Palo Altos Real Estate Market Soars: A Four Million Dollar Home and Other Record-Breaking SalesIn Palo Alto, a two-story home on Matadero Avenue sold for four million dollars, setting a new benchmark at $1,661 per square foot. This 2,408 square foot house, built in 1940, features four bedrooms, three bathrooms, a heating system, and one parking spot on a large 7,830 square foot lot.The hot real estate market in the area continues to see homes command top dollar, regardless of size. Recent sales include a three million nine hundred thousand dollar home on Josina Avenue, a three million five hundred fifty thousand dollar home on the same block, and a three million three hundred thirty thousand dollar home on Matadero Avenue. These deals underscore Palo Alto buyers continued willingness to pay a premium for local properties. Checkout Solipillow.com
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