The ultimate hub of technological development and innovation, Palo Alto offers residents a place to thrive and grow. But despite being a city known for its technology, Palo Alto remains to be a beautifully historic city, sounded by trees and open space for community enjoyment. Palo Alto, translated from Spanish to tall stick, received its name from its landmark Redwood tree, found on the east bank of San Francisquito Creek. Only 35 miles from San Francisco and 14 miles from San Jose, Palo Alto’s community provides residence to approximately 61,200 people.
Many exciting attractions for all ages can be found all over the city of Palo Alto. Besides being home to the Stanford Research Park, the city has a vibrant downtown, various gardens, parks, museums, art centers, and a junior zoo for family entertainment. Additionally, the Palo Alto library holds weekly story time events for children and families.
Education & Jobs Abound
Palo Alto offers excellent public schools, which make this city one of the most wanted city to live. The Palo Alto Unified School District is known as one of the most prestigious districts in the United States for numerous reasons. The district works to encourage students to their best in order to prepare them for the future ahead. It also comes with a dedicated and supportive community that assures schools meet these goals. Palo Alto Unified School District covers 12 elementary schools, three middle schools and two high schools.
The town of Palo Alto is located next to Stanford University’s main campus, though the university’s shopping center and Research Park are both within the city. Stanford is one of the world’s leading universities—it’s separated into seven academic schools and has slightly fewer than 18, 200 students in attendance, according to the Stanford University Common Data Set for 2013. The school has a wide diversity of students as well as a vast student life. Stanford prides itself in its dedication towards preparing students for life after college. As part of this, Stanford has fed the fuel for numerous innovative startups. Standford gives student startups the knowledge, encouragement and, in some cases, the grants needed to get off the ground.
Though Palo Alto’s school system already has a strong influence over making this city an attractive living choice, there are also an abundance of desirable employment opportunities. The city is home to numerous popular technology-based companies, including Hewlett-Packard, VMware, Tesla Motors, , and Skype and. Further, Palo Alto has served as the breeding ground for other well-known technology companies such as Apple Inc., Google, Facebook, Logitech, Intuit, Sun Microsystems, Pinterest and PayPal.
Located in the Silicon Valley, the Bay Area and Santa Clara County, Palo Alto presents easy access to various surrounding cities. Travelers can access neighboring cities by taking Interstate 280, Highway 101, Highway 84 and Highway 92. Bus and shuttle transportation further provide easy access to San Francisco, San Jose and Oakland international airports. For transportation within the city, Palo Alto residents can hop on the Caltrail rail system.
Palo Alto Neighborhoods
- Palo Alto Hills
- Green Acres
- Barron Park
- South Palo Alto
- College Terrace
- South Gate
- Old Palo Alto
- Green Gables
- Crescent Park
- Community Center
Buying a Home in Palo Alto
Business, educational values, fantastic homes and entertainment, Palo Alto has it all. In 2015, median price for omes in the Palo Alto are valued at approximately $2,750,000, and have increased by nearly 24 percent over the past year. Given that Palo Alto is such a desirable place to live, home values are expected to continue increasing in the next year.
Palo Alto Homes Year Over Year Stats
- Median home prices decreased by 6.2% year-over-year to $2,540,000 from $2,699,000.
- The average home sales price decreased by 5.1% year-over-year to $2,941,470 from $3,137,741.
- Home sales increased by 8.9% year-over-year to 354 from 325.
- The average days on market increased year-over-year to 23 from 18.
Palo Alto Homes For Sale