WEEK IN REVIEW: ACTIVE NEW LISTINGS, PENDING AND SOLD LISTINGS IN MENLO PARK

We had 10 new single family homes listed last week as oppose to 18 the week before. 7 listings changed status to pending as oppose to 10 the week before and 8 listings closed escrow as oppose to 11 listings the week before . Our inventory is getting better with 55 active listings in Menlo Park.

It is still a seller market and an opportune time to sell your home before the increase in capital gain that is expected in 2013.

Following is the detail of the market activity in Menlo Park for last week:

Active 10 Canceled 2 Pending 7 Sold 8 Withdrawn 1

ACTIVE NEW LISTINGS:

		Address Area	List Price List Date	BR	FBA	SqFt
		529 POPE STREET 308 Willows / O'Conner Area	$1,675,000 7/20/2012	3	2	1,875
		208 WILLOW ROAD 308 Willows / O'Conner Area	$848,000 7/20/2012	3	1	1,150
		1110 BIEBER AVENUE 310 East of U.S. 101	$549,000 7/19/2012	4	3	2,350
		916 HERMOSA WAY 303 Central Menlo	$3,565,000 7/19/2012	5	3	3,300
		341 Terminal AVENUE 310 East of U.S. 101	$599,950 7/17/2012	3	1	910
		108 Clover LANE 308 Willows / O'Conner Area	$1,198,000 7/16/2012	3	2	1,540
		3358 ALAMEDA DE LAS PULGAS 302 County / Alameda Area	$1,198,000 7/16/2012	3	2	1,500
		1485 SANTA CRUZ AVENUE 303 Central Menlo	$1,495,000 7/16/2012	3	2	1,810
		272 SANTA MARGARITA AVENUE 307 Menlo Oaks Area	$1,499,000 7/16/2012	3	2	1,545
		1304 CARLTON AVENUE 310 East of U.S. 101	$449,950 6/28/2012	3	2	1,140

PENDING LISTINGS:

	Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
	1199 ORANGE AVENUE 302 County / Alameda Area	$1,325,000 7/9/2012	N/A 7/19/2012	4	2	0	1,450	8/10/2012
	1 BRADY PLACE 307 Menlo Oaks Area	$2,595,000 6/24/2012	N/A 7/20/2012	4	3	0	2,960	8/8/2012
	996 ALTSCHUL AVENUE 301 Sharon Heights / Stanford Hills	$1,985,000 6/24/2012	N/A 7/2/2012	4	4	0	3,060	8/7/2012
	40 BISHOP OAK COURT 300 Alpine Road Area	$2,298,000 6/18/2012	N/A 7/21/2012	4	3	1	3,211	8/14/2012
	1332 AMERICAN WAY 302 County / Alameda Area	$1,249,000 6/10/2012	N/A 7/18/2012	2	2	0	1,514	7/27/2012
	301 VINE STREET 302 County / Alameda Area	$1,795,000 5/2/2012	N/A 6/29/2012	3	2	1	2,460	7/31/2012
	1158 WINDSOR WAY 303 Central Menlo	$2,650,000 2/3/2012	N/A 7/17/2012	3	2	2	3,020	8/30/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
385 SANTA MONICA AVENUE 307 Menlo Oaks Area	$2,625,000 6/8/2012	$2,750,000 6/21/2012	4	3	1	3,090	7/17/2012
180 STANFORD AVENUE 302 County / Alameda Area	$1,395,000 5/24/2012	$1,300,000 7/18/2012	2	1	0	1,667	7/21/2012
1275 WOODLAND AVENUE 308 Willows / O'Conner Area	$860,000 5/14/2012	$1,005,000 5/21/2012	4	2	0	1,500	7/19/2012
1397 WOODLAND AVENUE 308 Willows / O'Conner Area	$1,198,000 5/14/2012	$1,180,000 6/6/2012	3	2	0	1,530	7/10/2012
448 FALK COURT 308 Willows / O'Conner Area	$1,249,000 5/14/2012	$1,249,000 6/9/2012	3	2	0	1,540	7/16/2012
552 ENCINA AVENUE 311 County Area / Fair Oaks Ave	$1,388,883 5/10/2012	$1,388,883 6/15/2012	3	2	0	2,055	7/16/2012
665 CAMBRIDGE AVENUE 304 Allied Arts / Downtown	$2,795,000 5/6/2012	$2,700,000 5/19/2012	5	4	0	2,784	7/20/2012
1077 DEL NORTE AVENUE 309 Flood Park Area	$1,139,000 4/26/2012	$1,080,000 6/12/2012	3	2	0	2,080	7/16/2012