WEEK IN REVIEW: ACTIVE, PENDING AND SOLD LISTINGS

The real estate market continue to be active last week. Our listing inventory was slightly  up with 30 active listings as of today January 30, 2012  as oppose to 27 listings last week.

The market activity this week is as follow:

Active	10
Pending	8
Sold	6

Our inventory will improve the following month but i expect that it will remain low in comparison to the average historic inventory for previous year.

If you are contemplating to sell your home this year, it is a good time to list your home.
For buyers, it is a good time to buy while interest rate remain low.

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

NEW ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
1003 CATHCART WAY 243 Stanford	$1,395,000 1/28/2012	3	2	0	1,883
529 MAYBELL AVENUE 232 Barron Park	$1,650,000 1/25/2012	4	3	0	2,156
3370 PARK BOULEVARD 235 Ventura	$508,888 1/25/2012	1	1	0	928
510 WASHINGTON AVENUE 237 Old Palo Alto	$3,850,000 1/25/2012	4	4	0	3,050
3180 MORRIS DRIVE 233 South Palo Alto	$1,098,000 1/25/2012	3	2	0	1,082
445 GUINDA STREET 239 Crescent Park	$1,195,000 1/25/2012	2	1	0	1,106
3188 STELLING DRIVE 233 South Palo Alto	$1,175,000 1/25/2012	3	2	0	1,280
3245 BRYANT STREET 234 Midtown	$1,798,000 1/25/2012	5	3	0	2,325
1545 ALMA STREET 237 Old Palo Alto	$1,499,000 1/24/2012	2	2	1	1,782
4217 MANUELA AVENUE 230 Palo Alto Hills	$3,195,000 1/23/2012	5	4	1	3,300

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3858 MAGNOLIA DRIVE 232 Barron Park	$1,849,000 1/19/2012	N/A 1/25/2012	4	2	1	2,217	2/15/2012
2340 DARTMOUTH STREET 236 College	$2,795,000 1/19/2012	N/A 1/26/2012	6	4	0	3,926	2/2/2012
3500 Emma COURT 232 Barron Park	$2,250,000 1/19/2012	N/A 1/23/2012	4	3	1	2,523	2/21/2012
715 SEMINOLE WAY 233 South Palo Alto	$1,085,000 1/18/2012	N/A 1/25/2012	3	2	0	1,424	2/14/2012
812 LINCOLN AVENUE 240 Community Center	$1,599,000 1/17/2012	N/A 1/27/2012	4	1	1	1,424	2/3/2012
3743 REDWOOD CIRCLE 233 South Palo Alto	$1,149,000 1/12/2012	N/A 1/23/2012	3	2	0	1,488	2/22/2012
1236 COLLEGE AVENUE 236 College	$2,795,000 1/12/2012	N/A 1/19/2012	5	4	2	3,820	2/15/2012
651 EAST MEADOW DRIVE 234 Midtown	$1,267,000 1/10/2012	N/A 1/26/2012	5	3	0	2,438	3/1/2012

CLOSED ESCROW LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
185 WALTER HAYS DRIVE 238 Green Gables	$1,398,000 1/12/2012	$1,655,000 1/19/2012	3	2	0	1,446	1/25/2012
769 ROSEWOOD DRIVE 234 Midtown	$1,050,000 1/7/2012	$1,515,000 1/11/2012	2	2	0	1,186	1/20/2012
971 MADDUX DRIVE 233 South Palo Alto	$1,195,000 12/9/2011	$1,361,000 12/23/2011	4	2	0	1,304	1/24/2012
2767 GREER ROAD 233 South Palo Alto	$1,150,000 11/16/2011	$1,192,433 12/12/2011	3	2	0	1,327	12/20/2011
434 FULTON STREET 239 Crescent Park	$995,000 11/15/2011	$950,000 11/30/2011	2	1	0	1,224	1/13/2012
3905 PAGE MILL ROAD 230 Palo Alto Hills	$1,498,000 8/1/2011	$1,450,000 10/7/2011	5	4	1	3,600	1/24/2012