A Slow Real Estate Market?
Word on the street is that a listing that came onto the market in Palo Alto – a fixer near Gunn High, listed between $1.4m and $1.5m – sold with 18 offers! We shall find out soon how far over the asking price it went.
The November sales stats will be posted on our site in a few days. The local market isn’t slow it’s just small – lowest number of listings and sales in many years.