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

We had 14 active listings of single family homes in Palo Alto last week as oppose to 19 listings the week before 14 houses changed status to pending as oppose to 17 the week before and 7 listings closed escrow as oppose to 8 the week before.

Please note that all listings sold above the asking price but one listing.

The market remains a seller market, We are still having multiple offers on many listings in Palo Alto.

Following is the detailed market activity for Palo Alto:

Active 14 Expired 1 Pending 14 Sold 7 Withdrawn 1

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
3284 RAMONA STREET 234 Midtown	$1,499,000 10/9/2012	3	2	0	1,601
754 HOMER AVENUE 240 Community Center	$999,999 10/5/2012	2	2	0	836
2302 SANTA ANA STREET 238 Green Gables	$2,395,000 10/4/2012	4	3	0	2,405
381 LINCOLN AVENUE 241 Professorville	$2,398,000 10/4/2012	4	2	2	2,238
220 CHESTNUT AVENUE 235 Ventura	$998,000 10/4/2012	2	1	0	816
3330 THOMAS DRIVE 233 South Palo Alto	$1,498,000 10/4/2012	3	2	0	2,024
848 SOUTHAMPTON DRIVE 238 Green Gables	$4,495,000 10/3/2012	5	4	2	4,700
1118 HARKER AVENUE 240 Community Center	$2,195,000 10/3/2012	4	2	0	2,057
950 GUINDA STREET 240 Community Center	$3,995,000 10/3/2012	6	4	0	4,359
1959 EMERSON STREET 237 Old Palo Alto	$2,895,000 10/3/2012	4	3	0	2,501
1600 UNIVERSITY AVENUE 239 Crescent Park	$1,295,000 10/3/2012	3	2	1	1,687
3510 MIDDLEFIELD ROAD 234 Midtown	$1,000,000 10/3/2012	3	1	0	1,120
4216 MANUELA AVENUE 230 Palo Alto Hills	$2,350,000 10/3/2012	4	3	0	2,822
4277 PARK BOULEVARD 233 South Palo Alto	$999,888 7/11/2012	4	2	0	1,496

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
281 CHESTNUT AVENUE 235 Ventura	$998,000 9/27/2012	N/A 10/5/2012	3	2	0	1,298	10/23/2012
430 PEPPER AVENUE 235 Ventura	$899,000 9/27/2012	N/A 10/5/2012	2	1	0	942	11/9/2012
324 CHANNING AVENUE 242 Downtown Palo Alto	$1,698,000 9/27/2012	N/A 10/5/2012	3	2	1	1,782	11/7/2012
769 PAUL AVENUE 232 Barron Park	$1,395,000 9/27/2012	N/A 10/4/2012	2	2	0	1,754	11/2/2012
1131 LINCOLN AVENUE 240 Community Center	$2,550,000 9/27/2012	N/A 10/5/2012	4	3	0	2,961	11/2/2012
750 SAN CARLOS COURT 234 Midtown	$1,048,000 9/26/2012	N/A 10/9/2012	3	2	0	1,092	11/9/2012
2050 DARTMOUTH STREET 236 College	$2,350,000 9/26/2012	N/A 10/4/2012	5	4	0	2,991	10/11/2012
3455 PARK BOULEVARD 235 Ventura	$1,199,000 9/20/2012	N/A 10/3/2012	4	4	3	1,992	12/20/2012
3716 REDWOOD CIRCLE 233 South Palo Alto	$1,500,000 9/13/2012	N/A 10/2/2012	5	2	1	1,952	11/1/2012
405 MARLOWE STREET 239 Crescent Park	$2,595,000 8/29/2012	N/A 10/4/2012	4	3	0	3,108	11/16/2012
4303 MIRANDA AVENUE 230 Palo Alto Hills	$1,250,000 8/2/2012	N/A 8/30/2012	3	1	0	1,600	10/30/2012
171 COWPER STREET 242 Downtown Palo Alto	$2,850,000 7/18/2012	N/A 10/6/2012	5	4	1	3,118	10/12/2012
25 ERSTWILD COURT 238 Green Gables	$2,349,000 7/12/2012	N/A 9/21/2012	4	3	0	2,264	10/18/2012
2131 AMHERST STREET 236 College	$1,749,000 7/12/2012	N/A 10/1/2012	4	2	1	1,542	10/15/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
723 GARLAND DRIVE 238 Green Gables	$1,598,000 9/18/2012	$1,838,000 9/28/2012	3	1	0	1,394	10/5/2012
2125 HIGH STREET 237 Old Palo Alto	$1,098,000 9/13/2012	$1,385,000 9/20/2012	2	1	0	915	10/4/2012
773 ALLEN COURT 234 Midtown	$1,235,500 9/6/2012	$1,528,600 9/16/2012	3	2	0	1,456	10/5/2012
2672 MARSHALL DRIVE 233 South Palo Alto	$2,195,000 9/5/2012	$2,416,000 9/14/2012	4	3	0	2,862	10/4/2012
740 SEALE AVENUE 238 Green Gables	$5,995,000 9/4/2012	$6,000,000 9/13/2012	7	6	0	5,598	10/4/2012
1405 HOPKINS AVENUE 240 Community Center	$3,788,000 8/23/2012	$3,825,000 9/14/2012	5	4	1	3,794	10/3/2012
3424 COWPER COURT 234 Midtown	$2,498,000 8/8/2012	$2,400,000 9/9/2012	5	5	1	3,853	10/3/2012