Interesting Palo Alto sales stats....

I took a look at the 4th quarter sales stats for 2005 thru 2008. Normally, I separate South PA and North PA but there just weren't enough sales to glean anything meaningful. Here are the Q4 sales stats with sales volume (all rounded up)....

2005 Q4: median sales price: $1,347,000/sales volume:  $157,000,000

2006 Q4: median sales price:$1,538,000/sales volume: $172,000,000

2007 Q4: median sales price: $1,861,000/sales volume: $163,000,000

2008 Q4: median sales price: $1,473,000/sales volume: $95,000,000