•· Palo Alto Ca Single Family Home Market Update 07-26-09
•· As of today this is the snapshot of the Palo Alto single family home market:
121 Active listings
33 Pending sales
What does this mean? The inventory of active listings decreased by 1 and pending sales decreased by 3. This is virtually unchanged from last week when there was a huge decrease in pending sales. The fact that pending has stayed stable is a good sign. The over 2 million market has 37 active listings and 7 pending sales which is pretty much the same as last week with only a decrease of 3 in active listings and the same number of pending . Under 2 million there are 84 active listings and 33 pending sales, which is slightly better than last weeks numbers. My guess is that we have hit the doldrums of summer and we will not see much change in August except maybe a little less inventory which is typical for August.
•· 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
DRE 01191194
•· Palo Alto Ca Single Family Home Market Update 07-19-09
•· As of today this is the snapshot of the Palo Alto single family home market:
122 Active listings
36 Pending sales
What does this mean? The inventory of active listings increased by 4 and pending sales decreased by 21. That is a big decrease over 2 weeks and may indicate a slowing of the market, or it is possible that it may be a reflection of the ability of banks to close escrows a little faster than they had been able to earlier in the year. I will know more after a few more weeks. If the inventory increases then it is because of a slow down. The over 2 million market took a hit with 40 active listings and 7 pending sales which is not as good as in the last 2 months . Under 2 million there are 82 active listings and 29 pending sales, putting the ratio back over 1 to 2.5 . I do not know if this is temporary, or a trend, but will let you know when I have an opinion about
•· 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
DRE 01191194
•· Palo Alto Ca Single Family Home Market Update 07-05-09
•· As of today this is the snapshot of the Palo Alto single family home market:
112 Active listings
50 Pending sales
What does this mean? The inventory of active listings decreased by 6 and pending sales are decreased by 7. The ratio of active to pending is not changing much but since this was a holiday week-end there were not a lot of new listings. Again, the over 2 million market is holding on with 37 active listings and 14 pending sales which is almost unchanged from June 7th and June 26th . Under 2 million there are 75 active listings and 36 pending sales, putting the ratio at little less than to 1 to 2 which is not changing much this month. Overall, things are better than they were a few months ago, and the same compared to a few weeks ago with more realistic sellers and more qualified buyers. July is traditionally a busier selling time than June so it will be interesting to see if the improvement holds even further into the summer months. The inventory is less this week, so it will be interesting to see if this continues or if it is just a function of the holiday
•· 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
•· Palo Alto Ca Single Family Home Market Update 07-05-09
•· As of today this is the snapshot of the Palo Alto single family home market:
112 Active listings
50 Pending sales
What does this mean? The inventory of active listings decreased by 6 and pending sales are decreased by 7. The ratio of active to pending is not changing much but since this was a holiday week-end there were not a lot of new listings. Again, the over 2 million market is holding on with 37 active listings and 14 pending sales which is almost unchanged from June 7th and June 26th . Under 2 million there are 75 active listings and 36 pending sales, putting the ratio at little less than to 1 to 2 which is not changing much this month. Overall, things are better than they were a few months ago, and the same compared to a few weeks ago with more realistic sellers and more qualified buyers. July is traditionally a busier selling time than June so it will be interesting to see if the improvement holds even further into the summer months. The inventory is less this week, so it will be interesting to see if this continues or if it is just a function of the holiday
•· 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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Serving Santa Clara and San Mateo County real estate needs for 14 years. Specialist in single family homes, condos, investment properties, land development, and residential rental properties.
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