12 November, 2012

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

We had 10 new listings of single family homes in Palo Alto last week as oppose to 9 listings the week before. 11 houses changed status to pending as oppose to 15 the week before and 11 listings closed escrow as oppose to 5 the week before.

Please note that all listings sold at or above the asking price but 2.

The market remains a seller market, We are still having multiple offers on many listings in Palo Alto.

Following is the detailed market activity for Palo Alto:

Active
10
Pending
11
Sold
11

ACTIVE LISTINGS:

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


4
4
1

PENDING LISTINGS:

Address
Area
4
2
1
5
4
1
2
1
0
3
2
1
3
2
0
3
2
0
4
3
0
4
3
0
2
1
1
4
3
0
3
1
0
8
7
2

SOLD LISTINGS:

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

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