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

As usual, we start the new year with few listings coming on the market. We had four new listings of single family homes in Palo Alto last week . One house changed status to pending  and 3 listings closed escrow.

The inventory is at a historic low, the market remains a seller market, i expect the number of new listings to pick-up gradually after the super-bowl.

If you are thinking about selling your home in the next year, it is the time to contact your realtor to establish a plan to sell your home.

I provide a free market ansalysis to sellers and I will be happy to meet with you to discuss a detailed plan to achieve your goals quickly and stress free.

Following is the detailed market activity for Palo Alto:

Active    : 4
Pending : 1
Sold       : 3

ACTIVE NEW LISTINGS:

		Address Area	List Price List Date	BR	FBA	PBA	SqFt
		2368 SAINT FRANCIS DRIVE 238 Green Gables	$1,499,000 1/10/2013	4	2	0	1,848
		244 BYRON STREET 242 Downtown Palo Alto	$1,998,000 1/9/2013	4	2	0	2,200
		2911 SIMKINS COURT 233 South Palo Alto	$1,799,000 1/9/2013	5	5	2	3,138
		3392 SAINT MICHAEL DRIVE 234 Midtown	$1,998,000 1/8/2013	3	2	0	2,240

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	SqFt	Close Date
1234 PITMAN AVENUE 239 Crescent Park	$2,695,000 11/16/2012	N/A 11/27/2012	4	3	2,700	1/18/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
167 HAWTHORNE AVENUE 242 Downtown Palo Alto	$1,795,000 11/25/2012	$2,150,000 12/6/2012	3	2	1	1,976	1/10/2013
355 SAN ANTONIO AVENUE 233 South Palo Alto	$1,788,000 10/19/2012	$1,775,000 12/8/2012	4	4	1	2,622	1/11/2013
999 EMBARCADERO ROAD 238 Green Gables	$1,448,000 9/12/2012	$1,400,000 11/21/2012	4	2	0	2,204	12/21/2012