9 listings changed status to pending last week as oppose to 14 the week before and 5 listings closed escrow last week as oppose to 15 the week before. the inventory is picking-up as usual around this time.
All listings sold significantly above the asking price.
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:
Pending : 9
Sold : 5