Palo Alto Single Family Home Market Update 03-15-09
As of today this is the snapshot of the Palo Alto single family home market:
125 Active listings
26 Pending sales
4 Closed sales this week
What does this mean? There has not been much change in inventory this week, either in active listings or pending sales. Also, the over 2 million market is very slow with 37 active listings and 5 pending sales. Under 2 million there are 61 active listings and 15 pending sales, 1 to 4 ratio of pending to active, which is not terrific, but about average for many other surrounding cities.
Here are the solds from the past week on MLS:
|
Address |
City |
Beds |
Bath |
DOM |
CDOM |
LOE |
SqFt |
$/SqFt |
Lot(SqFt) |
List Price |
Age |
Sale Price |
|
|
||||||||||||
|
SOLD |
|
|
|
|
|
|
|
|
|
|
|
|
|
3111 David Av |
Palo Alto |
4 |
3 1/2 |
12 |
12 |
39 |
2,815 |
$699.82 |
6,908 |
$1,998,000 |
1 |
$1,970,000 |
|
720 Holly Oak Dr |
Palo Alto |
4 |
2 |
7 |
7 |
29 |
1,880 |
$750 |
6,784 |
$1,398,000 |
50 |
$1,410,000 |
|
1032 Fulton St |
Palo Alto |
3 |
2 |
7 |
7 |
30 |
1,200 |
$1,004.17 |
5,600 |
$1,100,000 |
89 |
$1,205,000 |
|
4205 Ponce Dr |
Palo Alto |
4 |
2 |
43 |
43 |
41 |
1,717 |
$579.5 |
5,700 |
$999,500 |
34 |
$995,000 |
|
3249 Maddux Dr |
Palo Alto |
4 |
2 |
15 |
15 |
36 |
1,372 |
$662.4 |
7,200 |
$894,500 |
57 |
$908,811 |
|
|
||||||||||||
|
AVERAGE VALUES |
|
|
17 |
17 |
35 |
1,797 |
$739.18 |
6,438 |
$1,278,000 |
46 |
$1,297,762 |
David was originally listed at $2,398,000 and Ponce was originally listed at $1,025,000.
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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