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

We had 32 new listings of  single family homes last week in Palo Alto as oppose to 6 new listings  the week before. The total active listings of single family homes on the MLS  is now 65as oppose to 43the week before. 
6 listings changed status to pending as oppose to 8 last week and 11 closed escrow this week as oppose to 10 listings the previous week.
Please note that 6  listings sold above asking price and 5 listings sold below the asking price.

If you are planning to sell your home it is still an opportune time to sell.

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

Active	32
Canceled	1
Pending	6
Sold	11
Withdrawn	2

ACTIVE LISTINGS:

Address Area	List Price List Date		BR	BA	SQFT
3466 RAMBOW DRIVE 234 Midtown	$2,388,000 7/8/2012		4	3	2,438
219 MATADERO AVENUE 235 Ventura	$1,595,000 5/29/2012		4	3	2,350
4029 ARBOL DRIVE 232 Barron Park	$1,300,000 7/14/2012		5	3		2,074
746 TORREYA COURT 233 South Palo Alto	$1,998,000 7/14/2012		4	2		2,008
652 GLENBROOK DRIVE 231 Green Acres	$1,595,000 7/13/2012		3	2		1,975
2131 AMHERST STREET 236 College	$1,999,000 7/12/2012		4	2		1,542
129 LOWELL AVENUE 237 Old Palo Alto	$2,195,000 7/12/2012		4	2		2,641
25 ERSTWILD COURT 238 Green Gables	$2,495,000 7/12/2012		4	3		2,264
460 PEPPER AVENUE 235 Ventura	$1,549,000 7/12/2012		4	3		2,338
4237 MACKAY DRIVE 233 South Palo Alto	$1,295,000 7/12/2012		3	2		1,298
2471 RAMONA STREET 234 Midtown	$1,995,000 7/12/2012		4	3		2,565
1669 MARIPOSA AVENUE 236 College	$1,325,000 7/12/2012		2	1		1,196
4277 PARK BOULEVARD 233 South Palo Alto	$1,150,000 7/11/2012		4	2		1,496
985 ELSINORE DRIVE 238 Green Gables	$1,499,000 7/11/2012		4	2		1,708
4271 SUZANNE DRIVE 231 Green Acres	$1,799,500 7/11/2012		4	3		2,606
3890 LOUIS ROAD 233 South Palo Alto	$1,298,000 7/11/2012		3	2		1,421
1061 Fife AVENUE 240 Community Center	$4,295,000 7/11/2012		5	4		3,976
228 RINCONADA AVENUE 237 Old Palo Alto	$2,795,000 7/11/2012		4	2		2,571
326 IRIS WAY 238 Green Gables	$1,698,000 7/11/2012		4	2		1,882
3493 GREER ROAD 233 South Palo Alto	$1,998,000 7/11/2012		5	3		3,804
4155 OLD TRACE COURT 230 Palo Alto Hills	$6,795,000 7/11/2012		5	5		6,500
819 OREGON AVENUE 238 Green Gables	$1,395,000 7/11/2012		4	2		1,866
221 NEVADA AVENUE 237 Old Palo Alto	$1,195,000 7/11/2012		2	1		1,078
193 WAVERLEY STREET 242 Downtown Palo Alto	$1,388,000 7/11/2012		3	2		1,833
517 GREER ROAD 238 Green Gables	$1,299,000 7/11/2012		3	2		1,411
750 SEALE AVENUE 238 Green Gables	$4,999,000 7/11/2012		6	5		5,298
755 STONE LANE 233 South Palo Alto	$2,135,000 7/11/2012		4	3		2,532
3717 STARR KING CIRCLE 233 South Palo Alto	$1,275,000 7/11/2012		4	2		1,685
3805 CARLSON COURT 233 South Palo Alto	$1,275,000 7/9/2012		3	2		1,382
308 LINCOLN AVENUE 241 Professorville	$2,800,000 7/9/2012		5	3		2,440
2660 RAMONA STREET 234 Midtown	$1,375,000 7/8/2012		3	3		1,853
2795 WAVERLEY STREET 234 Midtown	$1,300,000 7/8/2012		3	1		1,364

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
4338 SILVA AVENUE 233 South Palo Alto	$1,125,000 7/5/2012	N/A 7/13/2012	3	1	0	1,409	8/6/2012
2291 SOUTH COURT 237 Old Palo Alto	$2,695,000 6/28/2012	N/A 7/10/2012	4	4	0	3,000	7/31/2012
1840 HAMILTON AVENUE 238 Green Gables	$1,875,000 6/24/2012	N/A 7/15/2012	5	3	0	2,627	8/27/2012
738 HOMER AVENUE 240 Community Center	$799,000 5/30/2012	N/A 7/13/2012	2	1	0	660	8/28/2012
387 ELY PLACE 233 South Palo Alto	$2,498,000 5/17/2012	N/A 7/11/2012	3	3	1	2,588	7/24/2012
249 LOWELL AVENUE 237 Old Palo Alto	$4,900,000 5/2/2012	N/A 6/27/2012	4	3	1	4,015	7/27/2012

Sold Listings:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
863 MORENO AVENUE 233 South Palo Alto	$1,449,000 6/13/2012	$1,576,000 6/21/2012	4	3	0	1,970	7/6/2012
1302 GREENWOOD AVENUE 240 Community Center	$2,198,000 6/11/2012	$2,750,000 6/22/2012	3	2	0	1,751	7/6/2012
2255 RAMONA STREET 237 Old Palo Alto	$2,080,000 6/1/2012	$2,200,000 6/12/2012	4	3	0	1,942	7/9/2012
806 LOS ROBLES AVENUE 232 Barron Park	$1,098,000 5/30/2012	$1,200,000 5/31/2012	2	2	0	1,316	7/13/2012
3760 WRIGHT PLACE 233 South Palo Alto	$1,525,000 5/17/2012	$1,450,000 6/14/2012	4	2	1	1,592	7/13/2012
446 RUTHVEN AVENUE 242 Downtown Palo Alto	$2,488,000 5/15/2012	$2,488,000 6/10/2012	4	3	0	1,889	7/11/2012
760 MATADERO AVENUE 232 Barron Park	$1,880,000 5/10/2012	$1,820,000 6/25/2012	4	3	0	2,128	7/6/2012
450 EL ESCARPADO 243 Stanford	$3,350,000 5/9/2012	$3,250,000 6/22/2012	7	4	2	4,188	7/13/2012
863 WARREN WAY 233 South Palo Alto	$1,495,000 5/3/2012	$1,495,000 5/30/2012	3	2	0	1,868	6/29/2012
3187 ALEXIS DRIVE 230 Palo Alto Hills	$4,395,000 4/20/2012	$4,200,000 6/19/2012	4	3	1	5,475	7/13/2012
4217 MANUELA AVENUE 230 Palo Alto Hills	$3,195,000 1/23/2012	$3,000,000 2/19/2012	5	4	1	3,300	6/29/2012