WEEK IN REVEW: NEW LISTINGS, PENDING AND CLOSED LISTINGS IN MENLO PARK

The listing inventory is improving In Menlo Park, as of today we have a total of 44 listings of single family homes as oppose to 41 listings the week before, the market continues to be a seller market.
The medium sale price in Menlo Park so far for 2012 is $1,341, 000 as oppose to $1,193,000 for 2011, this is a whopping 12.4% above last year. 
12 new  active listings of single family homes were listed this week as oppose to 11 the week before, 15 listings changed status to pending as oppose to 14 the week before and 6 listings closed escrow as oppose to 14 listings the week before .


Please note that all listings sold above the asking price . 

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

Following is the detail of the market activity in Menlo Park for last week:

Active	12
Pending	15
Sold	6

ACTIVE NEW LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
445 SANTA MARGARITA AVENUE 307 Menlo Oaks Area	$1,695,000 6/25/2012	4	2	0	1,920
1 BRADY PLACE 307 Menlo Oaks Area	$2,749,000 6/24/2012	4	3	0	2,960
996 ALTSCHUL AVENUE 301 Sharon Heights / Stanford Hills	$1,985,000 6/24/2012	4	4	0	3,060
560 9TH AVENUE 311 County Area / Fair Oaks Ave	$1,275,000 6/23/2012	4	3	0	2,440
1620 TUDOR DRIVE 306 Felton Gables	$2,295,000 6/23/2012	3	2	0	2,120
715 LAUREL AVENUE 308 Willows / O'Conner Area	$1,149,000 6/22/2012	3	2	0	1,300
715 MONTE ROSA DRIVE 301 Sharon Heights / Stanford Hills	$1,950,000 6/22/2012	3	2	1	2,396
356 MARMONA DRIVE 308 Willows / O'Conner Area	$895,000 6/22/2012	3	1	0	980
712 PARTRIDGE AVENUE 304 Allied Arts / Downtown	$1,768,000 6/18/2012	3	2	0	1,800
855 SHARON PARK DRIVE 301 Sharon Heights / Stanford Hills	$3,749,500 6/18/2012	5	4	0	3,804
40 BISHOP OAK COURT 300 Alpine Road Area	$2,298,000 6/18/2012	4	3	1	3,211
180 STANFORD AVENUE 302 County / Alameda Area	$1,395,000 5/24/2012	2	1	0	1,667

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1121 CARLTON AVENUE 310 East of U.S. 101	$399,000 6/17/2012	N/A 6/18/2012	3	2	0	1,040	7/18/2012
40 CAMPBELL LANE 301 Sharon Heights / Stanford Hills	$1,325,000 6/11/2012	N/A 6/20/2012	3	2	0	1,800	7/12/2012
385 SANTA MONICA AVENUE 307 Menlo Oaks Area	$2,625,000 6/8/2012	N/A 6/21/2012	4	3	1	3,090	7/16/2012
199 ARLINGTON WAY 307 Menlo Oaks Area	$1,750,000 6/4/2012	N/A 6/20/2012	4	3	0	2,100	7/23/2012
1025 OAKLAND AVENUE 309 Flood Park Area	$839,000 6/4/2012	N/A 6/11/2012	3	1	0	1,200	7/9/2012
1116 DEL NORTE AVENUE 310 East of U.S. 101	$435,000 5/31/2012	N/A 6/21/2012	2	1	0	970	6/27/2012
1053 MENLO OAKS DRIVE 309 Flood Park Area	$1,095,000 5/25/2012	N/A 6/5/2012	3	2	0	1,680	6/26/2012
226 MORGAN LANE 305 Middlefield to El Camino	$1,395,000 5/24/2012	N/A 6/24/2012	4	3	1	1,819	7/23/2012
11 ATHLONE COURT 311 County Area / Fair Oaks Ave	$669,000 5/18/2012	N/A 6/23/2012	3	2	0	1,100	7/18/2012
150 SANTA MARGARITA AVENUE 307 Menlo Oaks Area	$1,650,000 5/14/2012	N/A 6/11/2012	3	2	0	2,330	7/3/2012
1397 WOODLAND AVENUE 308 Willows / O'Conner Area	$1,198,000 5/14/2012	N/A 6/6/2012	3	2	0	1,530	7/10/2012
448 FALK COURT 308 Willows / O'Conner Area	$1,249,000 5/14/2012	N/A 6/9/2012	3	2	0	1,540	7/11/2012
552 ENCINA AVENUE 311 County Area / Fair Oaks Ave	$1,388,883 5/10/2012	N/A 6/15/2012	3	2	0	2,055	7/16/2012
1001 UNIVERSITY DRIVE 304 Allied Arts / Downtown	$1,595,000 4/27/2012	N/A 6/21/2012	2	2	0	1,530	7/20/2012
658 10TH AVENUE 311 County Area / Fair Oaks Ave	$749,950 4/12/2012	N/A 6/20/2012	3	2	0	1,290	7/10/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1321 HOBART STREET 303 Central Menlo	$1,950,000 6/1/2012	$1,960,000 6/8/2012	3	3	0	2,180	6/22/2012
210 MENLO OAKS DRIVE 307 Menlo Oaks Area	$1,998,000 5/24/2012	$2,135,000 6/7/2012	4	3	1	2,800	6/21/2012
1131 SHERMAN AVENUE 302 County / Alameda Area	$1,589,000 5/18/2012	$1,641,000 5/25/2012	3	2	0	1,700	6/19/2012
1150 WESTFIELD DRIVE 303 Central Menlo	$1,688,000 5/13/2012	$1,818,000 5/22/2012	3	3	0	1,790	6/18/2012
4 PEPPERWOOD COURT 307 Menlo Oaks Area	$3,295,000 5/7/2012	$3,452,000 5/16/2012	5	3	1	3,900	6/20/2012
539 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$799,950 4/27/2012	$810,000 5/22/2012	3	2	0	1,306	6/21/2012