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

We had 6 new listings of single family homes in Palo Alto as oppose to 11 the week before  13 house changed status to pending  as oppose to 9 the week before and 7 listings  closed escrow as oppose to 8 the week before.

The inventory is very low and we are still seeing multiple offers in the price range of $1.3 Million - $3 Million. All listings that closed escrow this week sold  at  above the asking price  but two confirming a continuing strong market. The market remains a seller market.

If you are thinking about selling your home, it is the time to contact your realtor to establish a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active : 6
Pending : 13
Sold : 7

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
861 MATADERO AVENUE 232 Barron Park	$1,998,000 11/7/2013	3	1	1	1,642
897 SOUTHAMPTON DRIVE 238 Green Gables	$2,800,000 11/6/2013	4	3	0	2,753
460 EL CAPITAN PLACE 233 South Palo Alto	$2,169,000 11/6/2013	4	3	0	2,389
1900 BIRCH STREET 236 College	$2,798,000 11/6/2013	4	3	0	2,851
3224 EMERSON STREET 234 Midtown	$1,150,000 11/5/2013	3	1	0	1,027
677 DRISCOLL COURT 231 Green Acres	$2,698,000 11/5/2013	5	4	1	3,060

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
244 RINCONADA AVENUE 237 Old Palo Alto	$4,950,000 11/6/2013	N/A 11/9/2013	5	4	1	5,304	11/22/2013
2593 MARSHALL DRIVE 233 South Palo Alto	$1,398,000 10/31/2013	N/A 11/7/2013	3	2	0	1,118	11/13/2013
510 LOWELL AVENUE 237 Old Palo Alto	$5,280,000 10/31/2013	N/A 11/5/2013	5	6	1	4,648	11/14/2013
221 KIPLING STREET 242 Downtown Palo Alto	$4,500,000 10/31/2013	N/A 11/6/2013	5	5	0	4,010	11/18/2013
3340 KENNETH DRIVE 233 South Palo Alto	$1,798,000 10/31/2013	N/A 11/6/2013	5	3	0	2,004	11/27/2013
633 CHIMALUS DRIVE 232 Barron Park	$2,368,000 10/30/2013	N/A 11/7/2013	4	3	0	2,543	11/15/2013
864 EMBARCADERO ROAD 238 Green Gables	$1,300,000 10/30/2013	N/A 11/7/2013	4	2	0	1,260	12/7/2013
4258 MCKELLAR LANE 231 Green Acres	$1,498,000 10/30/2013	N/A 11/6/2013	3	2	0	1,584	12/4/2013
3377 ROSS ROAD 233 South Palo Alto	$2,998,000 10/30/2013	N/A 11/5/2013	5	3	1	2,860	11/26/2013
2296 BRYANT STREET 237 Old Palo Alto	$2,100,000 10/30/2013	N/A 11/8/2013	3	3	0	1,964	11/27/2013
564 GEORGIA AVENUE 232 Barron Park	$1,498,000 10/30/2013	N/A 11/8/2013	2	1	1	1,015	12/3/2013
3832 GROVE AVENUE 233 South Palo Alto	$2,695,000 10/29/2013	N/A 11/6/2013	4	3	1	2,994	11/15/2013
4160 HUBBARTT DRIVE 231 Green Acres	$1,875,000 10/27/2013	N/A 11/7/2013	4	2	0	2,084	11/20/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
757 COLORADO AVENUE 234 Midtown	$1,828,000 10/16/2013	$1,750,000 11/5/2013	4	2	0	2,221	11/8/2013
1478 KINGS LANE 239 Crescent Park	$2,198,000 10/9/2013	$2,660,000 10/17/2013	4	2	0	2,162	11/8/2013
3445 LOUIS ROAD 233 South Palo Alto	$1,895,000 10/8/2013	$1,900,000 10/22/2013	4	2	0	1,659	11/8/2013
201 CHESTNUT AVENUE 235 Ventura	$1,498,000 10/2/2013	$1,580,000 10/15/2013	4	2	1	1,870	11/8/2013
3137 GREER ROAD 233 South Palo Alto	$1,238,000 9/19/2013	$1,460,000 9/26/2013	3	1	0	1,004	11/8/2013
239 MATADERO AVENUE 235 Ventura	$1,398,000 9/19/2013	$1,425,000 10/11/2013	3	2	0	1,280	11/6/2013
1776 GUINDA STREET 238 Green Gables	$3,395,000 8/26/2013	$3,401,000 10/30/2013	4	3	0	2,905	11/7/2013