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

We had only 2 new listings of single family home in Palo Alto  the past week because Labor Day weekend. 10 houses changed status to pending as oppose to 11 the week before and 12 listings closed escrow with 6 closing escrow at above the asking price,as oppose to 8 the week before. I expect that we will have a boost to our listing inventory this coming week.

The market remains a seller market.

Following is the detailed market activity for Palo Alto:

Active	2
Canceled	1
Pending	10
Sold	12
Withdrawn	3

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	SqFt
4290 BRIARWOOD WAY 233 South Palo Alto	$1,289,000 8/29/2012	4	2	1,758
405 MARLOWE STREET 239 Crescent Park	$2,595,000 8/29/2012	4	3	3,108

PENDING LISTINGS:

Address Area List Price List Date  Sale Price Con. Date BR FBA PBA SqFt Close Date 1474 KINGS LANE 239 Crescent Park $1,998,000 8/23/2012 N/A 8/31/2012 4 2 1 2,240 9/6/2012 781 ENCINA GRANDE DRIVE 232 Barron Park $1,488,000 8/23/2012 N/A 8/30/2012 4 3 0 1,840 10/3/2012 1684 CHANNING AVENUE 238 Green Gables $1,398,000 8/23/2012 N/A 8/30/2012 3 2 0 1,383 9/24/2012 3293 SOUTH COURT 234 Midtown $1,838,888 8/23/2012 N/A 8/29/2012 4 2 1 2,126 9/28/2012 590 MILITARY WAY 232 Barron Park $2,495,000 8/23/2012 N/A 8/28/2012 5 3 1 3,594 9/5/2012 3444 ASHTON COURT 234 Midtown $1,150,000 8/23/2012 N/A 8/31/2012 2 1 0 925 9/12/2012 4037 SUTHERLAND DRIVE 233 South Palo Alto $1,412,600 8/15/2012 N/A 8/30/2012 4 2 0 1,497 9/28/2012 567 KENDALL AVENUE 232 Barron Park $1,139,000 8/13/2012 N/A 8/31/2012 2 1 0 1,345 9/13/2012 4303 MIRANDA AVENUE 230 Palo Alto Hills $1,250,000 8/2/2012 N/A 8/30/2012 3 1 0 1,600 10/29/2012 308 LINCOLN AVENUE 241 Professorville $2,800,000 7/9/2012 N/A 7/30/2012 5 3 0 2,440 9/13/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
2330 EMERSON STREET 237 Old Palo Alto	$1,695,000 7/22/2012	$1,920,000 7/30/2012	3	2	0	1,692	8/29/2012
999 LOMA VERDE AVENUE 233 South Palo Alto	$1,488,000 7/19/2012	$1,600,000 7/28/2012	4	3	0	1,865	8/29/2012
746 TORREYA COURT 233 South Palo Alto	$1,998,000 7/14/2012	$2,125,000 7/26/2012	4	2	1	2,008	8/29/2012
652 GLENBROOK DRIVE 231 Green Acres	$1,595,000 7/13/2012	$1,810,000 7/25/2012	3	2	0	1,975	8/24/2012
460 PEPPER AVENUE 235 Ventura	$1,549,000 7/12/2012	$1,574,100 7/26/2012	4	3	0	2,338	8/29/2012
3890 LOUIS ROAD 233 South Palo Alto	$1,298,000 7/11/2012	$1,470,000 7/19/2012	3	2	0	1,421	8/21/2012
2795 WAVERLEY STREET 234 Midtown	$1,300,000 7/8/2012	$1,330,000 7/19/2012	3	1	0	1,364	8/7/2012
3863 ROSS ROAD 233 South Palo Alto	$1,421,000 6/28/2012	$1,400,000 7/24/2012	3	2	0	1,573	8/30/2012
521 LOWELL AVENUE 237 Old Palo Alto	$4,269,000 6/20/2012	$3,925,000 8/3/2012	5	4	1	3,782	8/29/2012
765 MORENO AVENUE 234 Midtown	$2,575,000 6/19/2012	$2,549,000 7/27/2012	4	3	1	3,114	8/30/2012
633 COLERIDGE AVENUE 237 Old Palo Alto	$1,888,000 6/6/2012	$1,720,000 8/1/2012	4	4	0	2,235	8/31/2012
219 MATADERO AVENUE 235 Ventura	$1,595,000 5/29/2012	$1,625,000 7/19/2012	4	3	0	2,350	8/24/2012