We had 14 new listings of single family homes in Palo Alto last week as oppose to 12 the week before. 8 listings changed status to pending last week as oppose to 7 the week before and 8 listings closed escrow last week as oppose to 9 the week before.
All listings sold significantly above the asking price but one listings.
The inventory is very low. The market remains a seller market.
If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.me to discuss a plan to sell your home.
Following is the detailed market activity for Palo Alto:
Pending : 8
Sold : 8
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