The price of a Silicon Valley new home for sale is generally significantly higher than either the median or average price in the same area. Furthermore, higher priced areas are more likely to have new houses built in them. The East Palo Alto median and average house price is near $1M, while the quarterly maximum house price rarely exceeds $2M. All 25 of the Silicon Valley new homes for sale exceed $1M in price. Those Silicon Valley new homes with a price below $2M are either a condo, a lot with plans for a new house, or at the far edges of what would be considered Silicon Valley. We many never see a new house offered for sale in East Palo Alto in the future.