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

We had only 4 new listings of single family homes in Palo Alto last week as oppose to 5 listings the week before. 9 houses changed status to pending as oppose to 10 the week before and 13 listings closed escrow as oppose to 19 the week before.

Please note that all listings sold at or above the asking price but 4.

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  :   4
Pending :  9
Sold      : 19

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
167 HAWTHORNE AVENUE 242 Downtown Palo Alto	$1,795,000 11/25/2012	3	2	1	1,976
340 EL VERANO AVENUE 234 Midtown	$1,050,000 11/24/2012	3	1	0	1,137
1040 EMERSON STREET 241 Professorville	$1,998,000 9/27/2012	3	2	0	1,877
455 COLERIDGE AVENUE 237 Old Palo Alto	$6,900,000 9/8/2012	4	3	0	3,609

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1235 LINCOLN AVENUE 239 Crescent Park	$1,380,000 11/15/2012	N/A 11/21/2012	2	2	0	1,626	12/21/2012
4183 KING ARTHUR COURT 231 Green Acres	$1,439,000 11/8/2012	N/A 11/19/2012	3	2	0	1,548	12/14/2012
1148 HAMILTON AVENUE 239 Crescent Park	$2,195,000 11/8/2012	N/A 11/24/2012	3	2	1	2,275	12/10/2012
1380 MARTIN AVENUE 239 Crescent Park	$2,650,000 11/6/2012	N/A 11/20/2012	5	3	0	3,155	11/30/2012
1505 COWPER STREET 237 Old Palo Alto	$3,988,000 11/1/2012	N/A 11/9/2012	5	4	1	4,115	12/27/2012
184 PRIMROSE WAY 238 Green Gables	$2,495,000 11/1/2012	N/A 11/9/2012	4	2	1	2,313	12/10/2012
4151 AMARANTA AVENUE 232 Barron Park	$2,295,000 10/16/2012	N/A 11/25/2012	5	3	0	2,781	12/31/2012
999 EMBARCADERO ROAD 238 Green Gables	$1,448,000 9/12/2012	N/A 11/21/2012	4	2	0	2,204	12/21/2012
1960 WEBSTER STREET 237 Old Palo Alto	$4,495,000 8/22/2012	N/A 11/19/2012	4	3	1	3,894	11/28/2012

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
440 OLIVE AVENUE 235 Ventura	$1,988,000 10/29/2012	$2,300,000 11/15/2012	5	4	0	3,605	11/26/2012
454 FERNE AVENUE 233 South Palo Alto	$1,850,000 10/25/2012	$1,855,000 10/31/2012	5	2	0	1,935	11/20/2012
1623 ESCOBITA AVENUE 236 College	$2,175,000 10/18/2012	$2,243,000 10/24/2012	5	3	0	2,493	11/16/2012
3140 MORRIS DRIVE 233 South Palo Alto	$1,395,000 10/10/2012	$1,525,000 10/18/2012	4	2	0	1,662	11/20/2012
4198 KING ARTHUR COURT 231 Green Acres	$1,498,000 10/10/2012	$1,550,000 10/21/2012	4	4	0	2,370	11/15/2012
1959 EMERSON STREET 237 Old Palo Alto	$2,895,000 10/3/2012	$2,750,000 11/8/2012	4	3	0	2,501	11/21/2012
848 SOUTHAMPTON DRIVE 238 Green Gables	$4,495,000 10/3/2012	$4,555,000 11/1/2012	5	4	2	4,700	11/16/2012
750 SAN CARLOS COURT 234 Midtown	$1,048,000 9/26/2012	$1,200,000 10/9/2012	3	2	0	1,092	11/20/2012
772 SUTTER AVENUE 234 Midtown	$2,499,000 9/13/2012	$2,660,000 9/20/2012	4	3	0	2,618	11/20/2012
2320 BYRON STREET 237 Old Palo Alto	$2,475,000 9/12/2012	$2,450,000 9/22/2012	3	2	0	1,850	11/19/2012
580 BARRON AVENUE 232 Barron Park	$1,759,000 9/12/2012	$1,700,000 9/25/2012	4	2	1	2,346	11/16/2012
4303 MIRANDA AVENUE 230 Palo Alto Hills	$1,250,000 8/2/2012	$1,250,000 8/30/2012	3	1	0	1,600	11/21/2012
4277 PARK BOULEVARD 233 South Palo Alto	$999,888 7/11/2012	$950,000 10/24/2012	4	2	0	1,496	11/21/2012