Palo Alto homes and condos are leading Silicon Valley in demand due to increased employment in the area and lack of homes for sale in surrounding communities. Of 58 residential properties now on the market (not including those in escrow), only 15 are priced under $1,000,000. Out of 15, 12 have been on the market less than 30 days. That stated, it’s interesting to see that three properties had price reductions this past week and only one property on last week’s list went into escrow. We’ll have to watch to see if these become a trend.
Here is this week’s list of Palo Alto homes and condos for sale under $1M as of July 6, 2012. To see the MLS listing for a property or to schedule a showing, click on the property’s Price.
|
Type |
Price |
Bed/Bath |
Sq. Feet |
Notes |
|
Condo |
3/2 |
1,631 |
|
|
|
Condo |
2/2 |
1,629 |
|
|
|
Single family |
2/1 |
1,164 |
|
|
|
Condo |
2/2 |
1,541 |
Was $995,000 |
|
|
Condo |
2/2.5 |
1,130 |
|
|
|
Condo |
3/3 |
1,218 |
|
|
|
Condo |
2/2 |
1,117 |
|
|
|
Single family |
2/1 |
660 |
Was $858,000 |
|
|
Single family |
2/1 |
707 |
|
|
|
Condo |
1/1 |
902 |
|
|
|
Condo |
2/2.5 |
1,224 |
Was $729,000 |
|
|
Condo |
2/1 |
943 |
|
|
|
Condo |
1/1 |
663 |
|
|
|
Condo |
1/1 |
679 |
|
Visit Silicon Valley MLS Search to find listings for properties of all types anywhere in Santa Clara, Mateo, Santa Cruz, Monterey and San Benito Counties.
Contact Usfor help buying or selling Silicon Valley real estate.
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John A. Souerbry & Associates (DRE 01370983) Tel (650) 815-6182 john@jsrealproperty.com
Tags: Palo Alto homes and condos for sale, Palo Alto real estate listings, Silicon Valley homes and land for sale, Silicon Valley condos for sale, Silicon Valley MLS listings, Northern California real estate
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