17 September, 2012

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



The market activity was strong last week. We had 20 new listings of single family homes in Menlo Park last week as oppose to 15 listings the week before, the inventory is getting better.The selling activity was also strong with 14 houses changed status to pending as oppose to 9 the week before and 4 listings closed escrow last week as oppose to 8 listings the week before. The market still a seller market.

Following is the market activity for the last week:

Active20
Canceled2
Pending14
Sold4



ACTIVE LISTINGS:

Address
Area


5
3
1
5
3
1


2
1
0
2
1
0
3
3
1
3
2
1
4
3
0
4
2
0
4
3
0
4
3
0
5
3
1


3
3
0
5
3
1
3
3
0
4
3
1
3
2
0
2
1
0
3
2
0
4
3
1
2
1
0

PENDING LISTINGS:
Address
Area
2
1
0
3
2
0
2
1
0
5
3
1
2
1
0
4
3
0
3
2
0
2
1
0
3
2
0
3
2
0
5
3
1
2
2
0
4
3
0
4
2
0

SOLD LISTINGS:

Address
Area
4
2
5
4
4
3
3
2

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