Palo Alto Broker Tour today had a total of 30 new listings of single family homes, this is a very good Broker Tour for this time of the year. The reason the Tour was long is because the last two broker tours were around the 4Th of July; agents prefer to delay listing properties until after the holiday weekend. With so many new listings our inventory got better in Palo Alto, we have 64 active SFR on the market as of today. 5 houses changed status to pending in the last 7 days and 12 listings of single family homes closed escrow.
The houses on broker tour covered different prices and offer a nice selection for buyers.