A 660-square-foot house built in 1926 in Palo Alto was recently sold for $1,650,000, equating to $2,500 per square foot. This single-story property, which includes two bedrooms and one bath, is emblematic of the area's rising housing market. Nearby sales further highlight this trend, with prices skyrocketing; for instance, a 1,122-square-foot home sold for $3,050,000 and a 508-square-foot home fetched a staggering $5,600,000, underscoring the competitiveness of real estate in Palo Alto.
The significant sale of a historic 660-square-foot home in Palo Alto reflects the increasing real estate prices in the area, marked by a price of $2,500 per square foot.
Recent home sales nearby reveal a trend of inflated property values, with prices per square foot ranging significantly, indicating a competitive housing market in Palo Alto.
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