WEEK IN REVIEW IN PALO ALTO: ACTIVE NEW LISTINGS, PENDING AND SOLD LISTINGS

The listing inventory continues to improve but still low ; the market remains a seller market. We have 48  active listings in Palo Alto as of today.. 

25 new listings of single family homes were listed on the MLS last week as oppose to 18 the week before. 16 listings changed status to pending as oppose to 18 listings the previous week because more listings were available for sale last week and 13 closed escrow as oppose to 9 the previous week.
Please note that all  listings sold significantly above asking price but two listings.

If you are planning to sell your home it is an opportune time to sell.

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

Active 25 Pending 16 Sold 13

ACTIVE NEW LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
785 BARRON AVENUE 232 Barron Park	$1,299,000 4/28/2012	3	2	0	1,713
833 SONOMA TERRACE 243 Stanford	$1,448,000 4/27/2012	4	2	1	2,296
399 MARGARITA AVENUE 235 Ventura	$1,088,000 4/26/2012	3	1	0	1,245
2108 BELLVIEW DRIVE 238 Green Gables	$1,850,000 4/26/2012	4	2	1	2,200
731 LINCOLN AVENUE 240 Community Center	$1,329,000 4/26/2012	2	2	1	1,050
3895 PAGE MILL ROAD 230 Palo Alto Hills	$1,425,000 4/26/2012	3	2	0	3,000
4040 PARK BOULEVARD 235 Ventura	$1,215,000 4/26/2012	3	1	0	1,050
4075 CAMPANA DRIVE 232 Barron Park	$1,200,000 4/26/2012	3	1	1	1,234
1514 WALNUT DRIVE 238 Green Gables	$1,395,000 4/26/2012	3	2	0	1,394
3395 LOUIS ROAD 233 South Palo Alto	$1,495,000 4/26/2012	4	2	0	1,659
3196 KIPLING STREET 234 Midtown	$1,498,000 4/26/2012	4	2	0	1,601
3263 MURRAY WAY 233 South Palo Alto	$1,798,000 4/25/2012	4	2	1	2,454
770 GARLAND DRIVE 238 Green Gables	$1,495,000 4/25/2012	3	2	0	1,681
1856 MARK TWAIN STREET 238 Green Gables	$2,695,000 4/25/2012	4	3	0	2,590
644 SOUTH CALIFORNIA AVENUE 236 College	$1,298,000 4/25/2012	2	1	0	2,371
746 HOMER AVENUE 240 Community Center	$838,000 4/25/2012	2	1	0	660
633 COLERIDGE AVENUE 237 Old Palo Alto	$2,198,000 4/25/2012	4	4	0	2,235
483 FULTON STREET 239 Crescent Park	$1,999,000 4/25/2012	4	3	0	2,514
920 HAMILTON AVENUE 239 Crescent Park	$2,995,000 4/25/2012	5	3	0	2,206
1533 WALNUT DRIVE 238 Green Gables	$1,649,000 4/24/2012	3	2	0	1,968
863 BRUCE DRIVE 233 South Palo Alto	$1,598,000 4/24/2012	4	2	0	1,688
2441 COWPER STREET 234 Midtown	$1,075,000 4/24/2012	2	1	1	1,204
2275 AMHERST STREET 236 College	$3,295,000 4/24/2012	6	2	1	2,712
2140 BYRON STREET 237 Old Palo Alto	$2,395,000 4/24/2012	3	2	1	1,636
4160 MACKAY DRIVE 233 South Palo Alto	$1,499,000 4/23/2012	2	2	0	1,324

