Palo Alto

 Palo Alto Homes For Sale & Real Estate

The name Palo Alto immediately springs to mind ‘Stanford University’, where the brightest minds come to learn how to change the world. With its prime position in the heart of Silicon Valley, the city is a technology and commercial hub. It is home to Xerox, VMware and Hewlett-Packard – to name a few top companies.

The California charter city is known for its high cost of living. It is also home to some of the country’s most educated people. Individuals and families seeking homes for sale in Palo Alto don’t mind paying extra for the cultural, educational and professional benefits, as well as the high-class status the city affords.

Spanish explorers who camped here in the 1700s named the city after its landscape of redwood trees: ‘El Palo Alto’ (‘high tree’). It became a full-fledged city only after Stanford University was formed and its professors made north Palo Alto their home. It was officially incorporated in 1894. Today, the city has many natural habitats such as an oak forest and an estuary. You will find a variety of estuarine wildlife and birds during peak seasons.

Being an important college town and center of technological excellence, homes for sale in Palo Alto are naturally expensive. But the good news is that home prices retain their value much better than other San Francisco Bay Area communities. This is a strong reason why the city has emerged as an investment hotspot over the years. Keep in mind that the local real estate market is competitive, with most properties attracting several offers. You’ll find that homes for sale in Palo Alto cover a broad range of styles, certainly something for everyone.