Home > Blogs > California > Santa Clara County > Palo Alto > WEEK IN REVIEW: NEW LISTINGS, PENDING AND SOLD LISTINGS IN PALO ALTO
14,437 views

Samia Cullen's Blog

Bay Area Silicon Valley - Mid Penninsula Market Activity and Trends

By Samia Cullen | Agent in Palo Alto, CA

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

We had seven new listings of single family homes in Palo Alto last week as oppose to six the week before . Five houses changed status to pending as oppose to two last week and two listings closed escrow as oppose to three the week before..

 All of the listings but one received a high number of offers and sold significantly above the asking price signaling another strong market for the coming year.

The inventory is still at a historic low, the market remains a seller market, i expect a good number of listings to come on the market this week, the off mls listings are apperaing again and especially at the upper-end prices.

If you are thinking about selling your home in the next year, it is the time to contact your realtor to establish a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active : 7

Pending : 5

Sold : 2

For further details please click on the following link: http://paloaltoproperties.blogspot.com

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer