Balanced Market
▲ Heating UpCrescent Park, Palo Alto Market Update
Crescent Park is a balanced market, a good environment for thoughtful decisions on both sides:
- Homes go pending in about 12 days, so move quickly or you'll miss out
- Selling at or just above list price. Fair offers still win here
- Monthly payment: $29,556 (20% down), 3.0x the Bay Area average
- Crescent Park pricing is 85% above the Palo Alto median ($5.92M vs. $3.21M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$5.92M
▲ 17.7% YoY
5 sold this month
Up $890K from last year
Days on Market
12 days
▲ +3d YoY
Homes sell in a week or two
Sale-to-List Ratio
101.6%
▲ from 97.3%
Selling at or just above asking
Active Inventory
3
Very low. Limited options for buyers
Sold Above List
40%
▲ 40pp YoY
Some homes attract competing offers
Price Drops
n/a
Sellers rarely reduce their price
Off Market in 2 Wks
75%
▲ 25pp YoY
8 in 10 go pending within 2 weeks
Monthly Payment
$29,556
· 6.37% · 30yr fixed
Principal & interest only on a 20% down $5.92M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$3,028/mo on the median Crescent Park home. Your actual rate depends on your credit, down payment, and loan type.Crescent Park Trends
Median Sale Price
Up 17.7% year-over-year in Crescent Park.
What You'd Actually Pay Per Month
Monthly cost is up 8% year-over-year in Crescent Park.
Melanie Tan
8 Blocks Real Estate · DRE #02250755
“I know Crescent Parkwell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Crescent Park
Market data: Redfin Data Center · Rates: FRED / Federal Reserve · Updated weekly · Data through Feb 2026
© 2026 Melanie Tan, 8 Blocks Real Estate · DRE #02250755
© 2026 Melanie Tan, 8 Blocks Real Estate · DRE #02250755