WEEK IN REVIEW: ACTIVEV NEW LISTINGS PENDING AND SOLD LISTINGS IN MENLO PARK

We had 12 new listings this week of single family homes the same as the week in Menlo Park. 14 houses changed status to pending as oppose to 11 the week before and 9 closed escrow the as oppose to 14 the week before.

The inventory is slightly better. Our market activity is directly connected to the number of new listings that comes on the market each week; if we were to have more listings coming on the market we would sell more houses.

New listings are selling within one week. Multiple offers on most of the listings is the norm. All listings b that closed escrow this week sold significantly above the asking price confirming a strong market for the year

The inventory remains low. The market remains a strong seller market

If you are thinking about selling your home, it is a great time to sell, contact me to help you establish a plan to sell your home.

Following is the detailed market activity for Menlo Park:

Active : 12
Pending: 14
Sold: 9


ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
140 ROYAL OAKS COURT 301 Sharon Heights / Stanford Hills	$4,395,000 5/10/2013	5	4	1	5,824
192 OAK COURT 308 Willows / O'Conner Area	$899,000 5/10/2013	2	1	0	920
1145 HIDDEN OAKS DRIVE 303 Central Menlo	$2,399,000 5/10/2013	4	3	0	2,190
727 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$925,000 5/10/2013	3	1	1	1,590
660 HARVARD AVENUE #1 304 Allied Arts / Downtown	$1,299,000 5/9/2013	3	2	0	1,460
925 MIDDLE AVENUE 304 Allied Arts / Downtown	$1,495,000 5/9/2013	3	3	0	1,700
307 BARTON WAY 308 Willows / O'Conner Area	$1,049,000 5/9/2013	3	1	0	1,050
1994 VALPARAISO AVENUE 302 County / Alameda Area	$1,475,000 5/6/2013	3	2	0	1,420
111 POPE STREET 308 Willows / O'Conner Area	$1,995,000 5/6/2013	4	2	1	2,094
357 FELTON DRIVE 306 Felton Gables	$2,595,000 5/6/2013	3	2	1	2,850
1305 ELDER AVENUE 303 Central Menlo	$2,349,000 5/6/2013	3	3	0	2,880
635 HERMOSA WAY 303 Central Menlo	$4,375,000 5/6/2013	5	4	1	5,038

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
765 EVERGREEN STREET 303 Central Menlo	$2,295,000 4/29/2013	N/A 5/8/2013	3	3	0	2,100	5/15/2013
923 CONTINENTAL DRIVE 301 Sharon Heights / Stanford Hills	$2,395,000 4/29/2013	N/A 5/8/2013	3	2	0	2,080	6/7/2013
736 COLLEGE AVENUE 304 Allied Arts / Downtown	$2,395,000 4/29/2013	N/A 5/8/2013	3	3	0	2,480	6/4/2013
171 STONE PINE LANE 305 Middlefield to El Camino	$1,325,000 4/28/2013	N/A 5/10/2013	3	2	1	1,980	6/10/2013
1052 OAKLAND AVENUE 309 Flood Park Area	$938,000 4/28/2013	N/A 5/8/2013	3	1	0	1,210	6/6/2013
850 SHARON PARK DRIVE 301 Sharon Heights / Stanford Hills	$1,998,000 4/28/2013	N/A 5/7/2013	5	3	0	2,870	5/17/2013
217 MARMONA DRIVE 308 Willows / O'Conner Area	$1,850,000 4/15/2013	N/A 4/26/2013	4	2	0	2,150	5/27/2013
1872 CAMINO DE LOS ROBLES 302 County / Alameda Area	$3,498,000 4/5/2013	N/A 4/11/2013	5	4	1	3,750	5/15/2013
19 MONTANA LANE 302 County / Alameda Area	$3,945,000 4/5/2013	N/A 5/8/2013	5	5	1	3,815	5/31/2013
208 IVY DRIVE 310 East of U.S. 101	$629,000 3/21/2013	N/A 4/2/2013	4	2	0	1,574	5/15/2013
200 TERMINAL AVENUE 310 East of U.S. 101	$499,000 3/7/2013	N/A 4/30/2013	3	2	0	1,100	5/30/2013
260 ARDEN ROAD 306 Felton Gables	$3,199,000 2/4/2013	N/A 5/8/2013	5	4	1	4,056	5/24/2013
443 OCONNOR STREET 308 Willows / O'Conner Area	$999,900 1/30/2013	N/A 5/10/2013	5	3	0	2,225	6/14/2013
168 HILLSIDE AVENUE 302 County / Alameda Area	$2,695,000 11/26/2012	N/A 4/22/2013	5	4	1	3,687	5/23/2013

Address Area	List Price List Date	BR	FBA	PBA	SqFt
140 ROYAL OAKS COURT 301 Sharon Heights / Stanford Hills	$4,395,000 5/10/2013	5	4	1	5,824
192 OAK COURT 308 Willows / O'Conner Area	$899,000 5/10/2013	2	1	0	920
1145 HIDDEN OAKS DRIVE 303 Central Menlo	$2,399,000 5/10/2013	4	3	0	2,190
727 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$925,000 5/10/2013	3	1	1	1,590
660 HARVARD AVENUE #1 304 Allied Arts / Downtown	$1,299,000 5/9/2013	3	2	0	1,460
925 MIDDLE AVENUE 304 Allied Arts / Downtown	$1,495,000 5/9/2013	3	3	0	1,700
307 BARTON WAY 308 Willows / O'Conner Area	$1,049,000 5/9/2013	3	1	0	1,050
1994 VALPARAISO AVENUE 302 County / Alameda Area	$1,475,000 5/6/2013	3	2	0	1,420
111 POPE STREET 308 Willows / O'Conner Area	$1,995,000 5/6/2013	4	2	1	2,094
357 FELTON DRIVE 306 Felton Gables	$2,595,000 5/6/2013	3	2	1	2,850
1305 ELDER AVENUE 303 Central Menlo	$2,349,000 5/6/2013	3	3	0	2,880
635 HERMOSA WAY 303 Central Menlo	$4,375,000 5/6/2013	5	4	1	5,038

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1015 ATKINSON LANE 303 Central Menlo	$1,925,000 4/19/2013	$2,000,000 4/30/2013	2	2	1	1,860	5/8/2013
1111 MADERA AVENUE 310 East of U.S. 101	$448,000 4/17/2013	$488,000 4/29/2013	2	1	0	1,180	5/10/2013
1224 WINDERMERE AVENUE 310 East of U.S. 101	$477,750 4/4/2013	$505,000 4/11/2013	3	2	0	1,440	5/10/2013
147 EAST CREEK DRIVE 305 Middlefield to El Camino	$1,998,000 4/4/2013	$2,160,000 4/16/2013	3	2	1	1,859	5/7/2013
763 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$549,000 4/1/2013	$635,000 4/11/2013	2	1	0	760	5/3/2013
30 LA LOMA DRIVE 301 Sharon Heights / Stanford Hills	$2,095,000 3/29/2013	$2,300,000 4/10/2013	4	3	0	2,401	5/9/2013
1122 BERKELEY AVENUE 310 East of U.S. 101	$450,000 3/23/2013	$500,000 4/11/2013	3	1	0	1,040	5/9/2013
1361 SHERMAN AVENUE 302 County / Alameda Area	$1,800,000 3/22/2013	$1,850,000 4/12/2013	4	3	0	3,010	5/10/2013
132 DUNSMUIR WAY 309 Flood Park Area	$829,000 3/3/2013	$963,000 3/12/2013	2	1	0	1,000	5/9/2013