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 12 listings the week before. 19 houses changed status to pending as oppose to 10 the week before and 14 listings closed escrow as oppose to 6 the week before.

Please note that 14 listings sold at or above the asking price.

The market remains a seller market, We are still having multiple offers on many listings in Palo Alto.

Following is the detailed market activity for Palo Alto:

Active	13
Canceled	1
Expired	1
Pending	19
Sold	14
Withdrawn	1

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
558 LINCOLN AVENUE 241 Professorville	$3,195,000 10/20/2012	5	3	1	3,242
355 SAN ANTONIO AVENUE 233 South Palo Alto	$1,788,000 10/19/2012	4	4	1	2,622
3503 EMMA COURT 232 Barron Park	$2,650,000 10/18/2012	5	3	1	2,650
3501 EMMA COURT 232 Barron Park	$2,450,000 10/18/2012	4	3	0	2,430
445 MAPLE STREET 239 Crescent Park	$2,499,000 10/18/2012	3	2	1	2,203
2911 SIMKINS COURT 233 South Palo Alto	$1,895,000 10/18/2012	5	5	2	3,138
1623 ESCOBITA AVENUE 236 College	$2,175,000 10/18/2012	5	3	0	2,493
2461 RAMONA STREET 234 Midtown	$1,629,000 10/18/2012	3	2	0	1,883
4134 SUTHERLAND DRIVE 233 South Palo Alto	$1,228,000 10/17/2012	4	2	0	1,526
660 KINGSLEY AVENUE 241 Professorville	$2,995,000 10/17/2012	4	3	1	3,000
4151 AMARANTA AVENUE 232 Barron Park	$2,295,000 10/16/2012	5	3	0	2,781
3340 ROSS ROAD 233 South Palo Alto	$1,399,000 10/16/2012	3	2	0	1,838
1820 BRYANT STREET 237 Old Palo Alto	$3,850,000 10/15/2012	5	4	1	3,487

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1246 PITMAN AVENUE 239 Crescent Park	$2,200,000 10/11/2012	N/A 10/18/2012	3	2	0	1,872	11/18/2012
869 SEALE AVENUE 238 Green Gables	$2,998,000 10/11/2012	N/A 10/18/2012	5	4	0	2,677	10/29/2012
674 ARASTRADERO ROAD 231 Green Acres	$1,548,000 10/11/2012	N/A 10/18/2012	4	3	1	2,408	11/8/2012
220 RINCONADA AVENUE 237 Old Palo Alto	$1,995,000 10/11/2012	N/A 10/18/2012	2	2	0	1,739	10/26/2012
4104 PARK BOULEVARD 233 South Palo Alto	$1,298,800 10/10/2012	N/A 10/17/2012	3	2	0	1,536	11/23/2012
4198 KING ARTHUR COURT 231 Green Acres	$1,498,000 10/10/2012	N/A 10/21/2012	4	4	0	2,370	11/20/2012
3140 MORRIS DRIVE 233 South Palo Alto	$1,395,000 10/10/2012	N/A 10/18/2012	4	2	0	1,662	11/16/2012
220 CHESTNUT AVENUE 235 Ventura	$998,000 10/4/2012	N/A 10/18/2012	2	1	0	816	11/16/2012
381 LINCOLN AVENUE 241 Professorville	$2,398,000 10/4/2012	N/A 10/19/2012	4	2	2	2,238	11/1/2012
1466 DANA AVENUE 239 Crescent Park	$2,998,000 9/27/2012	N/A 10/14/2012	4	3	0	3,074	12/14/2012
324 CHANNING AVENUE 242 Downtown Palo Alto	$1,698,000 9/27/2012	N/A 10/5/2012	3	2	1	1,782	11/7/2012
901 VAN AUKEN CIRCLE 233 South Palo Alto	$1,398,000 9/19/2012	N/A 10/18/2012	3	2	0	1,481	11/19/2012
365 WEST CHARLESTON ROAD 233 South Palo Alto	$925,000 9/13/2012	N/A 10/16/2012	2	1	1	1,045	11/7/2012
3556 MIDDLEFIELD ROAD 234 Midtown	$1,350,000 9/11/2012	N/A 10/16/2012	3	2	0	1,576	11/15/2012
750 HOMER AVENUE 240 Community Center	$1,099,000 9/6/2012	N/A 10/16/2012	2	1	0	1,057	11/14/2012
3751 CORINA WAY 233 South Palo Alto	$1,349,000 9/5/2012	N/A 10/19/2012	4	2	0	1,727	11/20/2012
4214 JUNIPER LANE 233 South Palo Alto	$1,585,000 8/22/2012	N/A 10/17/2012	4	3	1	2,873	11/15/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1600 UNIVERSITY AVENUE 239 Crescent Park	$1,295,000 10/3/2012	$1,820,000 10/12/2012	3	2	1	1,687	10/16/2012
281 CHESTNUT AVENUE 235 Ventura	$998,000 9/27/2012	$1,099,000 10/5/2012	3	2	0	1,298	10/19/2012
2050 DARTMOUTH STREET 236 College	$2,350,000 9/26/2012	$2,705,000 10/4/2012	5	4	0	2,991	10/17/2012
744 PALO ALTO AVENUE 239 Crescent Park	$799,000 9/26/2012	$840,000 10/2/2012	2	1	0	890	10/16/2012
727 ADDISON AVENUE 240 Community Center	$2,995,000 9/19/2012	$3,350,000 9/30/2012	4	3	0	2,614	10/12/2012
3660 RAMONA CIRCLE 233 South Palo Alto	$898,000 9/11/2012	$1,125,000 9/19/2012	3	2	0	1,114	10/17/2012
1539 MARIPOSA AVENUE 236 College	$1,195,000 9/6/2012	$1,195,000 9/16/2012	2	2	0	1,333	10/18/2012
884 COLORADO AVENUE 233 South Palo Alto	$1,699,000 9/5/2012	$1,981,000 9/14/2012	4	2	0	2,600	10/17/2012
922 LATHROP PLACE 243 Stanford	$1,855,000 8/24/2012	$1,845,000 9/14/2012	5	3	0	2,887	10/18/2012
1125 NEWELL ROAD 238 Green Gables	$1,395,000 8/20/2012	$1,570,000 9/6/2012	3	2	0	1,394	10/18/2012
3239 MADDUX DRIVE 233 South Palo Alto	$899,000 7/21/2012	$870,000 8/11/2012	3	1	0	1,014	10/5/2012
171 COWPER STREET 242 Downtown Palo Alto	$2,850,000 7/18/2012	$2,600,000 10/6/2012	5	4	1	3,118	10/19/2012
25 ERSTWILD COURT 238 Green Gables	$2,349,000 7/12/2012	$2,300,000 9/21/2012	4	3	0	2,264	10/18/2012
2131 AMHERST STREET 236 College	$1,749,000 7/12/2012	$1,605,000 10/1/2012	4	2	1	1,542	10/16/2012