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 2 confirming a continuing strong market. The market remains a seller market.
If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.
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 : 2
Pending : 5
Sold : 9