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

We had 13 active listings of single family homes in Palo Alto last week as oppose to 19 listings the week before. 12 houses changed status to pending as oppose to 15 the week before and 7 listings closed escrow as oppose to 8 the week before.

Please note that all listings sold above the asking price but two listings.

The market remains a seller market.

Following is the detailed market activity for Palo Alto:

Active13

Canceled1

Pending12

Sold7

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
3455 PARK BOULEVARD 235 Ventura	$1,199,000 9/20/2012	4	4	3	1,992
939 OREGON AVENUE 238 Green Gables	$1,195,000 9/20/2012	3	2	0	1,386
3045 SOUTH COURT 234 Midtown	$2,850,000 9/20/2012	5	5	1	4,000
3179 BRYANT STREET 234 Midtown	$1,698,000 9/20/2012	4	2	0	2,162
901 VAN AUKEN CIRCLE 233 South Palo Alto	$1,549,000 9/19/2012	3	2	0	1,481
727 ADDISON AVENUE 240 Community Center	$2,995,000 9/19/2012	4	3	0	2,614
2073 PRINCETON STREET 236 College	$2,298,800 9/19/2012	4	3	0	2,342
2342 MIDDLEFIELD ROAD 237 Old Palo Alto	$1,980,000 9/18/2012	4	2	1	2,281
3227 BRYANT STREET 234 Midtown	$1,649,000 9/18/2012	3	2	0	1,727
723 GARLAND DRIVE 238 Green Gables	$1,598,000 9/18/2012	3	1	0	1,394
580 BARRON AVENUE 232 Barron Park	$1,759,000 9/12/2012	4	2	1	2,346
240 WHITCLEM DRIVE 233 South Palo Alto	$889,000 8/27/2012	4	1	1	1,413
2914 SANDRA PLACE 233 South Palo Alto	$2,395,000 8/13/2012	3	2	0	2,012

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3796 REDWOOD CIRCLE 233 South Palo Alto	$1,198,000 9/19/2012	N/A 9/19/2012	3	2	0	1,528	10/24/2012
1070 CERRITO WAY 232 Barron Park	$1,888,000 9/13/2012	N/A 9/20/2012	3	2	1	2,221	10/23/2012
3545 RAMONA STREET 234 Midtown	$1,298,000 9/13/2012	N/A 9/21/2012	3	1	0	1,027	10/16/2012
2125 HIGH STREET 237 Old Palo Alto	$1,098,000 9/13/2012	N/A 9/20/2012	2	1	0	915	10/9/2012
772 SUTTER AVENUE 234 Midtown	$2,499,000 9/13/2012	N/A 9/20/2012	4	3	0	2,618	10/19/2012
365 WEST CHARLESTON ROAD 233 South Palo Alto	$925,000 9/13/2012	N/A 9/21/2012	2	1	1	1,045	10/19/2012
2320 BYRON STREET 237 Old Palo Alto	$2,475,000 9/12/2012	N/A 9/22/2012	3	2	0	1,850	10/26/2012
3436 RAMBOW DRIVE 234 Midtown	$1,799,000 9/12/2012	N/A 9/20/2012	3	2	1	2,125	10/15/2012
3660 RAMONA CIRCLE 233 South Palo Alto	$898,000 9/11/2012	N/A 9/19/2012	3	2	0	1,114	10/17/2012
936 COLONIAL LANE 233 South Palo Alto	$1,999,000 7/18/2012	N/A 9/18/2012	4	3	0	2,717	10/19/2012
25 ERSTWILD COURT 238 Green Gables	$2,349,000 7/12/2012	N/A 9/21/2012	4	3	0	2,264	10/18/2012
674 GEORGIA AVENUE 231 Green Acres	$1,795,000 6/14/2012	N/A 9/21/2012	4	2	0	1,734	10/15/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1170 FIFE AVENUE 240 Community Center	$2,293,000 9/7/2012	$2,560,000 9/11/2012	4	3	0	2,326	9/21/2012
3377 ROSS ROAD 233 South Palo Alto	$998,000 8/8/2012	$1,420,000 8/21/2012	3	1	0	1,320	9/21/2012
910 MATADERO AVENUE 232 Barron Park	$2,600,000 7/26/2012	$2,500,000 8/22/2012	4	3	0	2,843	9/18/2012
564 SANTA RITA AVENUE 237 Old Palo Alto	$2,450,000 7/19/2012	$2,275,000 8/17/2012	3	2	0	1,574	9/19/2012
3675 LA CALLE COURT 232 Barron Park	$1,698,000 7/18/2012	$1,750,000 8/18/2012	3	3	1	2,296	9/20/2012
350 WEST MEADOW DRIVE 235 Ventura	$2,198,888 7/4/2012	$2,120,000 9/4/2012	5	5	1	3,260	9/19/2012
1090 MORENO AVENUE 233 South Palo Alto	$1,699,000 6/20/2012	$1,928,000 7/4/2012	4	3	1	2,197	7/30/2012