New listings are selling within one week. Multiple offers on most of the listings is the norm. All listings that closed escrow this week sold significantly above the asking price confirming an upcoming strong market for the coming year.
The inventeotry is very low. The market remains a strong seller market.
If you are thinking about selling your home, it is the time to contact your realtor to establish a plan to sell your home.
Following is the detailed market activity for Palo Alto:
Active : 9
Pending : 8
Sold : 2
ACTIVE NEW LISTINGS: