$1,695,000 561 Thain WAY, Palo Alto 3 bd · 2 ba · 1,445 sqft
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HomeHomes for SalePalo Alto › 561 Thain WAY
33 photos · MLS data verified May 15, 2026 · Updated every 15 min
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$1,695,000 Active
3 Beds·2 Baths·1,445 sqft·N/A sqft lot·Built 1980
561 Thain WAY, Palo Alto, CA 94306
Listed 15 days ago · April 30, 2026  |  MLS# ML82045241
$1,173/sqft -38% vs Palo Alto avg
What this means: Priced below the Palo Alto per-sqft average. Compare to recent sales below for context.
Est. $11,873/moP&I $8,795 · Tax $1,766 · Insurance $262 · HOA $1,050Assumes 20% down ($339,000) at 6.75% · Get personalized estimate
Is This A Good Fit?
✓ Good fit if…
You're looking for a home in Palo Alto at this size, beds, and bath count, and the asking price aligns with your search range.
✕ Not ideal if…
You want a different size, layout, or significantly different price point. Use the filters to refine your search.
Based on recent comparable sales in 94306 and Palo Alto market data. Not a guarantee of investment outcome.
Price Position in Palo Alto
Median $2.8M
This Home $1.7M
$1.5M$6.6M
72Active in Palo Alto
27Active in 94306
29Avg DOM
$1,884Avg $/SqFt
104.5%Sale-to-List
1.2 moInventory
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Why This Home Stands Out

📍
Palo Alto Location
Active listing in Palo Alto, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
3 Bed / 2 Bath / 1,445 sqft on N/A sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
🌱
OPEN SUN, 2PM TO 4PM
Tour the property in person. No appointment needed.
💰
Listed at $1.7M vs City Median $2.8M
$1,173/sqft compared to Palo Alto avg $1,884/sqft (-37.7%).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In

About This Home

Come, see and enjoy this beautiful home, nestled amongst the trees in the desirable Barron Square community. Featuring three bedrooms, dedicated office space, a separate laundry room, an open floor plan with soaring ceilings and multiple balconies. Conveniently located near schools, including Gunn High School, parks, shopping, transportation, and so much more. Updated throughout, ready to move in and enjoy!
MLSListings IDX
Listing courtesy of Midtown Realty · Timothy Foy
MLS# ML82045241 · Data from MLSListings Inc.
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Property Details

Property Type
Condominium
Year Built
1980
Bedrooms
3
Bathrooms
2 Full
Living Area
1,445 sqft
Lot Size
N/A sqft
Garage
1 Spaces
Price/sqft
$1,173
County
SantaClara
MLS Number
ML82045241
Status
Active
Stories
N/A
HOA
$1050/mo

Interior Features

CentralForcedAir

Exterior & Lot

Composition, Other, Tile Roof1-Car GaragePool

Location

This HomeActivePendingSold
561 Thain WAY, Palo Alto, CA 94306 · SantaClara County

Market Context

Price Positioning
$ Price context: Listed at $1,173/sqft vs Palo Alto avg $1,884/sqft (37.7% below).
$ Sale-to-list: Palo Alto homes selling at 104.5% of asking.
Velocity: City avg 29 days. This home: 15 days.
🏠 Inventory: 20 3-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
Broker · 15 years in Palo Alto

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Market Snapshot

$2,849,000Median Price+12.3% vs Last Year
29Avg DOM-14.7 days vs Last Year
72Active Listings
104.5%Sale-to-List-0.3% vs Last Year
Full Market Snapshot →
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"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."
The Patel Family, Palo Alto
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593Timothy@AegisHomesRE.com
For Homeowners

What would your Palo Alto home sell for today?

Homes in Palo Alto are selling at 104.5% of asking in 29 days.

104.5%Sale-to-List
29Avg Days
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Schools in Palo Alto

Aegis School Excellence Index

10

Fairmeadow Elementary

Palo Alto Unified SD · K-5

10

Jane Lathrop Stanford Middle

Palo Alto Unified SD · 6-8

10

Henry M. Gunn High School

Palo Alto Unified SD · 9-12

School information is for general reference only. Contact districts directly for enrollment and boundary info.

More in Palo Alto

690 Lincoln AVE$3,980,0003bd/2.5ba/1,913sf
4151 El Camino WAY M$899,0002bd/2ba/938sf
290 Leland AVE$3,848,0003bd/2ba/1,513sf
View All Listings →

Buyers and sellers researching BarronPark in Palo Alto will find 561 Thain WAY to be a strong reference point. Listed at $1,695,000, this 3-bed, 2-bath home sits in a market where comparable properties average $1,884 per square foot. Homes in Palo Alto (94306) are currently averaging 29 days on market.

3-Bedroom Homes for Sale in Palo Alto 94306

Browse 3-bedroom condominium listings in the BarronPark area of Palo Alto. Properties in 94306 are currently averaging $1,884 per square foot with 29 days on market.

What to Expect When Buying in BarronPark

The BarronPark market in Palo Alto features a mix of condominium properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.

Recently Sold in Palo Alto

Closed within 6 months · 3 bed / similar sqft · Palo Alto 94306

744 Mayview
Sold $3,925,000
3 bd · 1 ba · 1,552 sqft
$2,528/sqft · +9.1% above list
Closed May 13, 2026
MLSListings IDXCompass
792 E Meadow DR
Sold $3,000,000
3 bd · 1.5 ba · 1,252 sqft
$2,396/sqft · +25.1% above list
Closed May 13, 2026
MLSListings IDXKW Advisors
Sold $3,400,000
3 bd · 2 ba · 1,343 sqft
$2,531/sqft · +3.0% above list
Closed May 13, 2026
MLSListings IDXCompass
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In the past 90 days, 59 homes sold in Palo Alto at an average of $2,849,000. The average sale closed at 104.5% of asking price.

59Sold (90 Days)
$2,849,000Average Price
104.5%Sale-to-List
Timothy
What happens when the right home lists and you find out 6 hours later?
In Palo Alto, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Palo Alto Homes for Sale View All 72 →

Similar 3-Bedroom Homes in Palo Alto View All 20 →

3 bed · $1.3M-$2.1M · Active in Palo Alto

Nearby Open Houses See All →

Palo Alto Market Overview Full Stats →

$4,116,659Avg Sale Price+12.3% vs Last Year
29Avg DOM-14.7% vs Last Year
72Active Listings
104.5%Sale-to-List
$1,884Price/sqft
1.2Months Inventory
59Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · May 2026

Latest Palo Alto Insights More →

Frequently Asked Questions

Listed at $1,695,000 ($1,173/sqft). Palo Alto avg is $1,884/sqft, placing this 37.7% below. Comparable recent sales help frame the value.
Listed 15 days (as of April 30, 2026). Palo Alto average is 29 days.
Est. $11,873/mo with 20% down ($339,000) at 6.75%. Includes principal & interest ($8,795), property tax ($1,766), and insurance ($262). HOA: $1050/mo.
There are 72 active listings in Palo Alto (20 are 3-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.
3-bedroom homes in Palo Alto (94306) are currently averaging $1,884 per square foot. Market activity shows homes spending an average of 29 days on market in this area.
561 Thain WAY in Palo Alto is currently listed at $1,695,000. This 3-bedroom, 2-bathroom condominium is located in the BarronPark area.

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MLSListings
Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.
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 15, 2026 at 1:27 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
Equal Housing Opportunity. Data deemed reliable but not guaranteed. © 2026 Aegis Luxury Real Estate.
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