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

We had 12 new listings of single family homes in Palo Alto last week as oppose to 9 the week before. 11 listings changed status to pending last week as oppose to 19 the week before and 12 listings  closed escrow last week as oppose 17  the week before.

All listings sold significantly above the asking price.

The inventory is very low.  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.me to discuss a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active :12
Pending : 11
Sold : 12

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
969 UNIVERSITY AVENUE 239 Crescent Park	$3,899,000 5/15/2014	6	4	0	3,809
3221 ROSS ROAD 233 South Palo Alto	$1,598,000 5/15/2014	3	2	0	1,357
1175 FOREST AVENUE 240 Community Center	$1,800,000 5/14/2014	2	1	0	1,274
759 EAST MEADOW DRIVE 233 South Palo Alto	$4,788,000 5/14/2014	7	7	1	5,337
361 TIOGA COURT 233 South Palo Alto	$2,250,000 5/14/2014	5	2	0	1,910
2202 GREER ROAD 238 Green Gables	$1,988,000 5/14/2014	3	2	0	1,789
763 FLORALES DRIVE 232 Barron Park	$3,988,000 5/14/2014	5	5	0	3,906
3192 FALLEN LEAF STREET 233 South Palo Alto	$1,595,000 5/14/2014	4	2	1	2,037
1440 DANA AVENUE 239 Crescent Park	$3,850,000 5/13/2014	4	3	1	2,781
176 WAVERLEY STREET 242 Downtown Palo Alto	$2,195,000 5/13/2014	3	2	1	1,900
1017 CATHCART WAY 243 Stanford	$1,998,000 5/13/2014	4	2	1	2,325
731 DE SOTO DRIVE 238 Green Gables	$2,798,000 4/24/2014	4	2	1	2,569

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3773 REDWOOD CIRCLE 233 South Palo Alto	$1,945,000 5/16/2014	N/A 5/17/2014	3	2	0	1,488	6/17/2014
320 WEBSTER STREET 242 Downtown Palo Alto	$1,699,000 5/8/2014	N/A 5/14/2014	3	1	1	1,316	5/30/2014
1850 BRYANT STREET 237 Old Palo Alto	$2,195,000 5/8/2014	N/A 5/15/2014	3	2	1	2,324	5/22/2014
876 WARREN WAY 233 South Palo Alto	$1,999,000 5/7/2014	N/A 5/14/2014	4	2	0	2,235	6/4/2014
960 NORTH CALIFORNIA AVENUE 238 Green Gables	$4,988,000 5/7/2014	N/A 5/17/2014	5	4	1	3,404	6/11/2014
649 ARASTRADERO ROAD 231 Green Acres	$2,288,000 5/7/2014	N/A 5/14/2014	4	3	1	2,842	6/4/2014
3149 ALEXIS DRIVE 230 Palo Alto Hills	$2,980,000 5/7/2014	N/A 5/16/2014	4	4	0	3,663	6/9/2014
891 SAN JUDE AVENUE 232 Barron Park	$1,698,000 5/3/2014	N/A 5/14/2014	2	2	0	1,217	5/27/2014
118 EAST CHARLESTON ROAD 233 South Palo Alto	$1,695,000 5/3/2014	N/A 5/15/2014	4	2	0	1,724	5/30/2014
703 ENSIGN WAY 233 South Palo Alto	$2,295,000 4/21/2014	N/A 5/15/2014	3	2	0	2,024	5/29/2014
860 ARROYO COURT 230 Palo Alto Hills	$2,688,000 4/9/2014	N/A 5/15/2014	5	3	1	2,953	5/23/2014

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3448 ASHTON COURT 234 Midtown	$2,888,000 4/23/2014	$3,280,000 5/2/2014	4	3	1	2,550	5/15/2014
1302 CHANNING AVENUE 240 Community Center	$2,698,000 4/23/2014	$3,400,000 5/1/2014	5	3	0	2,206	5/9/2014
1680 BRYANT STREET 237 Old Palo Alto	$5,684,000 4/17/2014	$5,567,000 5/2/2014	4	2	1	3,550	5/15/2014
235 GREENMEADOW WAY 233 South Palo Alto	$1,988,000 4/15/2014	$2,200,000 4/25/2014	4	2	0	1,857	5/15/2014
2060 BIRCH STREET 236 College	$1,395,000 4/10/2014	$1,958,000 4/24/2014	2	2	0	935	5/16/2014
271 COLORADO AVENUE 234 Midtown	$1,679,000 4/9/2014	$2,200,000 4/17/2014	3	2	0	1,420	5/16/2014
3936 BIBBITS DRIVE 233 South Palo Alto	$1,898,000 4/9/2014	$2,202,000 4/18/2014	4	3	0	1,989	5/16/2014
262 KINGSLEY AVENUE 241 Professorville	$2,199,000 4/9/2014	$2,950,000 4/23/2014	3	2	0	1,945	5/15/2014
1540 PORTOLA AVENUE 236 College	$2,998,000 4/9/2014	$3,300,000 4/17/2014	4	3	0	2,084	5/13/2014
901 MEARS COURT 243 Stanford	$1,859,000 4/3/2014	$1,900,000 4/17/2014	4	2	1	2,116	5/16/2014
1830 GUINDA STREET 238 Green Gables	$2,595,000 3/26/2014	$2,828,000 4/5/2014	3	2	0	1,856	5/12/2014
957 CHANNING AVENUE 240 Community Center	$1,093,000 3/20/2014	$1,658,000 3/27/2014	1	1	0	810	5/13/2014