East Palo Alto
Located in San Mateo County, California, is a vibrant city in the San Francisco Bay Area. Bordered by Palo Alto, Menlo Park, and the San Francisco Bay, it has a diverse population of approximately 30,000 residents. Incorporated in 1983, East Palo Alto has undergone significant revitalization, attracting technology companies and fostering a thriving small business community.
Recent Market Trends
As of November 2024, the median sale price for homes in East Palo Alto was $1.1 million, marking a 12.4% increase from the previous year. Homes typically sell after 19 days on the market, indicating a very competitive market.
Real Estate
East Palo Alto's real estate market features a mix of single-family homes, townhouses, and condominiums. The average home value is approximately $1,035,003, reflecting a 3.0% increase over the past year. The median price per square foot is around $763.
Key Features & Attractions
Cooley Landing: A waterfront park on the San Francisco Bay with picnic areas, walking trails, and a fishing pier, offering scenic views of the Bay and the Dumbarton Bridge.
Ravenswood Open Space Preserve: A 400-acre nature preserve with trails for hiking and nature walks, providing scenic views of the surrounding landscape.
Lifestyle Highlights
Residents enjoy a suburban lifestyle with access to urban amenities in nearby cities like Palo Alto and Menlo Park. The city's diverse population contributes to a rich cultural scene, with various dining options and community events. Proximity to parks and nature preserves offers ample recreational opportunities.
Transportation
East Palo Alto is served by major transportation routes, including U.S. Route 101 and California State Route 84, facilitating easy access to neighboring cities and the broader Bay Area. Public transportation is available through SamTrans bus services. The city's commitment to sustainable transportation is evident in its efforts to promote public transit, walking, biking, and the use of electric vehicles.
