This week in numbers:
- 11 new homes were put on the market this week in Palo Alto - 8 single family home and 3 condos.Â Same week
last year 10 homes were listed.Â The inventory increased slightly to 33
units (23 single family homes and 10 condos).Â There were 25
homes in active state last week and 49 same week last year.
- 5 new contracts were accepted this week, last week 6 contracts were
accepted.Â The same week last year 6 homes went into
- Only 4 escrows were closed this week, same as last week.Â Same week last year 6 home went to the new owners.
- 1 home was taken off the market
Contact Elena or Michael Talis at 650.714.4784 to talk more about current market condition.
To see all current Palo Alto listings go to TalisRealEstate.com.
Use thisÂ linkÂ to see all Palo Alto Real Estate Market Weekly Reports.