Happy New Year!Â May 2013 brhing you joy, health and prosperity.
The week in numbers:
- No new homes cam to the market this week in Palo Alto.Â Same week
last year also no new listings came to market.Â The inventory continues
to decline - only 18 properties are on the market as of the end of
this week (13 single family homes and 5 condos).Â There were 20
homes in active state last week and 28 same week last year.
- 7 new contracts were accepted this week, same as last week.Â The
same week last year 7 homes went into pending state too.
- 12 escrows were closed this week.Â Same week last year 4 homes went to the new owners.
- 1 home failed to sell and was taken off the market.
Contact Elena or Michael Talis at 650.714.4784 for professional advice and consultation.
To see all current Palo Alto listings go to TalisRealEstate.com.
Use thisÂ linkÂ to see all Palo Alto Real Estate Market Weekly Reports.