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

We had 5 new listings of  single family homes last week in Palo Alto as oppose to 11 new listings  the week before. 
13 listings changed status to pending as oppose to 24 last week and 11 closed escrow this week as oppose to 10 listings the previous week.

If you are planning to sell your home it is still an opportune time to sell before the capital gain rate goes up as expected by the end of 2012.

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

Active	5
Pending	13
Sold	11

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
450 PEPPER AVENUE 235 Ventura	$1,495,000 7/28/2012	4	3	0	2,338
849 NORTHAMPTON DRIVE 238 Green Gables	$4,798,000 7/26/2012	5	4	1	3,966
910 MATADERO AVENUE 232 Barron Park	$2,600,000 7/26/2012	4	3	0	2,843
156 TENNYSON AVENUE 237 Old Palo Alto	$1,450,000 7/25/2012	3	2	0	1,820
25 ERSTWILD COURT 238 Green Gables	$2,495,000 7/12/2012	4	3	0	2,264

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
235 FERNE AVENUE 233 South Palo Alto	$1,698,000 7/19/2012	N/A 7/25/2012	4	2	0	1,978	8/24/2012
999 LOMA VERDE AVENUE 233 South Palo Alto	$1,488,000 7/19/2012	N/A 7/28/2012	4	3	0	1,865	8/30/2012
746 TORREYA COURT 233 South Palo Alto	$1,998,000 7/14/2012	N/A 7/26/2012	4	2	1	2,008	8/29/2012
652 GLENBROOK DRIVE 231 Green Acres	$1,595,000 7/13/2012	N/A 7/25/2012	3	2	0	1,975	8/17/2012
129 LOWELL AVENUE 237 Old Palo Alto	$2,195,000 7/12/2012	N/A 7/19/2012	4	2	1	2,641	8/9/2012
4237 MACKAY DRIVE 233 South Palo Alto	$1,295,000 7/12/2012	N/A 7/25/2012	3	2	0	1,298	8/22/2012
460 PEPPER AVENUE 235 Ventura	$1,549,000 7/12/2012	N/A 7/26/2012	4	3	0	2,338	8/29/2012
3493 GREER ROAD 233 South Palo Alto	$1,998,000 7/11/2012	N/A 7/26/2012	5	3	1	3,804	8/10/2012
755 STONE LANE 233 South Palo Alto	$2,135,000 7/11/2012	N/A 7/27/2012	4	3	0	2,532	8/27/2012
3805 CARLSON COURT 233 South Palo Alto	$1,275,000 7/9/2012	N/A 7/19/2012	3	2	0	1,382	8/17/2012
3863 ROSS ROAD 233 South Palo Alto	$1,421,000 6/28/2012	N/A 7/24/2012	3	2	0	1,573	8/31/2012
765 MORENO AVENUE 234 Midtown	$2,575,000 6/19/2012	N/A 7/27/2012	4	3	1	3,114	8/31/2012
524 CHIMALUS DRIVE 232 Barron Park	$2,598,000 5/1/2012	N/A 6/26/2012	5	4	1	3,883	7/31/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
221 NEVADA AVENUE 237 Old Palo Alto	$1,195,000 7/11/2012	$1,350,000 7/19/2012	2	1	0	1,078	7/27/2012
3466 RAMBOW DRIVE 234 Midtown	$2,388,000 7/8/2012	$2,690,000 7/18/2012	4	3	2	2,438	7/25/2012
3449 KENNETH DRIVE 233 South Palo Alto	$1,298,000 6/21/2012	$1,425,000 6/27/2012	4	2	0	1,698	7/26/2012
727 SEMINOLE WAY 233 South Palo Alto	$1,095,000 6/21/2012	$1,150,000 6/27/2012	3	2	1	1,584	7/27/2012
1330 SOUTH CALIFORNIA AVENUE 236 College	$1,680,000 6/15/2012	$1,665,000 7/2/2012	4	3	0	2,700	7/20/2012
4090 EL CERRITO ROAD 232 Barron Park	$2,388,000 6/15/2012	$2,790,000 6/26/2012	5	3	1	2,945	7/20/2012
830 LYTTON AVENUE 239 Crescent Park	$2,455,000 5/30/2012	$2,400,000 6/20/2012	4	3	1	2,370	7/20/2012
387 ELY PLACE 233 South Palo Alto	$2,498,000 5/17/2012	$2,452,000 7/11/2012	3	3	1	2,588	7/24/2012
821 SAN FRANCISCO COURT 243 Stanford	$1,650,000 5/17/2012	$1,520,000 6/15/2012	3	3	0	2,526	7/25/2012
4174 OAK HILL AVENUE 230 Palo Alto Hills	$2,698,000 5/3/2012	$2,910,000 5/10/2012	4	2	1	2,248	6/8/2012
249 LOWELL AVENUE 237 Old Palo Alto	$4,900,000 5/2/2012	$4,800,000 6/27/2012	4	3	1	4,015	7/25/2012