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

We had 7 new listings of single family homes in Palo Alto as oppose to 17 the week before. 16 house changed status to pending as oppose to 9 the week before and 11 listings  closed escrow last week as oppose to 7 the week before.

The inventory is very low and we are still seeing multiple offers in the price range of $1.3 Million - $3 Million. All listings that closed escrow this week sold  at  above the asking price  but 4 confirming a continuing strong market. The market remains a seller market.

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

Following is the detailed market activity for Palo Alto:

Active : 7
Pending : 16
Sold : 11

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
3776 LA DONNA AVENUE 232 Barron Park	$1,898,000 9/29/2013	5	5	0	2,348
840 LA PARA AVENUE 232 Barron Park	$1,695,000 9/26/2013	4	2	0	1,737
3727 CASS WAY 232 Barron Park	$1,495,000 9/26/2013	3	2	0	1,416
3185 KIPLING STREET 234 Midtown	$4,198,000 9/26/2013	6	5	1	3,683
4010 MANZANA LANE 232 Barron Park	$2,195,000 9/26/2013	3	2	0	1,600
4132 MAYBELL WAY 231 Green Acres	$1,685,000 9/25/2013	3	2	1	1,794
792 ENCINA GRANDE DRIVE 232 Barron Park	$2,175,000 9/25/2013	5	3	0	2,394

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
2260 SOUTH COURT 237 Old Palo Alto	$1,995,000 9/19/2013	N/A 9/27/2013	3	2	1	1,680	10/11/2013
3178 RAMONA STREET 234 Midtown	$2,398,000 9/19/2013	N/A 9/26/2013	4	3	0	2,175	10/24/2013
3525 COWPER STREET 234 Midtown	$1,298,000 9/19/2013	N/A 9/26/2013	3	2	0	1,086	10/3/2013
3137 GREER ROAD 233 South Palo Alto	$1,238,000 9/19/2013	N/A 9/26/2013	3	1	0	1,004	10/10/2013
4289 MIRANDA AVENUE 230 Palo Alto Hills	$1,295,000 9/18/2013	N/A 9/25/2013	3	2	0	1,364	10/28/2013
563 LYTTON AVENUE 242 Downtown Palo Alto	$1,795,000 9/18/2013	N/A 9/26/2013	3	3	1	1,425	10/18/2013
4263 PARK BOULEVARD 233 South Palo Alto	$1,098,000 9/18/2013	N/A 9/27/2013	4	2	0	1,388	10/22/2013
3412 COWPER STREET 234 Midtown	$1,898,000 9/18/2013	N/A 9/26/2013	4	2	0	1,870	10/1/2013
821 THORNWOOD DRIVE 233 South Palo Alto	$1,900,000 9/18/2013	N/A 9/26/2013	5	3	0	2,607	10/15/2013
3629 RAMONA CIRCLE 233 South Palo Alto	$2,398,000 9/18/2013	N/A 9/25/2013	4	2	1	2,361	10/22/2013
417 Cole COURT 233 South Palo Alto	$1,538,888 9/18/2013	N/A 9/23/2013	4	3	1	2,120	12/27/2013
1511 WAVERLEY STREET 237 Old Palo Alto	$2,500,000 9/17/2013	N/A 9/24/2013	5	3	1	1,980	10/15/2013
1426 PITMAN AVENUE 239 Crescent Park	$3,198,000 9/16/2013	N/A 9/24/2013	4	2	1	3,092	10/24/2013
3488 Ramona STREET 234 Midtown	$1,889,880 9/12/2013	N/A 9/30/2013	4	2	1	1,889	10/11/2013
1425 Cowper STREET 241 Professorville	$1,999,000 9/10/2013	N/A 9/23/2013	3	3	0	1,944	10/4/2013
985 PARADISE WAY 232 Barron Park	$2,275,000 9/9/2013	N/A 9/27/2013	5	3	0	2,426	10/31/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
582 PATRICIA LANE 238 Green Gables	$2,865,000 9/11/2013	$3,307,000 9/18/2013	5	3	0	2,586	9/25/2013
425 HALE STREET 239 Crescent Park	$1,695,000 9/11/2013	$2,220,000 9/19/2013	2	1	0	1,506	9/26/2013
1079 EMBARCADERO ROAD 238 Green Gables	$995,000 9/4/2013	$1,230,000 9/20/2013	3	1	0	1,114	9/26/2013
968 EMBARCADERO ROAD 238 Green Gables	$1,295,000 9/4/2013	$1,465,000 9/11/2013	3	1	0	1,300	9/27/2013
3475 MIDDLEFIELD ROAD 233 South Palo Alto	$1,495,000 8/29/2013	$1,720,000 9/12/2013	1	1	0	607	9/20/2013
957 AMARILLO AVENUE 233 South Palo Alto	$1,498,000 8/15/2013	$1,462,500 8/23/2013	3	2	0	1,373	9/25/2013
98 ERSTWILD COURT 238 Green Gables	$2,898,000 8/14/2013	$3,461,888 8/23/2013	4	3	0	2,409	9/19/2013
2076 CORNELL STREET 236 College	$1,695,000 8/14/2013	$1,825,000 8/23/2013	3	2	0	1,598	9/20/2013
3553 Alma Village CIRCLE 234 Midtown	$1,748,880 8/1/2013	$1,655,000 8/14/2013	3	2	1	1,754	8/30/2013
3557 Alma Village CIRCLE 234 Midtown	$1,589,880 7/24/2013	$1,568,000 7/28/2013	3	2	1	1,754	9/26/2013
1127 HIGH STREET 241 Professorville	$2,648,000 7/10/2013	$2,600,000 8/4/2013	4	2	1	2,890	9/12/2013