$1,495,000 101 Alma ST 503, Palo Alto 2 bd · 2 ba · 1,429 sqft
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HomeHomes for SalePalo Alto › 101 Alma ST 503
34 photos · MLS data verified August 31, 2026 · Updated every 15 min
$1,495,000 Active
2 Beds·2 Baths·1,429 sqft·N/A sqft lot·Built 1960
101 Alma ST 503, Palo Alto, CA 94301
Listed 7 days ago · August 24, 2026  |  MLS# ML82058751
$1,046/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. $10,996/moP&I $7,757 · Tax $1,557 · Insurance $262 · HOA $1,419Assumes 20% down ($299,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Condo Price Position in Palo Alto
Average $1.6M
This Home $1.5M
$835K$2.4M
82Active in Palo Alto
28Active in 94301
25Avg DOM
$1,699Avg $/SqFt
104.1%Sale-to-List
2.3 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.
Just Listed, 7 Days on Market
Palo Alto avg is 25 days. Early showings often see the most competition.
🏠
2 Bed / 2 Bath / 1,429 sqft on N/A sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $1.5M vs City Average $3.5M
$1,046/sqft compared to Palo Alto avg $1,699/sqft (-38.4%).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In

About This Home

Modern luxury with breathtaking views in downtown Palo Alto! Completely updated with walls of glass, designer hardware, clean lines, engineered flooring, fresh paint and chic style throughout. Open floorplan concept with an abundance of natural light. A stylish yet functional kitchen with stainless appliances, custom cabinetry, sleek counters and comfortable breakfast bar. Two bathrooms, including a primary ensuite with walk in showers, marble mosaic tiling, frameless glass floating toilets, sharp lighting and elegant vanities. In unit laundry included. Formal entry, plenty of closet space and central hall leading to two private bedrooms. 5 star amenities that include concierge, pool, fitness center, club room and pool. A+ corner location with western views of the community pool and grounds. Stanford University, the surrounding hills and incredible sunsets. Close proximity to all that Palo Alto has to offer - vibrant downtown shops and restaurants, Stanford Shopping Center, Standford University, parks, recreation and public transportation.
MLSListings IDX
MLS ID #ML82058751, Mike Bohnert. Listing provided by Coldwell Banker Realty · MLSListings Inc.
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Property Details

Property Type
Condominium
Year Built
1960
Bedrooms
2
Bathrooms
2 Full
Living Area
1,429 sqft
Lot Size
N/A sqft
Garage
1 Spaces
Price/sqft
$1,046
County
SantaClara
MLS Number
ML82058751
Status
Active
Stories
N/A
HOA
$1419/mo

Interior Features

CentralForcedAir

Exterior & Lot

Other Roof1-Car GaragePool

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
101 Alma ST 503, Palo Alto, CA 94301 · SantaClara County

Market Context

Price Positioning
$ Price context: Listed at $1,046/sqft vs Palo Alto avg $1,699/sqft (38.4% below).
$ Sale-to-list: Palo Alto homes selling at 104.1% of asking.
Velocity: City avg 25 days. This home: 7 days.
🏠 Inventory: 29 2-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
Broker · Over 23 Years Experience

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Market Snapshot

$4,857,413Avg Sale Price+7.1% vs Last Year
25Avg DOM-16.7 days vs Last Year
82Active Listings+32.3% vs Last Year
104.1%Sale-to-List+1.0% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

What would your Palo Alto home sell for today?

Homes in Palo Alto are selling at 104.1% of asking in 25 days.

104.1%Sale-to-List
25Avg Days
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Schools in Palo Alto

Aegis School Excellence Index

10

El Carmelo Elementary

Palo Alto Unified SD · K-5

10

Ellen Fletcher 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

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455 Grant AVE 10$1,320,0003bd/2ba/1,280sf
1545-1565 Stanford AVE$4,750,0004bd/4.5ba/2,260sf
View All Listings →

Buyers and sellers researching DowntownPaloAlto in Palo Alto will find 101 Alma ST 503 to be a strong reference point. Listed at $1,495,000, this 2-bed, 2-bath home sits in a market where comparable properties average $1,699 per square foot. Homes in Palo Alto (94301) are currently averaging 25 days on market.

2-Bedroom Homes for Sale in Palo Alto 94301

Browse 2-bedroom condominium listings in the DowntownPaloAlto area of Palo Alto. Properties in 94301 are currently averaging $1,699 per square foot with 25 days on market.

What to Expect When Buying in DowntownPaloAlto

The DowntownPaloAlto 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 · 2 bed / similar sqft · Palo Alto 94301

3909 Middlefield RD E
Sold $1,320,000
2 bd · 2 ba · 1,238 sqft
$1,066/sqft · 0.8% below list
Closed Aug 28, 2026 · 52 days on market
MLSListings IDXMLS ID #ML82050037, Deborah Finkel. Listing provided by Coldwell Banker Realty · MLSListings Inc.
101 Alma ST 608
Sold $1,000,000
2 bd · 2 ba · 1,531 sqft
$653/sqft · 9.1% below list
Closed Aug 14, 2026 · 87 days on market
MLSListings IDXMLS ID #ML82046398, Mike Bohnert. Listing provided by Coldwell Banker Realty · MLSListings Inc.
101 Alma ST 907
Sold $2,152,500
2 bd · 2 ba · 1,565 sqft
$1,375/sqft · 5.6% below list
Closed Aug 14, 2026 · 58 days on market
MLSListings IDXMLS ID #ML82049717, Jessie Li. Listing provided by Intero Real Estate Services · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In July 2026, 35 homes sold in Palo Alto at an average of $4,857,413. The average sale closed at 104.1% of asking price.

35Sold (July 2026)
$4,857,413Average Sale Price
104.1%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Palo Alto, 18 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 81 →

Similar 2-Bedroom Homes in Palo Alto View All 29 →

2 bed · $1.1M-$1.9M · Active in Palo Alto

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Palo Alto Market Overview Full Stats →

$4,857,413Avg Sale Price+7.1% vs Last Year
25Avg DOM-16.7% vs Last Year
82Active Listings
104.1%Sale-to-List
$1,699Price/sqft
2.3Months Inventory
35Closed (Last Mo)
60New Listings/Mo
Source: MLSListings Inc. · August 2026

Latest Palo Alto Insights More →

Frequently Asked Questions

Listed at $1,495,000 ($1,046/sqft). Palo Alto avg is $1,699/sqft, placing this 38.4% below. Comparable recent sales help frame the value.
Listed 7 days (as of August 24, 2026). Palo Alto average is 25 days.
Est. $10,996/mo with 20% down ($299,000) at 6.75%. Includes principal & interest ($7,757), property tax ($1,557), and insurance ($262). HOA: $1419/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 82 active listings in Palo Alto (29 are 2-bedroom). At $1,495,000 this is positioned against the city average of $3,529,841. Similar homes have sold at 104.1% of asking.
2-bedroom homes in Palo Alto (94301) are currently averaging $1,699 per square foot. Market activity shows homes spending an average of 25 days on market in this area.
101 Alma ST 503 in Palo Alto is currently listed at $1,495,000. This 2-bedroom, 2-bathroom condominium is located in the DowntownPaloAlto area.

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MLSListings IDX

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 Aug 31, 2026 3:30 AM PT. 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: Aug 31, 2026 3:30 AM PT | Source: MLSListings Inc.

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