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

We had 8 new listings last week of single family homes as oppose to 7 the week before in Menlo Park. 10 houses changed status to pending as oppose to 9 the week before and 13 closed escrow as oppose to 6 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 two 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 : 8
Pending: 10
Sold: 13

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
2198 CLAYTON DRIVE 302 County / Alameda Area	$3,495,000 7/26/2013	5	3	1	3,912
2123 ASHTON AVENUE 302 County / Alameda Area	$2,395,000 7/26/2013	4	3	0	2,620
207 HEDGE ROAD 309 Flood Park Area	$1,699,000 7/26/2013	4	3	1	2,646
350 CLAREMONT WAY 305 Middlefield to El Camino	$1,995,000 7/25/2013	4	3	0	1,982
1311 HILL AVENUE 310 East of U.S. 101	$499,000 7/22/2013	3	1	0	910
406 9TH AVENUE 311 County Area / Fair Oaks Ave	$759,000 7/21/2013	2	1	0	960
1490 FRANKS LANE 302 County / Alameda Area	$1,495,000 7/8/2013	4	3	0	2,000
1060 CONTINENTAL DRIVE 301 Sharon Heights / Stanford Hills	$2,195,000 6/23/2013	6	3	0	3,150

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
324 GILBERT AVENUE 308 Willows / O'Conner Area	$1,349,000 7/15/2013	N/A 7/24/2013	3	1	1	1,470	8/23/2013
230 MORGAN LANE 305 Middlefield to El Camino	$1,575,000 7/12/2013	N/A 7/22/2013	4	3	1	1,951	8/12/2013
2061 Sterling AVENUE 302 County / Alameda Area	$1,395,000 7/11/2013	N/A 7/23/2013	4	2	0	1,560	8/13/2013
1121 CARLTON AVENUE 310 East of U.S. 101	$598,000 7/11/2013	N/A 7/27/2013	3	2	0	1,040	8/9/2013
512 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$975,000 7/11/2013	N/A 7/24/2013	3	2	0	1,877	8/2/2013
885 SAN MATEO DRIVE 303 Central Menlo	$2,295,000 7/8/2013	N/A 7/25/2013	3	3	0	1,879	8/14/2013
731 SAN BENITO AVENUE 311 County Area / Fair Oaks Ave	$875,000 7/6/2013	N/A 7/22/2013	3	2	0	1,535	8/25/2013
759 MIDDLE AVENUE 304 Allied Arts / Downtown	$1,495,000 6/6/2013	N/A 7/25/2013	2	2	0	1,318	9/9/2013
7 HERITAGE PLACE 307 Menlo Oaks Area	$999,000 6/5/2013	N/A 7/26/2013	3	3	0	1,870	7/30/2013
1877 CAMINO A LOS CERROS 302 County / Alameda Area	$4,398,000 3/16/2013	N/A 7/12/2013	6	5	0	4,608	8/13/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
888 HARVARD AVENUE  304 Allied Arts / Downtown	$2,398,000 7/12/2013	$2,436,315 7/20/2013	4	3	0	2,370	7/26/2013
865 MIDDLE AVENUE 304 Allied Arts / Downtown	$1,249,000 7/9/2013	$1,550,000 7/15/2013	2	1	0	1,350	7/22/2013
3 SHASTA LANE 301 Sharon Heights / Stanford Hills	$2,375,000 6/24/2013	$2,375,000 7/6/2013	4	2	1	3,040	7/23/2013
538 9TH AVENUE 311 County Area / Fair Oaks Ave	$995,000 6/21/2013	$1,000,000 7/1/2013	3	2	0	1,620	7/26/2013
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
533 PALMER LANE 311 County Area / Fair Oaks Ave	$1,349,000 6/10/2013	$1,350,000 6/29/2013	3	2	0	1,900	7/24/2013
487 9TH AVENUE 311 County Area / Fair Oaks Ave	$799,000 6/10/2013	$890,000 6/21/2013	3	2	0	1,570	7/23/2013
123 DUNSMUIR WAY 309 Flood Park Area	$1,125,000 6/8/2013	$1,205,000 6/27/2013	3	2	0	1,190	7/26/2013
160 AMHERST AVENUE 311 County Area / Fair Oaks Ave	$999,950 6/7/2013	$1,200,000 6/18/2013	3	2	0		7/23/2013
1421 PLUMAS AVENUE 310 East of U.S. 101	$589,999 5/30/2013	$595,000 7/25/2013	4	2	0	1,310	7/26/2013
357 FELTON DRIVE 306 Felton Gables	$2,595,000 5/6/2013	$2,695,000 6/17/2013	3	2	1	2,850	7/26/2013
725 HOBART STREET 303 Central Menlo	$2,695,000 5/4/2013	$2,675,000 7/3/2013	4	3	1	2,930	7/12/2013
777 SHARON PARK DRIVE 301 Sharon Heights / Stanford Hills	$3,500,000 4/22/2013	$3,000,000 6/13/2013	3	3	1	2,900	7/26/2013