09 July, 2012

WEEK IN REVIEW: ACTIVE LISTINGS, PENDING AND SOLD LISTINGS

The activity was slow the last two weeks because of Memorial Day Weekend. Only 6 new listings of single family homes were listed last week in Palo Alto as oppose to 3 of listings  the week before. The total active listings of single family homes on the MLS  is now 43as oppose to 46 the week before. 
8 listings changed status to pending as oppose to 15 last week and 10 closed escrow this week as oppose to 9 listings the previous week.
Please note that 5  listings sold above asking price and 5 listings sold below the asking price.


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

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

Active6
Canceled1
Pending8
Sold10


ACTIVE LISTINGS:

Address
Area

3
1
0
3
3
0


4
3
2


3
1
0


5
4
1


5
5
1
PENDING LISTINGS:

Address
Area
6
4
0
3
2
0
4
3
1
3
2
0
4
3
0
4
3
0
4
3
0
3
3
0
SOLD LISTINGS:

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

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