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

We had 15 new listings of  single family homes last week in Palo Alto as oppose to 32 new listings  the week before. The total active listings of single family homes on the MLS  is now 65as oppose to 43the week before. 
24 listings changed status to pending as oppose to 6 last week and 10 closed escrow this week as oppose to 11 listings the previous week.


Please note that 7  listings sold above asking price, 2 listings sold below the asking price and one listing sale price was not disclosed.

If you are planning to sell your home it is still an opportune time to sell before the capital gain rate goes up as expected by the end of 2012.

Following is the detail of the market activity in Palo Alto for last week:

Active	15
Canceled	3
Pending	24
Sold	10
Withdrawn	1

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
2330 EMERSON STREET 237 Old Palo Alto	$1,695,000 7/22/2012	3	2	0	1,692
3239 MADDUX DRIVE 233 South Palo Alto	$899,000 7/21/2012	3	1	0	1,014
3541 EMERSON STREET 234 Midtown	$1,195,000 7/21/2012	3	1	0	1,027
999 LOMA VERDE AVENUE 233 South Palo Alto	$1,488,000 7/19/2012	4	3	0	1,865
564 SANTA RITA AVENUE 237 Old Palo Alto	$1,999,998 7/19/2012	3	2	0	1,574
3817 MAGNOLIA DRIVE 232 Barron Park	$1,600,000 7/19/2012	4	2	1	2,204
1621 EL CAMINO REAL 236 College	$1,495,000 7/19/2012	4	2	1	1,613
580 BARRON AVENUE 232 Barron Park	$1,895,000 7/19/2012	4	2	1	2,346
235 FERNE AVENUE 233 South Palo Alto	$1,698,000 7/19/2012	4	2	0	1,978
4148 BAKER AVENUE 232 Barron Park	$2,295,000 7/18/2012	5	4	0	2,679
366 GEORGE HOOD LANE 233 South Palo Alto	$1,795,000 7/18/2012	4	2	1	2,559
3173 ALEXIS DRIVE 230 Palo Alto Hills	$3,590,000 7/18/2012	3	3	1	4,322
3675 LA CALLE COURT 232 Barron Park	$1,698,000 7/18/2012	3	3	1	2,296
936 COLONIAL LANE 233 South Palo Alto	$2,550,888 7/18/2012	4	3	0	2,717
171 COWPER STREET 242 Downtown Palo Alto	$2,850,000 7/18/2012	5	4	1	3,118

