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Palo Alto Real Estate - Palo Alto California

Palo Alto California: Located 35 miles south of San Francisco and 14 miles north of San Jose, Palo Alto is a community of approximately 61,200 residents. The City encompasses an area of approximately 26 square miles, of which one-third is open space.
Palo Alto is strategically located in the middle of the San Francisco Peninsula and close to both Silicon Valley and Stanford University. The Stanford Industrial Park that borders the university is one of the earliest industrial parks in the United States, born of collaborate efforts between the university and surrounding industries.

More than 100 years old, Palo Alto is named for a majestic 250 year old coastal redwood tree, El Palo Alto, that used to stand along the San Francisquito Creek where early Spanish explorers settled. Part of the tree toppled in recent years, but part of it still remains.

The blend of business and residential areas anchored by a vibrant downtown defines Palo Alto's unique character. A charming mixture of old and new, Palo Alto’s tree-lined streets and historic buildings reflect its California heritage. At the same time, Palo Alto is recognized worldwide as a leader in cutting-edge technological development. This exciting mix of tradition and innovation makes Palo Alto an extraordinary place in which to operate a business.

Unique among California cities, Palo Alto is a full-service municipality that owns and operates its gas, electric, water, sewer, refuse and storm drainage services at very competitive rates for its customers. As befits the City known as "Birthplace of the Silicon Valley," the City has developed a 31-mile dark fiber ring for ultra-fast Internet access.

Characteristic of Palo Alto is the care taken to protect open space and parkland. Palo Alto has a remarkable number of City-owned parks for its size (34 at last count) and nearly one-third of its 26 square miles is open space.

Complementing its exciting and innovative business community, Palo Alto's residents are highly educated, politically aware and culturally sophisticated. An abundance of local pride and numerous neighborhood organizations contribute to Palo Alto's charming historic and upscale commercial and residential areas. Palo Alto schools are ranked among the best in California, and this, along with the moderate climate and the natural beauty adds to its appeal.

Housing in Palo Alto is among the most expensive in the country, with small "starter" homes on small lots fetching prices above $600,000. The city suffers from a chronic shortage of houses for sale, which makes the real estate market very competitive. Still, people are willing to sacrifice to live in this unique and exciting city.

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