The first full week of the year in numbers:
- 7 new homes were put on the market this week in Palo Alto - 5 single family home and 2 condos. Same week
last year 11 homes were listed. The inventory stays very low with 22
properties available for sale (15 single family homes and 7 condos).
There were 18 homes in active state last week and 36 same week
- 2 new contracts were accepted this week, last week 8 contracts were
accepted. The same week last year 5 homes went into
- 6 escrows were closed this week. Same week last year 4 homes went to the new owners.
- 2 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 this link to see all Palo Alto Real Estate Market Weekly Reports.