05 December, 2011

WEEK IN REVIEW

The Palo alto Real estate Market activity continue to be strong.

We are selling more houses than we are listings.

Our listing inventory went down from 41 active listings to 32 active listings today.

We only had 4 active new listings last week, 7 houses changed status to pending and 9 listings closed escrow.

Demand for houses in our real estate community is high; Buyers are out looking to buy before the end of the year in anticipation of a rising market next year and to take advantage of the historic low interest rate.

Please call me if you would like further information.


ACTIVE NEW LISTINGS:



 SEVEN HOUSES CHANGED STATUS TO PENDING:
Address
Area
5
3
2
1
6
4
4
2
5
3
2
2
2
1

 NINE HOUSES CLOSED ESCROW:
3
2
3
2
3
2
5
2
4
2
Description: http://my.apr.com/App_Themes/APR/Images/PriceChange_down.gif
3
2
Description: http://my.apr.com/App_Themes/APR/Images/PriceChange_down.gif
4
3
Description: http://my.apr.com/App_Themes/APR/Images/PriceChange_down.gif
5
3
3
3


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