As of today, here's the market update for single family homes in Palo Alto--
79 Active listings
58 Pending sales
Breakdown of Price Points:
Under 1 million: 8 Active Listings / 9 Pending Sales
1 to 1.5 Mil: 27 Active Listings/ 20 Pending Sales
1.5-2 mil: 14 Active Listings/ 8 Pending Sales
2-3 Million 17 Active listings/ 8 Pending Sales
3+ mil: 14 Active Listings/ 3 Pending Sales
What does mean? The market overall is pretty healthy. Under 1 million is very competitive, 1-2 million is trending seller’s market, but most surprisingly, 2-3 million is pretty healthy again this week which may be a trend. Over 3 million is still anemic and probably the best chance for a bargin.
· If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
DRE 01191194
