Recent Pending Sales and some Current Listing Info

Welcome to March 1st! Always one of my favorite days of the year, not sure why. Let's look at what Feburary brought us in terms of pending sales: 

We have three (3) pending sales in north Palo Alto since Feb 1. That is astounding. In terms of downtown PA, one of the pending sales was 832 Waverley-- This home came on this week listed for $2,095,000. It was built by Summerhill and is part of their "Channing Collection".--My understanding is that this property received 2 offers. Just the fact that it got multiple offers is worth noting. It is the exception and not the rule.....

The other two pending sales are on Elsinore and Fulton--

In terms of active listings, all classes in North Palo Alto, we have 82 current listings. Yes, that is a lot. That would  usually be a big number for ALL of Palo Alto. The number for current listings in all of Palo ALto is 179. That is a huge number......