WEEK IN REVIEW

The Palo alto Real estate Market activity continue to be strong.

We are selling more houses than we are listings.

Our listing inventory went down from 41 active listings to 32 active listings today.

We only had 4 active new listings last week, 7 houses changed status to pending and 9 listings closed escrow.

Demand for houses in our real estate community is high; Buyers are out looking to buy before the end of the year in anticipation of a rising market next year and to take advantage of the historic low interest rate.

Please call me if you would like further information.


ACTIVE NEW LISTINGS:

Address Area	List Price List Date	BR	Baths	SqFt
169 TASSO STREET 242 Downtown Palo Alto	$1,599,000 11/30/2011	4	3	1,972
976 ELSINORE DRIVE 238 Green Gables	$1,298,000 11/30/2011	4	2	1,636
2505 GREER ROAD 233 South Palo Alto	$1,198,000 11/30/2011	3	2	1,356
3395 LOUIS ROAD 233 South Palo Alto	$1,199,000 11/28/2011	4	2	1,659

 SEVEN HOUSES CHANGED STATUS TO PENDING:

	Address Area	List Price List Date	BR	FBA	SqFt
	554 KINGSLEY AVENUE 241 Professorville	$4,000,000 11/16/2011	5	3	3,262
	434 FULTON STREET 239 Crescent Park	$995,000 11/15/2011	2	1	1,224
	3732 GROVE AVENUE 233 South Palo Alto	$1,748,800 11/12/2011	6	4	2,976
	3170 ROSS ROAD 234 Midtown	$1,600,000 11/2/2011	4	2	2,550
	927 MEARS COURT 243 Stanford	$1,748,000 10/13/2011	5	3	2,995
	1220 HAMILTON AVENUE 239 Crescent Park	$2,195,000 9/14/2011	2	2	2,096
	518 FULTON STREET 239 Crescent Park	$1,250,000 9/6/2011	2	1	1,224

 NINE HOUSES CLOSED ESCROW:

MLS #	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	Sqft
	4131 WILLMAR DRIVE 231 Green Acres	$1,388,000 11/3/2011	$1,566,000 11/10/2011	3	2	1,559
	750 WILDWOOD LANE 238 Green Gables	$1,299,950 10/26/2011	$1,400,000 11/2/2011	3	2	1,496
	2928 CLARA DRIVE 233 South Palo Alto	$1,499,000 10/19/2011	$1,471,000 10/28/2011	3	2	1,647
	959 MORENO AVENUE 233 South Palo Alto	$1,288,000 10/14/2011	$1,255,000 11/6/2011	5	2	1,596
	2115 EDGEWOOD DRIVE 238 Green Gables	$1,100,000 10/3/2011	$1,100,000 10/8/2011	4	2	1,614
	4157 INTERDALE WAY 232 Barron Park	$1,295,000 9/30/2011	$1,250,000 10/26/2011	3	2	2,335
	960 SOUTH CALIFORNIA AVENUE 236 College	$1,799,000 9/13/2011	$1,850,000 11/1/2011	4	3	2,209
	630 LINCOLN AVENUE 241 Professorville	$2,395,000 9/7/2011	$2,350,000 10/27/2011	5	3
	621 ARASTRADERO ROAD 231 Green Acres	$1,250,000 4/8/2011	$1,250,000 10/17/2011	3	3	1,375