WEEK IN REVIEW: ACTIVE NEW LISTINGS, PENDING AND SOLD LISTINGS IN MENLO PARK

We had only 4 new listings last week of single family homes as oppose to 8 the week before in Menlo Park. 8 houses changed status to pending the same as the week before and 6 closed escrow as oppose to 3 the week before.

The inventory remains low. Most of the new listings are selling within one week. Only two listings sold above the asking price.
 The market remains a strong seller market

If you are thinking about selling your home, it is a great time to sell, contact me to help you establish a plan to sell your home.

Following is the detailed market activity for Menlo Park:

Active : 4
Pending: 8
Sold: 6

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
687 14TH AVENUE 311 County Area / Fair Oaks Ave	$998,000 9/1/2013	4	3	0	1,620
849 CAMBRIDGE AVENUE 304 Allied Arts / Downtown	$1,695,000 8/30/2013	4	3	1	2,380
2081 CAMINO AL LAGO 302 County / Alameda Area	$1,375,000 8/30/2013	3	2	0	1,490
627 16TH AVENUE 311 County Area / Fair Oaks Ave	$1,499,000 8/26/2013	4	3	1	2,518

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
189 BUCKTHORN WAY 305 Middlefield to El Camino	$819,000 8/22/2013	N/A 8/30/2013	3	2	0	980	10/1/2013
320 OLIVE STREET 303 Central Menlo	$4,495,000 8/19/2013	N/A 8/29/2013	6	5	0	4,728	9/10/2013
2191 GORDON AVENUE 302 County / Alameda Area	$2,695,000 8/19/2013	N/A 9/1/2013	4	3	1	3,054	9/11/2013
344 CENTRAL AVENUE 308 Willows / O'Conner Area	$1,190,000 8/17/2013	N/A 8/29/2013	3	1	0	1,500	9/18/2013
91 LOYOLA AVENUE 311 County Area / Fair Oaks Ave	$975,000 8/15/2013	N/A 8/31/2013	2	1	0	1,170	9/6/2013
1055 BERKELEY AVENUE 309 Flood Park Area	$898,000 7/29/2013	N/A 9/1/2013	2	1	0	1,516	10/1/2013
965 SAN MATEO DRIVE 303 Central Menlo	$2,995,000 6/23/2013	N/A 8/20/2013	4	3	1	3,113	9/19/2013
1060 CONTINENTAL DRIVE 301 Sharon Heights / Stanford Hills	$2,075,000 6/23/2013	N/A 8/28/2013	6	3	0	3,150	10/11/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
646 10TH AVENUE 311 County Area / Fair Oaks Ave	$625,000 8/9/2013	$680,000 8/21/2013	2	1	0	920	8/30/2013
165 HANNA WAY 307 Menlo Oaks Area	$2,775,000 8/1/2013	$2,650,000 8/23/2013	4	3	0	2,640	8/28/2013
731 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$875,000 7/6/2013	$906,000 7/22/2013	3	2	0	1,535	8/27/2013
4218 FAIR OAKS AVENUE 311 County Area / Fair Oaks Ave	$1,350,000 4/24/2013	$1,250,000 7/29/2013	5	3	1	2,840	8/29/2013
32 IRIS LANE 309 Flood Park Area	$899,000 4/9/2013	$850,000 7/12/2013	3	2	0	1,800	8/21/2013
24 SAN JUAN AVENUE 302 County / Alameda Area	$3,450,000 10/22/2012	$3,200,000 8/6/2013	4	4	1	3,770	8/28/2013