07 April, 2014

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

We had 8 new listings of single family homes in Palo Alto last week the same as the week before. 5 listings changed status to pending last week as oppose to 15 the week before and 9 listings  closed escrow last week as oppose  5  the week before.

All listings sold significantly above the asking price but one.

The inventory is very low.  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.me to discuss a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active : 8
Pending : 5
Sold : 9

ACTIVE LISTINGS:

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

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

Address
Area
BR
FBA
PBA
3
2
0
7
6
1
4
3
0
3
2
0
3
1
0
2
1
0
925
3
2
1
5
4
0
4
3
0

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