Friday, April 10, 2009

Condos in Contract right now

Interesting that both of the listings at 800 High St are in contract. Afterall, that is the building that is going to be most effected by the proposed low income housing project. Those comps (if and when they close) will go a long way to giving us something recent to work with to help further define value in the current downtown Palo Alto condo market........
Slow weekend with Easter, there is very little on tour today. 
We've had two condos recently taken off the market, presumably because they didn't sell. 548 Everett and 427 Alma both came off. Currently, there are 15 condos for sale in downtown PA, the least expensive being a 1 bedroom at 545 Fulton for $599,000 (on the market now for 32 days). The most expensive condo for sale is in the Woodmark for $2,495,000 (on the market for 25 days).......

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