Multi–family Homes in Palo Mesa
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Reonomy attracts a large community of Palo Mesa commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.
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Palo Mesa multi-family home sold prices and values
| Values and sold prices (last 24 months) | United States | California | Palo Mesa |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $1,283,505 | $1,829,141 | -- |
| Median sold price | $181,426 | $224,808 | -- |
| Number of sales | 484,315 | 63,361 | -- |
| Number of sales over $250k | 203,667 | 31,264 | -- |
| Number of sales over $1m | 58,525 | 16,278 | -- |
| Number of sales over $10m | 9,595 | 1,725 | -- |
| Average total tax amount | $12,610 | $15,096 | -- |
| Average assessed value | $616,979 | $1,273,530 | -- |
| Average market value | $821,850 | $1,273,557 | -- |
Palo Mesa multi-family home property averages
| Property averages | United States | California | Palo Mesa |
|---|---|---|---|
| Average lot size | 92,957 sf | 43,681 sf | -- |
| Median lot size | 6,968 sf | 7,146 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1949 | 1955 | -- |
| Average number of units | 9 | 10 | -- |
| Median number of units | 2 | 2 | -- |
Palo Mesa multi-family home total supply
| Supply | United States | California | Palo Mesa |
|---|---|---|---|
| Number of parcels | 4,072,584 | 567,315 | -- |
| Aggregate lot acerage | 10,162,279 | 576,631 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 25,982,070 | 5,149,900 | -- |
Palo Mesa multi-family home industrial mortgages
| Debt | United States | California | Palo Mesa |
|---|---|---|---|
| Number of mortgages | 10,935,335 | 2,484,304 | -- |
| Average value of mortgages | $1,839,549 | $1,501,915 | -- |
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