|Apartment Size||May||vs Last Month|
|2 bed for sale||$1,634,000||-11%|
|3 bed for sale||$2,850,000||+24.5%|
|4+ bed for sale||$12,100,000||+130.5%|
During May 2022, the average price for an apartment in/near University South, Palo Alto, CA increased by 90.8% to $4,402,500.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $1,634,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $2,850,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $12,100,000 for a big-family home.
|Listing Type||May||vs Last Month|
|Townhouses for sale||$1,588,000||-26%|
|Houses for sale||$12,100,000||+254.3%|
|Condos for sale||$1,886,400||-0.8%|
According to statistics, average house is still $12,100,000 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $1,886,400. Value of the townhouses didn’t change, the price still starts at $1,588,000.