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John Souerbry's Blog

By John Souerbry | Broker in Palo Alto, CA

Palo Alto Home Sales in February 2012

Here are the numbers for Palo Alto home sales that closed escrow in February 2012.  There are few things to consider as we look at the numbers:

· 22 of 34 properties sold at or above listing price (65%)

· There was only 1 bank-owned foreclosure sale (marked with *)

· There were no short sales

· The lowest single family home sale price was $1,110,000

· The lowest condo/townhome sale price was $550,000


 Palo Alto home sales February 2012

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John A. Souerbry & Associates (DRE 01370983) john@jsrealproperty.com Tel (650) 815-6182

Tags: Palo Alto February 2012 Home Sales, Palo Alto homes for sale, Palo Alto condos for sale, Silicon Valley home sales, Silicon Valley real estate agents

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