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

We had only 9 new listings of single family homes in Palo Alto last week as oppose to 8 listings the week before. 15 houses changed status to pending as oppose to 14 the week before and 5 listings closed escrow as oppose to 13 the week before.

Please note that all listings sold at or above the asking price but 2.

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	9
Pending	15
Sold	5

Address Area	List Price List Date	BR	FBA	PBA	SqFt
184 PRIMROSE WAY 238 Green Gables	$2,495,000 11/1/2012	4	2	1	2,313
1505 COWPER STREET 237 Old Palo Alto	$3,988,000 11/1/2012	5	4	1	4,115
5065 SKYLINE BOULEVARD 230 Palo Alto Hills	$1,375,000 10/31/2012	3	2	1	2,400
525 GUINDA STREET 239 Crescent Park	$2,595,000 10/31/2012	4	3	0	2,250
877 SHARON COURT 239 Crescent Park	$2,395,000 10/31/2012	4	3	1	2,580
333 BYRON STREET 242 Downtown Palo Alto	$1,398,000 10/31/2012	2	1	0	1,232
470 RUTHVEN AVENUE 242 Downtown Palo Alto	$3,295,000 10/31/2012	4	3	1	2,617
440 OLIVE AVENUE 235 Ventura	$1,988,000 10/29/2012	5	4	0	3,605
2342 MIDDLEFIELD ROAD   237 Old Palo Alto	9/18/2012	4	2	1	2,281

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
928 ADDISON AVENUE 240 Community Center	$4,398,000 10/31/2012	N/A 11/1/2012	6	5	1	4,084	11/5/2012
920 ADDISON AVENUE 240 Community Center	$3,998,000 10/31/2012	N/A 11/3/2012	5	4	1	3,762	12/14/2012
3324 SAINT MICHAEL DRIVE 234 Midtown	$1,925,000 10/29/2012	N/A 11/3/2012	3	2	0	1,904	1/2/2013
260 IRIS WAY 238 Green Gables	$1,698,000 10/25/2012	N/A 11/1/2012	3	2	0	1,808	12/6/2012
230 IRIS WAY 238 Green Gables	$1,350,000 10/25/2012	N/A 11/2/2012	3	1	0	1,093	11/16/2012
454 FERNE AVENUE 233 South Palo Alto	$1,850,000 10/25/2012	N/A 10/31/2012	5	2	0	1,935	11/21/2012
3874 MUMFORD PLACE 233 South Palo Alto	$1,250,000 10/24/2012	N/A 11/1/2012	3	2	0	1,443	11/30/2012
558 LINCOLN AVENUE 241 Professorville	$3,195,000 10/20/2012	N/A 11/2/2012	5	3	1	3,242	11/16/2012
355 SAN ANTONIO AVENUE 233 South Palo Alto	$1,788,000 10/19/2012	N/A 11/3/2012	4	4	1	2,622	1/10/2013
3503 EMMA COURT 232 Barron Park	$2,650,000 10/18/2012	N/A 10/30/2012	5	3	1	2,650	11/19/2012
310 MACLANE STREET 235 Ventura	$998,000 10/10/2012	N/A 10/22/2012	3	1	0	1,050	11/16/2012
848 SOUTHAMPTON DRIVE 238 Green Gables	$4,495,000 10/3/2012	N/A 11/1/2012	5	4	2	4,700	11/30/2012
365 WEST CHARLESTON ROAD 233 South Palo Alto	$925,000 9/13/2012	N/A 11/2/2012	2	1	1	1,045	11/7/2012
3751 CORINA WAY 233 South Palo Alto	$1,349,000 9/5/2012	N/A 10/30/2012	4	2	0	1,727	11/16/2012
4214 JUNIPER LANE 233 South Palo Alto	$1,585,000 8/22/2012	N/A 10/17/2012	4	3	1	2,873	11/15/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1131 LINCOLN AVENUE 240 Community Center	$2,550,000 9/27/2012	$3,057,000 10/5/2012	4	3	0	2,961	11/2/2012
769 PAUL AVENUE 232 Barron Park	$1,395,000 9/27/2012	$1,726,000 10/4/2012	2	2	0	1,754	10/30/2012
816 MESA COURT 230 Palo Alto Hills	$2,595,000 9/13/2012	$2,535,000 9/28/2012	5	3	0	2,639	10/30/2012
725 LINCOLN AVENUE 240 Community Center	$1,395,000 5/26/2012	$1,430,000 6/7/2012	2	2	0	1,032	10/31/2012
524 EVERETT COURT 242 Downtown Palo Alto	$3,350,000 5/10/2012	$3,225,000 9/24/2012	2	2	1	2,788	10/31/2012