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

We had only 5 new listings this week of single family homes as oppose to 3 the week before in Menlo Park. 12 houses changed status to pending as oppose to 10 the week before and 13 closed escrow as oppose to 7 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 but one 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 : 5
Pending: 12
Sold: 13

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
1259 HOOVER STREET 304 Allied Arts / Downtown	$1,499,999 7/8/2013	3	3	0	1,810
1490 FRANKS LANE 302 County / Alameda Area	$1,495,000 7/7/2013	4	3	0	2,000
2331 CREST LANE 301 Sharon Heights / Stanford Hills	$3,983,222 7/6/2013	5	5	1	4,751
731 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$875,000 7/6/2013	3	2	0	1,535
1367 HENDERSON AVENUE 310 East of U.S. 101	$499,000 7/3/2013	3	1	0	1,040

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
210 SAN CLEMENTE DRIVE 307 Menlo Oaks Area	$1,098,000 6/23/2013	N/A 7/2/2013	3	1	0	1,300	7/12/2013
2063 GORDON AVENUE 302 County / Alameda Area	$2,150,000 6/22/2013	N/A 7/2/2013	4	3	0	2,586	7/12/2013
460 CLAREMONT WAY 305 Middlefield to El Camino	$1,695,000 6/22/2013	N/A 7/1/2013	3	2	0	1,640	7/23/2013
538 9TH AVENUE 311 County Area / Fair Oaks Ave	$995,000 6/21/2013	N/A 7/1/2013	3	2	0	1,620	7/26/2013
727 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$1,250,000 6/21/2013	N/A 7/2/2013	3	1	1	1,590	8/2/2013
203 HAIGHT STREET 308 Willows / O'Conner Area	$799,000 6/21/2013	N/A 7/3/2013	2	1	0	890	8/2/2013
929 VALPARAISO AVENUE 304 Allied Arts / Downtown	$1,295,000 6/20/2013	N/A 7/1/2013	3	2	0	1,960	7/19/2013
1845 OAKDELL DRIVE 303 Central Menlo	$2,298,000 6/16/2013	N/A 7/2/2013	4	3	0	2,550	8/2/2013
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
563 9TH AVENUE 311 County Area / Fair Oaks Ave	$849,000 5/31/2013	N/A 6/17/2013	2	1	0	1,060	7/12/2013
6 LASSEN COURT 301 Sharon Heights / Stanford Hills	$2,595,000 5/14/2013	N/A 7/3/2013	3	2	0	2,690	8/13/2013
725 HOBART STREET 303 Central Menlo	$2,695,000 5/4/2013	N/A 7/3/2013	4	3	1	2,930	7/12/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1234 CRANE STREET 304 Allied Arts / Downtown	$1,375,000 7/1/2013	$1,440,000 7/1/2013	2	1	0	980	7/1/2013
440 SANTA RITA AVENUE 303 Central Menlo	$3,195,000 6/23/2013	$3,800,000 6/26/2013	4	3	1	3,040	7/1/2013
3435 ALAMEDA DE LAS PULGAS 302 County / Alameda Area	$1,150,000 6/11/2013	$1,150,000 6/13/2013	3	2	1	1,750	7/3/2013
546 9TH AVENUE 311 County Area / Fair Oaks Ave	$970,000 6/11/2013	$1,050,000 6/22/2013	3	2	0	1,574	7/2/2013
115 WALNUT STREET 308 Willows / O'Conner Area	$1,399,000 5/30/2013	$1,500,000 6/2/2013	3	2	0	1,500	7/2/2013
2061 MANZANITA AVENUE 302 County / Alameda Area	$1,399,888 5/29/2013	$1,500,000 6/9/2013	4	2	0	1,730	7/2/2013
116 BLACKBURN AVENUE 308 Willows / O'Conner Area	$1,150,000 5/23/2013	$1,328,000 6/4/2013	3	2	0	1,170	7/3/2013
693 9TH AVENUE 311 County Area / Fair Oaks Ave	$729,000 5/16/2013	$885,000 5/26/2013	3	1	1	1,260	6/28/2013
192 OAK COURT 308 Willows / O'Conner Area	$899,000 5/10/2013	$899,000 6/3/2013	2	1	0	920	7/2/2013
1994 VALPARAISO AVENUE 302 County / Alameda Area	$1,475,000 5/6/2013	$1,500,000 5/15/2013	3	2	0	1,420	7/1/2013
128 ELM STREET 308 Willows / O'Conner Area	$1,050,000 4/29/2013	$1,050,000 6/3/2013	3	2	0	1,110	6/28/2013
1101 MIDDLE AVENUE 303 Central Menlo	$2,898,000 4/5/2013	$2,825,000 6/24/2013	4	3	1	3,660	7/2/2013
1131 HOBART STREET 303 Central Menlo	$3,950,000 3/29/2013	$3,950,000 7/3/2013	6	6	1	5,430	7/3/2013