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

We had 9 new listings of single family homes in Palo Alto last week as oppose to 7 the week before. 4 listings changed status to pending last week as oppose to 2 the week before and 5 listings  closed escrow last week as oppose to 8 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 :9
Pending : 4
Sold : 5

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
4217 MANUELA AVENUE 230 Palo Alto Hills	$3,798,000 7/18/2014	5	4	1	3,508
726 MONTROSE AVENUE 233 South Palo Alto	$1,988,000 7/17/2014	3	2	0	1,878
865 EAST MEADOW DRIVE 233 South Palo Alto	$3,199,000 7/17/2014	4	3	1	2,627
1029 RAMONA STREET 241 Professorville	$5,300,000 7/17/2014	4	3	1	3,470
306 FULTON STREET 239 Crescent Park	$2,098,000 7/17/2014	3	2	0	1,432
2614 COWPER STREET 234 Midtown	$3,380,000 7/17/2014	5	4	1	3,335
2088 EDGEWOOD DRIVE 238 Green Gables	$2,198,000 7/17/2014	4	3	0	1,890
4339 MIRANDA AVENUE 230 Palo Alto Hills	$1,998,000 7/16/2014	6	3	1	3,051
151 SEALE AVENUE 237 Old Palo Alto	$1,898,000 7/14/2014	2	1	0	1,080

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	SqFt	Close Date
730 JOSINA AVENUE 232 Barron Park	$2,598,000 7/10/2014	N/A 7/16/2014	4	3	2,630	7/31/2014
2150 BOWDOIN STREET 236 College	$998,000 7/9/2014	N/A 7/17/2014	2	1	712	7/24/2014
923 OREGON AVENUE 238 Green Gables	$1,795,000 7/8/2014	N/A 7/17/2014	3	2	1,199	8/6/2014
539 MADISON WAY 238 Green Gables	$3,998,000 6/12/2014	N/A 7/18/2014	4	3	3,450	8/18/2014

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
4039 2ND STREET 235 Ventura	$1,250,000 6/26/2014	$1,425,000 7/3/2014	3	2	0	1,274	7/11/2014
756 ROSEWOOD DRIVE 234 Midtown	$2,598,000 6/18/2014	$2,620,000 7/3/2014	4	3	0	2,776	7/16/2014
3236 ROSS ROAD 233 South Palo Alto	$2,078,000 6/18/2014	$2,138,000 7/3/2014	4	2	0	1,924	7/17/2014
721 WEBSTER STREET 242 Downtown Palo Alto	$2,695,000 6/18/2014	$5,480,000 7/2/2014	3	2	1	2,020	7/11/2014
4221 RUTHELMA AVENUE 233 South Palo Alto	$1,548,000 6/11/2014	$1,910,000 6/25/2014	3	2	0	1,236	7/18/2014