The real estate market has really picked up since Labor Day (it usually does, but buyers came back into the market in force this year)! I think the best house for the money in Palo Alto is 157 Primrose, in the Duveneck School district. It's priced at $1.625mn, 3 bedrooms, 2,060 square feet on an 8, 800 square foot lot, mostly updated, a beautiful new kitchen and family room, and all the rooms are large. The downside is it doesn't have a master bath, but that could be easily fixed by converting the large laundry room - it's nice to have a laundry room close to the bedrooms, but it's a trade-off I would definitely settle for. My guess is it will get multiple offers this week.