMedian sale price$520K$1.05M$790K$528KSoldAskingFeb 2022Jan 2024Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Median sale price

MEDIAN SALE PRICEEast Palo AltoCondos · March 2026Where East Palo Alto condo values standright now.$520Kmedian sale priceYear over yearN/AHomes sold last month1$777K$599K$420K$520KJan 2015Nov 2019Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLEast Palo AltoCondos · March 2026East Palo Alto condos are flying off themarket in 14 days.14 daysmedian time to pendingGone within two weeksN/Avs. a year agoN/A235d156d78d14dFeb 2022Jan 2024Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSEast Palo AltoCondos · March 2026East Palo Alto buyers have 5 activecondos to choose from.5active listingsYear over yearN/AMonths of supply5.05425Feb 2022Jan 2024Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Price cuts

PRICE CUTSEast Palo AltoCondos · July 20251 in 3 East Palo Alto listings cut itsasking price last month.33%of active listings cut their asking pricevs. a year agoN/AActive listings377%56%35%33%Feb 2022Aug 2023Jul 2025Generated by ListingCopilot.ioSource: Redfin housing market data

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The two-speed market

THE TWO-SPEED MARKETEast Palo AltoCondos · July 2025100% of East Palo Alto condos wentpending within two weeks. Priced-rightlistings do not wait.100%of listings went pending within two weeksMedian time to pending4 daysvs. a year agoN/A55%33%12%Half of listings100%Feb 2022Jul 2023Jul 2025Generated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEEast Palo AltoCondos · March 2026East Palo Alto condo values are down-17% from 10 years ago.-17%median sale price growth since 2016Median price in 2016$628KAverage gain per year-1.9%$682K$541K$399K$520KJan 2015Nov 2019Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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