09 November, 2011

Facts And Trends For Palo Alto Real Estate Market




Facts and Trends For Palo Alto 
TM
Published November 2011*
Location:
  Palo Alto
Price Range:
  $0 - No Limit
SQFT Range:
  0 - No Limit
Property Types:
  Single Family Homes
Bedrooms:
  0 - No Limit
Full Baths:
  0 - No Limit
Half Baths:
  0 - No Limit
Year Built:
  0 - No Limit

   

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2011 - Oct. 2011)

Curnt vs. Prev Month
Curnt vs. Prev 10 Months
Oct. 11
Sep. 11
% Change
Oct. 11
Jan. 11
% Change
For Sale
45
56
-19.6%
45
43
4.7%
Sold
23
34
-32.4%
23
17
35.3%
Pended
29
32
-9.4%
29
21
38.1%

Average Price per SQFT (Jan. 2011 - Oct. 2011)

Curnt vs. Prev Month
Curnt vs. Prev 10 Months
Oct. 11
Sep. 11
% Change
Oct. 11
Jan. 11
% Change
Avg. Sq. Ft. Price
787
782
0.6%
787
746
5.4%

Avg CDOM & SP/Orig LP % (Jan. 2011 - Oct. 2011)

Curnt vs. Prev Month
Curnt vs. Prev 10 Months
Oct. 11
Sep. 11
% Change
Oct. 11
Jan. 11
% Change
Avg CDOM
40
30
33.3%
40
74
-45.9%
Sold/Orig LP Diff. %
99
101
-2%
99
93
6.5%

Average Price of For Sale and Sold (Jan. 2011 - Oct. 2011)

Curnt vs. Prev Month
Curnt vs. Prev 10 Months
Oct. 11
Sep. 11
% Change
Oct. 11
Jan. 11
% Change
Avg. Active Price
2354
2491
-5.5%
2354
2364
-0.4%
Avg. Sold Price
1455
1627
-10.6%
1455
1484
-2%

Date
1/11
2/11
3/11
4/11
5/11
6/11
7/11
8/11
9/11
10/11
For Sale
43
46
54
59
49
58
62
47
56
45
New Listing
34
46
84
70
58
47
56
42
43
28
Sold
17
18
45
64
55
49
38
49
34
23
Pended
21
34
67
57
57
38
39
37
32
29
Months of Inventory (Closed Sales)
2.5
2.6
1.2
0.9
0.9
1.2
1.6
1
1.6
2
Months of Inventory (Pended Sales)
2
1.4
0.8
1
0.9
1.5
1.6
1.3
1.8
1.6
Absorption Rate (Closed Sales) %
39.5
39.1
83.3
108.5
112.2
84.5
61.3
104.3
60.7
51.1
Absorption Rate (Pended Sales) %
48.8
73.9
124.1
96.6
116.3
65.5
62.9
78.7
57.1
64.4
Avg. Active Price
2364
2355
2142
2647
2419
2126
2370
2311
2491
2354
Avg. Sold Price
1484
1986
2053
1836
1613
2077
1556
1569
1627
1455
Avg. Sq. Ft. Price
746
756
891
863
815
899
798
817
782
787
Sold/List Diff. %
100
98
102
102
104
104
102
105
102
101
Sold/Orig LP Diff. %
93
97
102
101
104
103
101
104
101
99
Days on Market
70
36
21
34
14
27
24
23
28
37
Avg CDOM
74
48
34
34
20
29
25
24
30
40
Median
1221
1771
1590
1635
1400
1625
1411
1380
1378
1400

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*All reports are published November 2011, based on data available at the end of October 2011. All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
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