MARKET ACTIVITY IN PALO ALTO FOR LAST WEEK

As expected the real estate market activity was slow this week with few new listings coming on the market and consequently few sales. I expect the market to remain slow for at least the end of January.


Following is the market activity in Palo Alto for last week:


Active

Address	List Price	Bed.	Baths	Sqft
1112 HIGH STREET 241 Professorville	$2,450,000 1/2/2012	4	3	2,207
3258 EMERSON STREET 234 Midtown	$1,795,000 1/2/2012	4	3	2,417
3395 LOUIS ROAD 233 South Palo Alto	$1,199,000 11/28/2011	4	2	1,659

Pending

Address	List Price	Bed.	Baths	Sqft	Address
4277 PARK BOULEVARD 233 South Palo Alto	$845,000 1/4/2012	N/A 1/7/2012	4	2	1,496
746 SAN CARLOS COURT 234 Midtown	$820,000 12/10/2011	N/A 12/23/2011	2	2	1,012

Closed Escrow last Week

Address	List Price	Sale Price	Bed	Baths	Sqft
2220 BRYANT STREET 237 Old Palo Alto	$1,795,000 11/9/2011	$1,740,125 11/18/2011	3	2	1,680
3798 LAGUNA AVENUE 232 Barron Park	$2,498,000 10/20/2011	$2,420,000 11/3/2011	5	3	2,783
2030 PARK BOULEVARD 236 College	$1,250,000 6/8/2011	$1,400,000 11/15/2011	3	3	2,111