27 October, 2014

WEEK IN REVIEW: ACTIVE NEW LISTINGS, PENDING AND SOLD LISTINGS IN PALO ALTO

We had 14 new listings  in Palo Alto last week the as oppose to 8 the week before.
16 listings changed status to pending last week as oppose to 10 the week before and 17 listings  closed escrow last week as oppose to 14 the week before. the inventory is picking-up as usual around this time.

All listings sold significantly above the asking price but 4.
The inventory is very low.  The market remains a seller market.

If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.me to discuss a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active :14
Pending : 16
Sold : 17

ACTIVE LISTINGS:
Address
Area
3
2
0
2
1
0
5
4
1
3
2
0
4
3
0
3
2
0
2
2
0
4
2
1
4
3
0
4
2
0
3
3
0
3
2
0
3
2
0
2
3
0
PENDING LISTINGS:
Address
Area
3
2
1
3
2
0
2
1
1
3
2
0
4
2
0
2
2
0
2
2
0
4
3
1
3
2
1
4
4
1
3
2
0
3
1
0
4
2
0
5
3
2
5
3
0
5
3
1
SOLD LISTINGS:
Address
Area
3
2
0
3
1
0
3
2
0
2
2
0
4
2
1
4
3
1
5
3
0
4
2
0
4
3
1
3
2
0
3
2
0
2
2
0
4
3
1
2
2
0
2
3
1
7
7
1
2
1
0