Friday, March 6, 2009

Palo Alto, CA: Single Family Homes Sold Since Feb 15, 2009

630 KENDALL AV, Palo Alto 94306 (Palo Alto)
$2,350,000 Beds: 5 bed(s) Baths: 4+ bath(s) Original list price $2,499,000. Sold in 2007 for $2,800,000
      195 HEATHER LN, Palo Alto 94303 (Palo Alto)
$2,150,000 Beds: 3 bed(s) Baths: 2 1/2 bath(s) Original list price $2,195,000
      4268 Wilkie WY, Palo Alto 94306 (Palo Alto)
$1,995,000 (W) Beds: 5 bed(s) Baths: 4+ bath(s) Original list price $2,595,000 The sales price is not necessarily accurate. It sold off market and the sales price was not recorded in MLS.
      974 COTTRELL WY, Stanford 94305 (Palo Alto)
$1,750,000 Beds: 5 bed(s) Baths: 2 1/2 bath(s) Original list price $1,795,000 Sold in 2006 for $1,695,000 Only available tro Stanford faculty
      301 BARCLAY CT, Palo Alto 94306 (Palo Alto)
$1,250,000 Beds: 4 bed(s) Baths: 2 bath(s) Original list price $1,495,000
      982 ELSINORE DR, Palo Alto 94303 (Palo Alto)
$1,275,000 Beds: 4 bed(s) Baths: 3 bath(s) Original list price $1,195,000
      125 MONROE DR, Palo Alto 94306 (Palo Alto)
$950,000 Beds: 3 bed(s) Baths: 2 bath(s) Original list price $1,115,000
      739 COLORADO AV, Palo Alto 94303 (Palo Alto)
$1,020,400 Beds: 3 bed(s) Baths: 1 bath(s) Original list price $839,000

This last one really stands out as off, but it was for sale last Aug. before the crash, although just closed. The listing agent is related to the owner, and carried the note. It looks like maybe a builder bought it and did not get financing so the owners are carrying, but that is just speculation.
Number of homes with price reductions right now is 35 out of 121 listings.
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
www.marcymoyer.com

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