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Home Selling in 94301 : Real Estate Advice

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Wed Sep 9, 2009
Jonp answered:
Bmerkel -

Like you, I'm curious about 1212 Parkinson too. It got multiple offers in the $2.1M+ range last December and it ultimately sold for $1.76M in August. So I'm trying to figure which one of the following two things happened:

(a) either the Palo Alto market for SFR homes in the $2M range has actually softened by that much since last December -- which is scary, or

(b) it was a situation unique to that particular house and to that particular seller's sales & marketing plan.
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