14 October, 2013

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

We had 12 new listings last week of single family homes as oppose to 7 the week before in Menlo Park. 6 houses changed status to pending as oppose to 9 the week before and  6 closed escrow as oppose to 7  the week before.

The inventory remains low. Most of the new listings are selling within one week.  All listings sold below the asking price but one listing.
 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 : 12
Pending: 6
Sold: 6

ACTIVE LISTINGS:

Address
Area
BR
FBA
PBA
4
3
1
3
2
0
3
2
0
3
2
1
4
2
0
5
3
0
4
3
0
3
1
1
2
1
0
960
5
4
1
3
3
1
5
4
1
PENDING LISTINGS:

Address
Area
BR
FBA
PBA
2
1
0
700
3
2
1
1
1
0
330
4
4
1
4
3
0
5
4
1
SOLD LISTINGS:

Address
Area
BR
FBA
PBA
3
2
0
3
1
0
3
3
0
3
2
1
3
2
0
 
 
4
3
1

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