14 April, 2014

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

We had 19 new listings of single family homes in Palo Alto last week as oppose to 8 the week before. 6 listings changed status to pending last week as oppose to 5 the week before and 5 listings  closed escrow last week as oppose  9  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 : 19
Pending : 6
Sold : 5

ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
2
3
0
3
1
0
2
2
0
935
3
2
0
4
3
0
3
2
0
4
2
0
4
3
0
3
2
0
3
2
0
4
2
0
3
2
0
4
3
0
4
3
0
4
4
1
2
2
0
5
3
1
5
4
0
5
3
1
PENDING LISTINGS:

Address
Area
BR
FBA
5
3
4
2
3
2
3
2
4
3
3
2
SOLD LISTINGS:
 
Address
Area
BR
FBA
PBA
5
5
2
2
1
1
3
2
0
3
1
0
820
2
2
0

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