Palo Alto Ca Real Estate Market Update 3/10/2013
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple: Not enough inventory, plenty of buyers. There are currently 18 single family Palo Alto homes for sale down from 28 last week. There are currently 8 Palo Alto town homes/condos for sale, the same as last week. There are currently 31 pending sales of Palo Alto single family homes, up from 23 last week. There are currently 11 pending sales of Palo Alto Town homes/Condos, up from 10 last week. In Feb of 2013 there were 14 single family Palo Alto homes sold ranging in price from $1,670,000 to $3,100,000. In Feb of 2013 there were 4 Palo Alto Town Homes/Condos sold ranging in price from $900,000 to $1,706,000. the trend, few sales, higher prices since Jan. These numbers are stil...
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