12 March, 2012

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


We had  12 new listings of single family homes coming on the market last week , as oppose to 15 listings the previous week, 12 listings changed status to pending as oppose to 13 the week before and 9 listings closed escrow as oppose to 10 listings the previous week.

Our inventory remains very low, only 32 listings are active as of today 3/12 /2012; demand is higher than supply and most of the listing are still selling with multiple offer situation. 
Please note the deferential in sale price to the list price in sales activity below.


If you are planning to sell your home it is an opportune time to sell.


Please contact me for a free market analysis to your home and to help you achieve your goals quickly and stress free .

Following is the detail of the market activity in Palo Alto for last week:



Active12

Pending12
Sold9


Active listings for the past week:



Address
Area
5
4
1
4
2
0
4
2
0
5
3
0
9
6
1
4
2
0
5
3
0
5
2
0
3
2
0
3
2
1
4
2
0
3
2
0


Pending listings for the past week:



PBA


SqFt
2
1
0


4
2
0


4
3
1


2
1
0


4
3
0


4
3
1


5
2
1


4
3
0


4
2
1


4
3
1


6
5
0


Description: http://my.apr.com/App_Themes/APR/Images/PriceChange_down.gif
5
3
0




Closed escrow last week:

Address
Area
4
2
1
4
3
0
3
2
0
3
2
0
2
2
0
3
2
0
4
4
0
4
3
1
5
3
0



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