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

We had only 5 new listings of single family homes in Palo Alto last week as oppose to 10 listings the week before. 10 houses changed status to pending as oppose to 11 the week before and 19 listings closed escrow as oppose to 11 the week before.

Please note that all listings sold at or above the asking price but 6.

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   :   5
Pending :   10
Sold       : 19

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	SqFt
1234 PITMAN AVENUE 239 Crescent Park	$2,695,000 11/16/2012	4	3	2,700
1235 LINCOLN AVENUE 239 Crescent Park	$1,380,000 11/15/2012	2	2	1,626
872 BOYCE AVENUE 240 Community Center	$1,598,000 11/14/2012	3	3	2,490
3261 ASH STREET 235 Ventura	$1,795,000 11/14/2012	1	1	4,407
2140 COLUMBIA STREET 236 College	$1,695,000 11/14/2012	3	2	1,763

PENDING LISTINGS:

			Address Area		List Price List Date	Sale Price Con. Date	BR	FBA		PBA	SqFt	Close Date
			718 MAPLEWOOD AVENUE 233 South Palo Alto		$1,100,000 11/8/2012	N/A 11/16/2012	3	2		0	1,255	12/11/2012
			138 COLERIDGE AVENUE 237 Old Palo Alto		$1,195,000 11/8/2012	N/A 11/15/2012	2	2		0	1,333	12/14/2012
			4155 FRANDON COURT 231 Green Acres		$1,448,000 11/7/2012	N/A 11/15/2012	3	2		1	1,548	12/6/2012
			877 SHARON COURT 239 Crescent Park		$2,395,000 10/31/2012	N/A 11/14/2012	4	3		1	2,580	12/14/2012
			5065 SKYLINE BOULEVARD 230 Palo Alto Hills		$1,375,000 10/31/2012	N/A 11/12/2012	3	2		1	2,400	12/12/2012
			440 OLIVE AVENUE 235 Ventura		$1,988,000 10/29/2012	N/A 11/15/2012	5	4		0	3,605	11/21/2012
			1959 EMERSON STREET 237 Old Palo Alto		$2,895,000 10/3/2012	N/A 11/8/2012	4	3		0	2,501	11/22/2012
			3045 SOUTH COURT 234 Midtown		$2,698,000 9/20/2012	N/A 11/16/2012	5	5		1	4,000	12/13/2012
			240 WHITCLEM DRIVE 233 South Palo Alto		$1,089,000 8/27/2012	N/A 11/14/2012	4	1		1	1,413	12/14/2012
			4277 PARK BOULEVARD 233 South Palo Alto		$999,888 7/11/2012	N/A 10/24/2012	4	2		0	1,496	11/22/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
230 IRIS WAY 238 Green Gables	$1,350,000 10/25/2012	$1,575,000 11/2/2012	3	1	0	1,093	11/15/2012
558 LINCOLN AVENUE 241 Professorville	$3,195,000 10/20/2012	$3,555,000 11/2/2012	5	3	1	3,242	11/15/2012
2461 RAMONA STREET 234 Midtown	$1,629,000 10/18/2012	$1,885,000 10/25/2012	3	2	0	1,883	11/15/2012
3503 EMMA COURT 232 Barron Park	$2,650,000 10/18/2012	$2,650,000 10/30/2012	5	3	1	2,650	11/16/2012
3340 ROSS ROAD 233 South Palo Alto	$1,399,000 10/16/2012	$1,620,000 10/25/2012	3	2	0	1,838	11/15/2012
1246 PITMAN AVENUE 239 Crescent Park	$2,200,000 10/11/2012	$2,330,000 10/18/2012	3	2	0	1,872	11/16/2012
310 MACLANE STREET 235 Ventura	$998,000 10/10/2012	$1,205,000 10/22/2012	3	1	0	1,050	11/16/2012
4104 PARK BOULEVARD 233 South Palo Alto	$1,298,800 10/10/2012	$1,380,000 10/17/2012	3	2	0	1,536	11/16/2012
430 PEPPER AVENUE 235 Ventura	$899,000 9/27/2012	$1,080,000 10/5/2012	2	1	0	942	11/8/2012
528 JACKSON DRIVE 238 Green Gables	$1,695,000 9/27/2012	$1,670,000 10/13/2012	5	3	0	2,140	11/15/2012
4191 WILLMAR DRIVE 231 Green Acres	$2,488,000 9/26/2012	$2,200,000 10/26/2012	4	3	1	3,092	11/14/2012
1215 ALMA STREET 237 Old Palo Alto	$699,000 9/14/2012	$710,000 9/29/2012	2	1	0	672	11/13/2012
365 WEST CHARLESTON ROAD 233 South Palo Alto	$925,000 9/13/2012	$850,000 11/2/2012	2	1	1	1,045	11/7/2012
3556 MIDDLEFIELD ROAD 234 Midtown	$1,350,000 9/11/2012	$1,352,000 10/16/2012	3	2	0	1,576	11/14/2012
842 BOYCE AVENUE 240 Community Center	$3,485,000 9/6/2012	$3,510,000 9/16/2012	4	4	0	3,496	11/9/2012
261 RAMONA STREET 242 Downtown Palo Alto	$1,495,000 9/6/2012	$1,480,000 9/29/2012	3	2	0	1,558	11/14/2012
750 HOMER AVENUE 240 Community Center	$1,099,000 9/6/2012	$1,090,000 10/16/2012	2	1	0	1,057	11/16/2012
3751 CORINA WAY 233 South Palo Alto	$1,349,000 9/5/2012	$1,380,000 10/30/2012	4	2	0	1,727	11/15/2012
4214 JUNIPER LANE 233 South Palo Alto	$1,585,000 8/22/2012	$1,540,000 10/17/2012	4	3	1	2,873	11/15/2012