10 September, 2013

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

We had 16 new listings last week of single family homes as oppose to 4 the week before in Menlo Park. 3 houses changed status to pending as oppose to 8  the week before and 6 closed escrow the same as the week before.

The inventory remains low. Most of the new listings are selling within one week. Only three listings sold above the asking price.
 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 : 16
Pending: 3
Sold: 6

ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
4
5
1
4
4
0
3
1
0
 
2
1
0
911
5
4
1
3
2
0
4
4
1
3
3
0
3
3
0
4
3
1
3
2
1
3
2
0
3
2
0
 
4
3
0
3
2
0
4
3
1
PENDING LISTINGS:

Address
Area
BR
FBA
PBA
4
3
1
3
2
0
3
1
0
910
SOLD LISTINGS:

Address
Area
BR
FBA
2
1
2
1
890
4
3
3
1
910
3
1
3
1

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