Friday, March 19, 2010

Palo Alto Market Update, March 19th: Single Family Homes

H Here's today's market update for single family homes--

86 Active listings
50 Pending sales

What does this mean? The inventory of active listings continues to decrease, and the pending sales continue to increase. I think that we are experiencing significant change in the under 2 million dollar market. We have seen a number of multiple offers in Palo Alto and I think by Sept we may start to see that there is an up tick in the prices in the lower than 2 million dollar market.

· 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

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