MARKET ACTIVITY FOR PALO ALTO FOR LAST WEEK

Week In Review:

The past week market activity in Palo Alto was slightly more active than the week before with:

7 Active listings
5 Pending
4 Closed escrow

I expect to see to see our listing inventory to increase gradually.
Historically our listing inventory remained low until  the end of the winter season and picked-up in March.

Following is the details of the market activity for last week:


New Active Listings For Last Week:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
1236 COLLEGE AVENUE 236 College	$2,795,000 1/12/2012	5	4	2	3,820
3743 REDWOOD CIRCLE 233 South Palo Alto	$1,149,000 1/12/2012	3	2	0	1,488
185 WALTER HAYS DRIVE 238 Green Gables	$1,398,000 1/12/2012	3	2	0	1,446
861 NEWELL PLACE 238 Green Gables	$1,999,000 1/11/2012	4	3	0	2,500
3187 ALEXIS DRIVE 230 Palo Alto Hills	$5,250,000 1/10/2012	4	3	1	5,475
651 EAST MEADOW DRIVE 234 Midtown	$1,267,000 1/10/2012	5	3	0	2,438
581 MARION AVENUE 234 Midtown	$1,050,000 1/9/2012	2	1	0	858

Listings That sold Last Week:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	SqFt	Close Date
769 ROSEWOOD DRIVE 234 Midtown	$1,050,000 1/7/2012	N/A 1/11/2012	2	2	1,186	1/20/2012
2928 BRYANT STREET 234 Midtown	$1,098,000 1/1/2012	N/A 1/14/2012	2	1	1,230	1/28/2012
3395 LOUIS ROAD 233 South Palo Alto	$1,199,000 11/28/2011	N/A 1/11/2012	4	2	1,659	2/10/2012
3726 CARLSON CIRCLE 233 South Palo Alto	$1,275,000 11/9/2011	N/A 12/10/2011	4	2	1,848	1/17/2012
264 CHANNING AVENUE 242 Downtown Palo Alto	$1,699,000 11/9/2011	N/A 1/13/2012	3	3	1,968	2/29/2012

Listings that Closed Escrow Last Week:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
554 KINGSLEY AVENUE 241 Professorville	$4,000,000 11/16/2011	$3,800,000 11/28/2011	5	3	1	3,262	1/13/2012
3170 ROSS ROAD 234 Midtown	$1,600,000 11/2/2011	$1,515,000 11/28/2011	4	2	1	2,550	1/4/2012
1220 HAMILTON AVENUE 239 Crescent Park	$2,195,000 9/14/2011	$2,035,000 12/2/2011	2	2	1	2,096	1/10/2012
1137 FOREST AVENUE 240 Community Center	$1,325,000 7/6/2011	$1,299,700 12/13/2011	3	2	0	1,350	1/6/2012