Home Front for Dec. 14: | December 14, 2012 | Palo Alto Weekly | Palo Alto Online |


Palo Alto Weekly

Real Estate - December 14, 2012

Home Front for Dec. 14:

LOS ALTOS IS TOPS ... Los Altos edged out Palo Alto this year as the most expensive city to buy a four-bedroom, two-bathroom home, according to the Coldwell Banker Real Estate 2012 Home Listing Report. In Los Altos the average cost was $1.7 million, while Palo Alto's was $1.5 million, just behind Menlo Park. Five of the most expensive areas in the country are located in the Bay Area: Los Altos, Saratoga, Menlo Park, Palo Alto and Los Gatos. The most affordable homes can be found in Redford, Mich., for $60,490 — not that much more than the most affordable market in California, in Adelanto (San Bernardino County), at $99,824. The full report can be found at http://hlr.coldwellbanker.com/SurveyStateList.html

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