30 September, 2013

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

We had 9 new listings last week of single family homes as oppose to 12 the week before in Menlo Park. 18 houses changed status to pending as oppose to 6  the week before and 4 closed escrow as oppose to 5  the week before.

The inventory remains low. Most of the new listings are selling within one week.  All listings sold below the asking price and 2 listings had price reduction before they change to pending status..
 The market remains a 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 : 9
Pending: 18
Sold: 4

ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
3
2
1
3
2
0
 
3
1
0
920
3
2
0
4
3
0
2
1
0
1
1
0
330
4
2
1
5
4
0
PENDING LISTINGS:

Address
Area
BR
FBA
PBA
3
3
0
3
2
0
3
2
1
3
1
0
2
1
1
4
2
1
3
2
0
3
1
0
2
1
0
3
1
0
5
4
1
3
3
0
4
3
1
4
3
0
4
3
0
4
3
1
2
1
0
3
2
0
SOLD LISTINGS:

Address
Area
BR
FBA
PBA
4
2
0
3
1
0
5
3
1
4
3
1

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