07 October, 2013

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

We had 7 new listings last week of single family homes as oppose to 9the week before in Menlo Park. 9 houses changed status to pending as oppose to 18 the week before and  closed escrow as oppose to 4  the week before.

The inventory remains low. Most of the new listings are selling within one week.  All listings sold below the asking price but 2 listings.
 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 : 7
Pending: 9
Sold: 7

ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
3
3
0
3
2
0
3
2
0
2
1
0
700
3
2
0
4
2
1
3
2
0
PENDING LISTINGS:

Address
Area
BR
FBA
PBA
3
1
0
920
3
2
0
4
3
0
3
2
0
3
1
0
4
2
1
3
2
0
4
4
1
4
3
0
SOLD LISTINGS:

Address
Area
BR
FBA
PBA
2
1
0
2
1
1
2
1
0
911
4
3
1
4
2
0
3
2
0
3
4
0

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