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

We had 12 active listings of single family homes in Palo Alto last week as oppose to 14 listings the week before. We have 56 total active listings in Palo Alto.  10 houses changed status to pending as oppose to 14 the week before and 6 listings closed escrow as oppose to 7 the week before.

Please note that all 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
12
Canceled
1
Expired
1
Pending
10
Sold
6


ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
2950 ALEXIS DRIVE 230 Palo Alto Hills	$6,985,000 10/11/2012	4	5	3	7,200
869 SEALE AVENUE 238 Green Gables	$2,998,000 10/11/2012	5	4	0	2,677
1246 PITMAN AVENUE 239 Crescent Park	$2,200,000 10/11/2012	3	2	0	1,872
674 ARASTRADERO ROAD 231 Green Acres	$1,548,000 10/11/2012	4	3	1	2,408
220 RINCONADA AVENUE 237 Old Palo Alto	$1,995,000 10/11/2012	2	2	0	1,739
3831 LOUIS ROAD 233 South Palo Alto	$1,488,000 10/10/2012	3	2	0	1,421
4104 PARK BOULEVARD 233 South Palo Alto	$1,298,800 10/10/2012	3	2	0	1,536
310 MACLANE STREET 235 Ventura	$998,000 10/10/2012	3	1	0	1,050
1190 HAMILTON AVENUE 240 Community Center	$2,997,700 10/10/2012	3	3	1	1,920
3140 MORRIS DRIVE 233 South Palo Alto	$1,395,000 10/10/2012	4	2	0	1,662
4198 KING ARTHUR COURT 231 Green Acres	$1,498,000 10/10/2012	4	4	0	2,370
3284 RAMONA STREET 234 Midtown	$1,499,000 10/9/2012	3	2	0	1,601

PENDING LISTINGS:

Address Area	List Price List Date		Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3330 THOMAS DRIVE 233 South Palo Alto	$1,498,000 10/4/2012		N/A 10/11/2012	3	2	0	2,024	10/25/2012
1600 UNIVERSITY AVENUE 239 Crescent Park	$1,295,000 10/3/2012		N/A 10/12/2012	3	2	1	1,687	10/16/2012
1118 HARKER AVENUE 240 Community Center	$2,195,000 10/3/2012		N/A 10/11/2012	4	2	0	2,057	10/22/2012
570 ASHTON AVENUE 234 Midtown	$1,895,000 9/30/2012		N/A 10/13/2012	4	3	0	2,282	11/15/2012
1160 STANLEY WAY 238 Green Gables	$2,549,000 9/27/2012		N/A 10/10/2012	4	3	0	2,594	11/10/2012
528 JACKSON DRIVE 238 Green Gables	$1,695,000 9/27/2012		N/A 10/13/2012	5	3	0	2,140	11/6/2012
430 PEPPER AVENUE 235 Ventura	$899,000 9/27/2012		N/A 10/5/2012	2	1	0	942	11/9/2012
750 SAN CARLOS COURT 234 Midtown	$1,048,000 9/26/2012		N/A 10/9/2012	3	2	0	1,092	11/9/2012
4290 BRIARWOOD WAY 233 South Palo Alto	$1,248,000 8/29/2012		N/A 10/11/2012	4	2	0	1,758	11/20/2012
2051 WAVERLEY STREET 237 Old Palo Alto	$10,250,000 5/4/2012		N/A 9/26/2012	5	4	0	2,651	10/25/2012

SOLD LISTINGS:

Address Area List Price List Date  Sale Price Con. Date BR FBA PBA SqFt Close Date 3179 BRYANT STREET 234 Midtown $1,698,000 9/20/2012 $2,050,000 9/26/2012 4 2 0 2,162 10/10/2012 3436 RAMBOW DRIVE 234 Midtown $1,799,000 9/12/2012 $2,195,000 9/20/2012 3 2 1 2,125 10/10/2012 738 TORREYA COURT 233 South Palo Alto $1,598,000 9/5/2012 $1,620,000 9/14/2012 4 2 0 2,096 10/12/2012 2672 MARSHALL DRIVE 233 South Palo Alto $2,195,000 9/5/2012 $2,416,000 9/14/2012 4 3 0 2,862 10/4/2012 781 ENCINA GRANDE DRIVE 232 Barron Park $1,488,000 8/23/2012 $1,643,000 8/30/2012 4 3 0 1,840 10/10/2012 674 GEORGIA AVENUE 231 Green Acres $1,795,000 6/14/2012 $1,795,000 9/21/2012 4 2 0 1,734 10/12/2012