Market Activity For Last Week- Palo Alto

EXPERIENCE THE DIFFERENCE Our local Palo alto market has been fairly active despite the bad economic news: - We had 14 new listings with an average price of $1,705,000 - Total active listings: 54 listings - 14 listings did sell and are pending for an average of $1,691,000- Total pending: 32 listings - 7 properties closed escrow last week with an average price of $1,800,000