03 June, 2012

WEEK IN REVIEW: ACTIVE LISTINGS, PENDING AND SOLD LISTINGS IN MENLO PARK


The listing inventory is improving In Menlo Park, as of today we have a total of 43 listings of single family homes as oppose to 40 listings the week before, the market continues to be a seller market. 


Nine new  active listings of single family homes were listed this week as oppose to 8 the week before and  16 listings closed escrow as oppose to 7 listings the previous week and 7 listings changed status to pending as oppose to 14 the week before.


Please note that all listings sold above the asking price.


We are still seeing  private sales activity.  

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 NEW LISTINGS:

Address
Area






3
3
0

4
3
0
4
4
1
2
1
0


3
2
1
3
1
0
3
2
0
3
2
2
5
5
0


PENDING LISTINGS:

Address
Area
3
1
0
5
4
1
4
3
1
3
2
0


4
2
1
2
1
0
2
1
0


SOLD LISTINGS:

Address
Area
4
3
0
3
2
0
2
1
0
3
2
0
3
2
0
3
2
0
4
3
1
3
2
0
3
2
0
4
2
2
3
1
0
4
2
0
3
2
0
4
2
1
3
2
0
3
2
0

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