28 October, 2013

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

We had 5 new listings of single family homes in Palo Alto. 7 house changed status to pending  and 12 listings  closed escrow last week.

The inventory is very low and we are still seeing multiple offers in the price range of $1.3 Million - $3 Million. All listings that closed escrow this week sold  at  above the asking price  but two confirming a continuing strong market. The market remains a 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 : 5
Pending : 7
Sold : 12


ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
4
2
0
4
3
1
4
3
0
4
2
0
3
2
0
PENDING LISTINGS:

Address
Area
BR
FBA
PBA
3
2
0
4
3
0
5
2
0
4
2
1
4
3
1
4
2
0
5
4
1
SOLD LISTINGS:

Address
Area
BR
FBA
PBA
4
2
0
5
2
1
4
2
0
5
3
0
4
3
0
4
2
0
4
2
1
3
2
0
3
2
0
4
3
0
6
4
0
5
3
0

No comments:

Post a Comment