Housing slow-down in Silicon Valley? Well – it depends . . $3M for tiny 951 square feet of living space, 91 year new – 151 KELLOGG AVENUE” in “tear-down” condition –

“Tear-down” 151 KELLOGG AVENUE, Palo Alto CA sells for $3M

– but located in highly desirable Old Palo Alto closed escrow this week posting a whooping 31% over-asking Sales Price of $3,000,000. Old Palo Alto is an exclusive neighborhood with tree-lined streets and a resident roster of affluence and company founders. The location is central, with a brisk walk to Downtown Palo Alto and the lovely Elizabeth F Gamble Gardens.

This week’s final sales and closing prices of home listed for sale in Palo Alto, CA averaging 9% over-asking sales price.

Sept 22- Sept 26, 2014 Closing Real Estate Sales in Palo Alto

For more information, please contact:

Jeni Pfeiffer, Broker Associate Realtor BRE#01709666

(408) 813-4256 or jenishomes@gmail.com