09 December, 2013

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

We had 2 new listings of single family homes in Menlo Park last week. 5 listings that changed status to pending and 9 listings  closed escrow last week.

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 2 confirming a continuing strong market. The market remains a seller market.

If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.

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 : 2
Pending : 5
Sold : 9

ACTIVE LISTINGS:

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

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

Address
Area
BR
FBA
PBA
4
3
1
2
2
0
3
2
0
5
4
1
3
2
0
3
2
1
3
2
0
3
1
1
2
1
0
960

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