We had only 3 new listings this week in Menlo Park as oppose to 8 listings the week before.
7 listings changed status to pending as oppose to 6 the week before and 15 closed escrow the same as as oppose to 10 the week before.
The market still a seller market, 9 of the listings that closed escrow this past week sold at or above the asking price.
Following is the market activity for the last week:
ACTIVE : 3
PENDING : 7
SOLD : 15
ACTIVE LISTINGS:
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