A recent real estate transaction in Palo Alto saw a 1,357-square-foot house sold for $3,950,000, amounting to $2,911 per square foot. Built in 1950, it features three bedrooms and two bathrooms, set on a 6,000-square-foot lot, indicating significant outdoor space. Other nearby properties also show robust sales figures, with comparative homes listed at varying per square foot prices. The report, generated by Bay Area Home Report Bot, reflects the growing trend of automated data analysis in real estate.
The recent sale of a single-story house in Palo Alto for $3,950,000 highlights the high value of real estate in the area, with a price per square foot that is significantly elevated compared to nearby sales.
This property, built in 1950 and featuring three bedrooms and two bathrooms, sits on a spacious lot of 6,000 square feet, showcasing ample outdoor space for potential buyers.
In contrast, homes sold nearby, like a 4,950-square-foot home for $6,600,000, demonstrate varying market dynamics with substantial differences in size and pricing per square foot.
Generated by software, this article underscores the increasing trend of automated reporting in real estate, reflecting sales data compiled from local county records.
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