15 December, 2014

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

We had 3 new listings  in Palo Alto last week as oppose to 8 the week before.
10 listings changed status to pending last week as oppose to 4 the week before and 6 listings  closed escrow last week as oppose to 8 the week before. the inventory is low as usual around this time.

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 :3
Pending : 10
Sold : 6

ACTIVE LISTINGS:
Address
Area
4
3
0
6
5
1
3
1
0
PENDING LISTINGS:
Address
Area
3
2
0
2
2
0
4
2
0
4
3
0
4
3
0
5
4
0
3
1
0
3
3
0
2
2
0
3
3
1
SOLD LISTINGS:

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