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

We had 9 new listings last week of single family homes as oppose to 12 the week before in Menlo Park. 18 houses changed status to pending as oppose to 6  the week before and 4 closed escrow as oppose to 5  the week before.

The inventory remains low. Most of the new listings are selling within one week.  All listings sold below the asking price and 2 listings had price reduction before they change to pending status..
 The market remains a 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 : 9
Pending: 18
Sold: 4

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
1725 SANTA CRUZ AVENUE 303 Central Menlo	$1,690,000 9/29/2013	3	2	1	2,340
407 GRAYSON COURT 308 Willows / O'Conner Area	$988,000 9/28/2013	3	2	0	1,482
315 POPE STREET 308 Willows / O'Conner Area	$1,195,000 9/27/2013	3	1	0	920
317 YALE ROAD 304 Allied Arts / Downtown	$1,595,000 9/25/2013	3	2	0	1,430
1231 ORANGE AVENUE 302 County / Alameda Area	$1,699,500 9/23/2013	4	3	0	2,000
1371 NORTH LEMON AVENUE 303 Central Menlo	$1,649,000 9/23/2013	2	1	0	1,180
425 8TH AVENUE 311 County Area / Fair Oaks Ave	$598,000 9/23/2013	1	1	0	330
2059 PALO ALTO WAY 302 County / Alameda Area	$2,550,000 9/23/2013	4	2	1	2,513
10 ARBOL GRANDE COURT 302 County / Alameda Area	$3,150,000 9/22/2013	5	4	0	3,760

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
4 HERITAGE PLACE 307 Menlo Oaks Area	$999,000 9/24/2013	N/A 9/26/2013	3	3	0	1,868	10/26/2013
1855 WHITE OAK DRIVE 303 Central Menlo	$2,198,000 9/23/2013	N/A 9/24/2013	3	2	0	2,160	10/24/2013
1078 PINE STREET 305 Middlefield to El Camino	$1,325,000 9/20/2013	N/A 9/23/2013	3	2	1	1,800	10/15/2013
315 CHESTER STREET 308 Willows / O'Conner Area	$998,000 9/16/2013	N/A 9/27/2013	3	1	0	1,200	10/23/2013
811 MIDDLE AVENUE 304 Allied Arts / Downtown	$1,095,000 9/16/2013	N/A 9/24/2013	2	1	1	1,450	9/30/2013
1141 WOODLAND AVENUE 308 Willows / O'Conner Area	$2,195,000 9/15/2013	N/A 9/26/2013	4	2	1	3,020	10/27/2013
11 BAY ROAD 309 Flood Park Area	$1,499,000 9/15/2013	N/A 9/25/2013	3	2	0	2,070	10/18/2013
200 ROBIN WAY 308 Willows / O'Conner Area	$1,099,000 9/13/2013	N/A 9/23/2013	3	1	0	1,150	10/4/2013
1063 SONOMA AVENUE 309 Flood Park Area	$789,000 9/11/2013	N/A 9/25/2013	2	1	0	1,190	10/17/2013
2 IRIS LANE 309 Flood Park Area	$829,000 9/9/2013	N/A 9/25/2013	3	1	0	1,200	10/25/2013
3617 OAK DRIVE 311 County Area / Fair Oaks Ave	$2,498,000 9/9/2013	N/A 9/26/2013	5	4	1	4,650	10/16/2013
7 HELEN PLACE 303 Central Menlo	$3,275,000 9/6/2013	N/A 9/20/2013	3	3	0	2,780	10/3/2013
2328 WARNER RANGE AVENUE 301 Sharon Heights / Stanford Hills	$3,995,000 9/5/2013	N/A 9/26/2013	4	3	1	4,050	11/7/2013
304 OAKWOOD PLACE 309 Flood Park Area	$1,775,000 9/3/2013	N/A 9/25/2013	4	3	0	2,500	10/25/2013
687 14TH AVENUE 311 County Area / Fair Oaks Ave	$998,000 9/1/2013	N/A 9/26/2013	4	3	0	1,620	10/25/2013
849 CAMBRIDGE AVENUE 304 Allied Arts / Downtown	$1,695,000 8/30/2013	N/A 9/24/2013	4	3	1	2,380	10/3/2013
1055 BERKELEY AVENUE 309 Flood Park Area	$898,000 7/29/2013	N/A 9/1/2013	2	1	0	1,516	10/1/2013
611 MENLO OAKS DRIVE 307 Menlo Oaks Area	$2,598,000 7/19/2013	N/A 9/17/2013	3	2	0	1,830	10/4/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
2043 SANTA CRUZ AVENUE 302 County / Alameda Area	$1,359,000 8/12/2013	$1,188,000 9/13/2013	4	2	0	1,560	9/27/2013
1354 SEVIER AVENUE 310 East of U.S. 101	$570,000 8/2/2013	$575,000 8/17/2013	3	1	0	1,130	9/25/2013
2198 CLAYTON DRIVE 302 County / Alameda Area	$3,495,000 7/26/2013	$3,300,000 8/13/2013	5	3	1	3,912	9/24/2013
965 SAN MATEO DRIVE 303 Central Menlo	$2,995,000 6/23/2013	$2,850,000 8/20/2013	4	3	1	3,113	9/20/2013