homesÂ will sell with multiple offers as soon as the sellersÂ are willing to listen to offers.
Nonetheless, inventory remained very low in comparison to the demand.
jobs because our local economy is doing better.Â Â Reports of rising prices also are prompting buyers toÂ get into the marketÂ now. The broad mix of buyers has produced a huge demand
a bidding war on almost every listing. Buyers are rushing to preview houses as soon as
they come on the market and writing offers on more than one house before they score a
win.Â As of October 31 the listing inventory For Palo Alto was low with 46 active listings,
which is only a 2.3Â months worth of inventory . The median sale price so farÂ in 2012 was at a record high
of $1,715,000 (compared to the previous year of $1,428,000 in 2011), an increase of 20%.Â
For further details please click on the following link: http://paloaltoproperties.blogspot.com