01 October, 2012

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


We had 20 new listings of single family homes in Menlo Park last week as oppose to 17 listings the week before.The selling activity remains  strong with 21 houses changed status to pending as oppose to 17 the week before and 11 listings closed escrow last week as oppose to 10 listings the week before. The market still a seller market, 8 of the 11 listings that closed escrow this past week sold at or above the asking price.

Following is the market activity for the last week:
Active20
Canceled1
Expired1
Pending21
Sold11


ACTIVE LISTINGS:
Address
Area
3
2
1
4
3
0
3
1
0
2
1
0
4
2
0
3
2
0
2
2
0
3
2
0
3
2
0
4
3
0
2
1
0
3
2
0
5
4
1
3
2
0
4
2
1
4
4
0
3
2
0
2
1
0
3
1
1
2
1
0


PENDING LISTINGS:

Address
Area
3
2
1
0
0
0
2
1
0
4
3
0
2
1
0
3
1
0
2
1
0
4
3
0
3
2
0
4
3
1
3
2
1
4
3
0
2
1
0
4
3
0
3
2
0
3
2
0
6
4
0
3
3
0
3
2
0
3
2
0
3
2
0

SOLD LISTINGS:

Address
Area
4
3
1
4
3
1
4
3
0
4
3
0
2
1
0
2
1
0
3
2
0
3
2
0
5
3
0
5
3
1
3
3
0


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