Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Palo Alto Ca REal Estate Market Update 5/11/2013
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 29 single family Palo Alto homes for sale up from 26 last week.
There are currently 12 Palo Alto town homes/condos for sale, up from 8 last week.
There are currently 36 pending sales of Palo Alto single family homes, down from 41 last week.
There are currently 12 pending sales of Palo Alto Town homes/Condos, the same as last week.
In April of 2013 there were 46 single family Palo Alto homes sold, about 50% more than in March. The prices ranged from $1,050,000 to $10,000,000. No homes under a million is significant.
In April of 2013 there were 9 Palo Alto Town Homes/Condos sold, down 3 from March.  The prices ranged from $785,000 to $1,350,000. This is a high starting price point for condos as well. 

The inventory is just slighly better than last week, for the second week in a row which is a good sign.  We have a long ways to go to get into the 40's by May which makes me believe my expectation of a significant ... more

__________________________________________________
Are you on The Rain? Grow Your Network!