WEEK IN REVIEW: ACTIVE NEW LISTINGS, PENDING AND SOLD LISTINGS IN MENLO PARK

We had only 3 new listings this week of single family homes as oppose to 15 the week before in Menlo Park. 10 houses changed status to pending as oppose to 11 the week before and 7 closed escrow as oppose to 9 the week before.

The inventory is  better. Most of the new listings are selling within one week. All listings  that closed escrow this week sold significantly above the asking price confirming a continuing strong market for the year.

 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 : 3
Pending: 10
Sold: 7

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
1007 PEGGY LANE 309 Flood Park Area	$1,595,000 6/25/2013	3	2	0	1,853
139 YALE ROAD 304 Allied Arts / Downtown	$2,495,000 6/24/2013	2	2	0	2,460
3 SHASTA LANE 301 Sharon Heights / Stanford Hills	$2,375,000 6/24/2013	4	2	1	3,040

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
2150 CAMINO DE LOS ROBLES 302 County / Alameda Area	$2,400,000 6/28/2013	N/A 6/28/2013	4	4	0	2,690	7/10/2013
440 SANTA RITA AVENUE 303 Central Menlo	$3,195,000 6/23/2013	N/A 6/26/2013	4	3	1	3,040	6/28/2013
1315 MADERA AVENUE 310 East of U.S. 101	$389,000 6/17/2013	N/A 6/25/2013	2	1	0	920	7/5/2013
546 9TH AVENUE 311 County Area / Fair Oaks Ave	$970,000 6/11/2013	N/A 6/22/2013	3	2	0	1,574	7/2/2013
130 STONE PINE LANE 305 Middlefield to El Camino	$1,200,000 6/10/2013	N/A 6/28/2013	3	2	1	2,487	8/9/2013
533 PALMER LANE 311 County Area / Fair Oaks Ave	$1,349,000 6/10/2013	N/A 6/29/2013	3	2	0	1,900	7/24/2013
123 DUNSMUIR WAY 309 Flood Park Area	$1,125,000 6/8/2013	N/A 6/27/2013	3	2	0	1,190	7/26/2013
6 ZACHARY COURT 301 Sharon Heights / Stanford Hills	$3,750,000 6/3/2013	N/A 6/24/2013	4	4	0	4,400	7/8/2013
1070 SISKIYOU DRIVE 301 Sharon Heights / Stanford Hills	$2,695,000 5/24/2013	N/A 6/6/2013	4	4	1	3,472	7/15/2013
1101 MIDDLE AVENUE 303 Central Menlo	$2,898,000 4/5/2013	N/A 6/24/2013	4	3	1	3,660	7/2/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	SqFt	Close Date
1027 OAKLAND AVENUE 309 Flood Park Area	$889,000 6/10/2013	$1,212,000 6/19/2013	3	1	1,200	6/26/2013
1921 PALO ALTO WAY 302 County / Alameda Area	$1,295,000 5/31/2013	$1,600,000 6/10/2013	3	2	1,040	6/25/2013
910 ROBLE AVENUE 304 Allied Arts / Downtown	$1,998,000 5/31/2013	$2,150,000 6/11/2013	4	4	2,130	6/24/2013
215 UNIVERSITY DRIVE 304 Allied Arts / Downtown	$1,879,000 5/24/2013	$2,358,000 6/1/2013	3	2	1,910	6/25/2013
907 TIMOTHY LANE 309 Flood Park Area	$899,000 5/20/2013	$1,086,000 5/30/2013	2	1	1,080	6/26/2013
2070 CEDAR AVENUE 302 County / Alameda Area	$1,595,000 5/17/2013	$1,715,000 5/25/2013	3	2	1,790	6/21/2013
407 CHESTER STREET 308 Willows / O'Conner Area	$1,125,000 5/17/2013	$1,278,000 5/24/2013	3	2	1,560	6/25/2013