Balanced Market
→ StableGreen Acres, Palo Alto Market Update
Green Acres is a balanced market, a good environment for thoughtful decisions on both sides:
- Homes go pending in about 8.5 days, so move quickly or you'll miss out
- Selling 1% below asking. Sellers are flexible on price
- Monthly payment: $12,720 at 6.37% (20% down on a $2.55M median home)
- Green Acres pricing is 21% below the Palo Alto median ($2.55M vs. $3.21M)
Conditions are holding steady. What you see now is likely what you'll see next month.
Median Sale Price
$2.55M
3 sold this month
Days on Market
8.5 days
Homes sell in a week or two
Sale-to-List Ratio
98.6%
Selling 1% below asking
Active Inventory
3
Very low. Limited options for buyers
Sold Above List
33%
Some homes attract competing offers
Price Drops
n/a
Sellers rarely reduce their price
Off Market in 2 Wks
100%
10 in 10 go pending within 2 weeks
Monthly Payment
$12,720
· 6.37% · 30yr fixed
Principal & interest only on a 20% down $2.55M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$1,303/mo on the median Green Acres home. Your actual rate depends on your credit, down payment, and loan type.Green Acres Trends
Median Sale Price
Up 292.3% year-over-year in Green Acres.
What You'd Actually Pay Per Month
Monthly cost is up 261% year-over-year in Green Acres.
Melanie Tan
8 Blocks Real Estate · DRE #02250755
“I know Green Acreswell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Green Acres
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