30 photos · MLS data verified May 14, 2026 · Updated every 15 min
$1,695,000List $1,695,000100% of listSold May 13, 2026
2 Beds·3 Baths·1,530 sqft·N/A sqft lot·Built 1981
685 High ST 5A, Palo Alto, CA 94301
Listed 63 days ago · March 12, 2026 | MLS# ML82038311
$1,107/sqft -42% vs Palo Alto avg
What this sale tells us: This home closed at 100% of asking after 63 days on market. Comparable Palo Alto homes today are pricing against this exact data point.
Price Position in Palo Alto
Median $2.8M
This Home $1.7M
$1.5M$6.6M
100%of List Price
63Days on Market
$1,107Per Sqft
$1,695,000Sold May 13, 2026
70Active in Palo Alto
32Active in 94301
29Avg DOM
$1,898Avg $/SqFt
104.5%Sale-to-List
1.2 moInventory
59Closed Last 90 Days
104.5%Sale-to-List (City)
29Avg Days on Market
Most sellers left money on the table.
59 homes closed in Palo Alto in the past 90 days. The ones who priced from data, not from instinct, closed faster and netted more.
What would happen to your plans if the market shifted before you had the numbers?
"The sellers who leave the most money on the table are not the ones who price wrong. They are the ones who did not know what the right price was before they started. That is the gap I close. What would change if you knew the number first?"
Top floor, two-level penthouse unit featuring dramatic vaulted ceilings with skylights on the main level, open concept living, dining and gorgeous kitchen, and views of the Western Hills! Downtown Palo Alto living at its finest, this two bedroom, two-and-a-half bathroom home offers an unbeatable location just a block away from Whole Foods, Peet's Coffee, Pizzeria Delfina and the fantastic dining and shopping along University Ave. Stunning kitchen updated with sleek modern cabinetry, peninsula for extra counter space and pantry unit for storage. Additional comforts include a half bath on main level, in-unit washer dryer, building elevator, deeded storage unit and two parking spaces in the secure underground garage. Top-rated Palo Alto schools including Addison Elementary, Greene Middle School, and Palo Alto High School (Buyer to verify) and proximate to Caltrain and Highway 101 for easy commuting. This is a must-see!
Listing courtesy of Compass · Adam Touni MLS# ML82038311 · Data from MLSListings Inc.
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Property Details
Property Type
Condominium
Year Built
1981
Bedrooms
2
Bathrooms
2 Full, 1 Half
Living Area
1,530 sqft
Lot Size
N/A sqft
Garage
2 Spaces
Price/sqft
$1,107
County
SantaClara
MLS Number
ML82038311
Status
Closed
Stories
N/A
HOA
$1032/mo
Interior Features
Other
Exterior & Lot
Other Roof2-Car Garage
Location
This HomeActivePendingSold
685 High ST 5A, Palo Alto, CA 94301 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $1,107/sqft vs Palo Alto avg $1,898/sqft (41.6% below).
$Sale-to-list: Palo Alto homes selling at 104.5% of asking.
⏲Velocity: City avg 29 days. This home: 63 days.
🏠Inventory:21 2-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Recently Sold Comp · Updated every 15 min
Timothy Alston
Broker · 15 years in Palo Alto
What happens to your equity if the market shifts before you act?
This home sold at 100% of asking in 63 days. Your home could be next, if you have the right number.
"Timothy showed us a home 4 hours after it hit the MLS. We toured that evening, offered by 9pm, and were in contract by Friday. Two other offers came in Saturday morning."
Listed at $1,695,000 ($1,107/sqft). Palo Alto avg is $1,898/sqft, placing this 41.6% below. Comparable recent sales help frame the value.
Listed 63 days (as of March 12, 2026). Palo Alto average is 29 days.
Est. $11,855/mo with 20% down ($339,000) at 6.75%. Includes principal & interest ($8,795), property tax ($1,766), and insurance ($262). HOA: $1032/mo.
There are 70 active listings in Palo Alto (21 are 2-bedroom). At $1,695,000 this is positioned against the city median of $2,849,000. Similar homes have sold at 104.5% of asking.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of the date shown. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino, CA 95014. (408) 207-4593.
Last updated: May 14, 2026 at 8:10 PM PT | Data reflects May 2026 MLS statistics
Aegis Luxury Real Estate
Timothy Alston · Broker · DRE #01328224 10080 N. Wolfe Rd, Ste SW3-200 · Cupertino, CA 95014 (408) 207-4593 · Timothy@AegisHomesRE.com
685 High ST 5ASold $1,695,0002 bd · 3 ba · 1,530 sqft
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