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
711 MAPLEWOOD AVENUE 233 South Palo Alto	$1,285,000 4/19/2012	N/A 4/26/2012	3	2	0	1,550	4/26/2012
3831 MAY COURT 233 South Palo Alto	$1,498,000 4/19/2012	N/A 4/27/2012	3	2	0	1,872	5/25/2012
744 GUINDA STREET 240 Community Center	$3,195,000 4/19/2012	N/A 4/26/2012	3	3	0	3,372	6/5/2012
1550 MARIPOSA AVENUE 236 College	$1,195,000 4/19/2012	N/A 4/26/2012	2	1	0	1,224	5/24/2012
1500 MIDDLEFIELD ROAD 241 Professorville	$1,698,000 4/18/2012	N/A 4/28/2012	4	2	0	2,522	5/28/2012
3519 SOUTH COURT 234 Midtown	$1,375,000 4/18/2012	N/A 4/26/2012	4	2	0	1,682	5/16/2012
3198 WAVERLEY STREET 234 Midtown	$1,798,000 4/18/2012	N/A 4/27/2012	4	2	0	2,294	5/30/2012
3309 KENNETH DRIVE 233 South Palo Alto	$1,598,000 4/18/2012	N/A 4/26/2012	4	3	0	2,027	5/25/2012
3182 BRYANT STREET 234 Midtown	$1,198,000 4/18/2012	N/A 4/26/2012	3	1	0	1,109	5/25/2012
2669 GREER ROAD 233 South Palo Alto	$1,395,000 4/18/2012	N/A 4/27/2012	4	2	0	1,711	5/21/2012
365 PARKSIDE DRIVE 233 South Palo Alto	$1,595,000 4/17/2012	N/A 4/28/2012	5	2	0	2,184	5/11/2012
1629 CHANNING AVENUE 238 Green Gables	$1,999,000 4/16/2012	N/A 4/26/2012	4	3	0	2,488	5/2/2012
175 HEATHER LANE 238 Green Gables	$2,230,000 4/16/2012	N/A 4/26/2012	4	3	0	2,470	5/10/2012
2361 SANTA ANA STREET 238 Green Gables	$1,375,000 4/11/2012	N/A 4/24/2012	3	2	0	1,557	6/7/2012
415 LOWELL AVENUE 237 Old Palo Alto	$3,195,000 4/11/2012	N/A 4/25/2012	5	2	1	2,781	5/4/2012
3502 EMMA COURT 232 Barron Park	$2,295,000 2/23/2012	N/A 4/26/2012	4	3	0	2,480	5/18/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
830 GARLAND DRIVE 238 Green Gables	$1,495,000 4/11/2012	$1,692,000 4/19/2012	3	2	0	1,514	4/27/2012
4045 ORME STREET 232 Barron Park	$2,200,000 4/3/2012	$2,575,000 4/13/2012	4	3	0	2,604	4/20/2012
855 NEWELL PLACE 238 Green Gables	$1,695,000 3/28/2012	$1,900,000 4/4/2012	4	2	0	1,844	4/24/2012
2316 AMHERST STREET 236 College	$1,498,000 3/27/2012	$1,650,000 4/5/2012	4	3	0	2,025	4/25/2012
836 SYCAMORE DRIVE 233 South Palo Alto	$948,000 3/27/2012	$1,350,000 4/5/2012	2	1	0	971	4/26/2012
4240 WILKIE WAY 233 South Palo Alto	$1,798,000 3/19/2012	$1,990,000 3/27/2012	3	3	1	2,106	4/25/2012
315 MELVILLE AVENUE 241 Professorville	$2,398,000 3/19/2012	$2,200,000 4/6/2012	5	3	0	2,658	4/24/2012
3409 KENNETH DRIVE 233 South Palo Alto	$1,100,000 3/14/2012	$1,202,000 3/23/2012	4	2	0	1,674	4/24/2012
838 COWPER STREET 242 Downtown Palo Alto	$1,250,000 3/14/2012	$1,450,000 3/23/2012	3	1	0	1,172	4/23/2012
1420 BYRON STREET 241 Professorville	$2,998,000 3/8/2012	$3,175,000 3/14/2012	5	3	0	3,100	4/20/2012
4107 PARK BOULEVARD 233 South Palo Alto	$929,000 3/1/2012	$990,000 3/14/2012	3	2	0	1,161	4/25/2012
742 MELVILLE AVENUE 240 Community Center	$4,295,000 2/6/2012	$4,000,000 3/3/2012	4	3	1	4,200	3/30/2012
1285 FOREST AVENUE 239 Crescent Park	$2,395,000 11/3/2011	$2,400,000 11/11/2011	4	3	0	2,527	4/17/2012