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1981 MIDDLEFIELD ROAD 238 Green Gables	$1,295,000 7/18/2012	N/A 7/21/2012	2	1	0	1,295	7/27/2012
4029 ARBOL DRIVE 232 Barron Park	$1,300,000 7/14/2012	N/A 7/16/2012	5	3	0	2,074	8/30/2012
129 LOWELL AVENUE 237 Old Palo Alto	$2,195,000 7/12/2012	N/A 7/19/2012	4	2	1	2,641	8/9/2012
25 ERSTWILD COURT 238 Green Gables	$2,495,000 7/12/2012	N/A 7/21/2012	4	3	0	2,264	8/9/2012
1669 MARIPOSA AVENUE 236 College	$1,325,000 7/12/2012	N/A 7/19/2012	2	1	0	1,196	7/31/2012
2471 RAMONA STREET 234 Midtown	$1,995,000 7/12/2012	N/A 7/16/2012	4	3	0	2,565	8/6/2012
4271 SUZANNE DRIVE 231 Green Acres	$1,799,500 7/11/2012	N/A 7/19/2012	4	3	0	2,606	8/2/2012
750 SEALE AVENUE 238 Green Gables	$4,999,000 7/11/2012	N/A 7/20/2012	6	5	0	5,298	8/9/2012
517 GREER ROAD 238 Green Gables	$1,299,000 7/11/2012	N/A 7/19/2012	3	2	0	1,411	8/20/2012
3890 LOUIS ROAD 233 South Palo Alto	$1,298,000 7/11/2012	N/A 7/19/2012	3	2	0	1,421	8/21/2012
1061 Fife AVENUE 240 Community Center	$4,295,000 7/11/2012	N/A 7/19/2012	5	4	1	3,976	8/17/2012
985 ELSINORE DRIVE 238 Green Gables	$1,499,000 7/11/2012	N/A 7/19/2012	4	2	0	1,708	8/16/2012
221 NEVADA AVENUE 237 Old Palo Alto	$1,195,000 7/11/2012	N/A 7/19/2012	2	1	0	1,078	7/26/2012
819 OREGON AVENUE 238 Green Gables	$1,395,000 7/11/2012	N/A 7/19/2012	4	2	0	1,866	8/17/2012
193 WAVERLEY STREET 242 Downtown Palo Alto	$1,388,000 7/11/2012	N/A 7/20/2012	3	2	0	1,833	7/27/2012
326 IRIS WAY 238 Green Gables	$1,698,000 7/11/2012	N/A 7/19/2012	4	2	0	1,882	8/7/2012
3805 CARLSON COURT 233 South Palo Alto	$1,275,000 7/9/2012	N/A 7/19/2012	3	2	0	1,382	8/17/2012
2795 WAVERLEY STREET 234 Midtown	$1,300,000 7/8/2012	N/A 7/19/2012	3	1	0	1,364	8/7/2012
2660 RAMONA STREET 234 Midtown	$1,375,000 7/8/2012	N/A 7/18/2012	3	3	0	1,853	8/2/2012
3466 RAMBOW DRIVE 234 Midtown	$2,388,000 7/8/2012	N/A 7/18/2012	4	3	2	2,438	7/25/2012
1578 CHANNING AVENUE 238 Green Gables	$1,425,000 6/21/2012	N/A 7/2/2012	3	2	0	1,383	7/27/2012
2273 SAINT FRANCIS DRIVE 238 Green Gables	$1,198,000 6/19/2012	N/A 7/2/2012	3	2	0	1,229	8/2/2012
219 MATADERO AVENUE 235 Ventura	$1,595,000 5/29/2012	N/A 7/19/2012	4	3	0	2,350	8/16/2012
4250 POMONA AVENUE 231 Green Acres	$1,998,000 5/16/2012	N/A 6/28/2012	6	4	0	3,140	7/27/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1353 MARTIN AVENUE 239 Crescent Park	$2,995,000 6/28/2012	$3,400,000 7/7/2012	6	4	0	3,153	7/19/2012
1054 ARROWHEAD WAY 233 South Palo Alto	$1,279,000 6/21/2012	$1,280,000 6/29/2012	3	2	0	1,640	7/20/2012
2570 WEBSTER STREET 234 Midtown	$1,498,000 6/20/2012	$1,690,000 6/28/2012	3	1	0	1,258	7/17/2012
399 MARGARITA AVENUE 235 Ventura	$1,098,000 6/8/2012	$1,135,000 6/13/2012	3	1	0	1,245	7/13/2012
2768 GREER ROAD 233 South Palo Alto	$1,398,000 6/6/2012	$1,545,000 6/15/2012	4	2	0	1,496	7/14/2012
3834 CORINA WAY 233 South Palo Alto	$1,100,000 6/5/2012	$1,326,000 6/16/2012	3	2	0	1,421	7/17/2012
467 GARY COURT 234 Midtown	$2,348,000 5/16/2012	$2,305,000 6/25/2012	4	4	1	2,552	7/13/2012
3544 EMERSON STREET 234 Midtown	$1,365,000 5/10/2012	$1,348,000 6/10/2012	4	2	0	1,886	7/6/2012
2040 AMHERST STREET 236 College	$1,199,000 4/30/2012	$1,365,000 5/16/2012	2	1	0	1,167	6/15/2012
2275 AMHERST STREET 236 College	$2,995,000 4/24/2012	N/A 6/19/2012	7	3	1	3,162	7/17/2012