Don't look now but your high real estate prices are showing.
It's its own town. Stanford, California. By contrast other communities pale before the vast academic legacy of Stanford with its 15,000 student population. What city shares much of that legacy? Palo Alto. It's where a lot of the people involved with the university make their homes.
Research may begin and end at Stanford but home for the evening means nearby communities.
Anyone can see at a glance that homes are priced higher than most locales. Price per square foot exceed $1,000. Homes are at a premium all throughout the bay area and a Palo Alto home is no exception to the rule.