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 the same as the week before. 11 house changed status to pending as oppose to 16 the week before and 6 listings  closed escrow last week as oppose to 11 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 2 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 : 11
Sold : 6

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
182 HEMLOCK COURT 233 South Palo Alto	$1,750,000 10/3/2013	4	2	0	1,800
2230 LOUIS ROAD 238 Green Gables	$1,395,000 10/2/2013	3	1	1	1,120
2430 COWPER STREET 234 Midtown	$1,495,000 10/2/2013	3	2	0	1,350
2350 RAMONA STREET 237 Old Palo Alto	$1,830,000 10/2/2013	3	1	1	1,537
1521 ESCOBITA AVENUE 236 College	$2,498,000 10/2/2013	5	4	0	2,452
201 CHESTNUT AVENUE 235 Ventura	$1,498,000 10/2/2013	4	2	1	1,870
129 CHURCHILL AVENUE 237 Old Palo Alto	$2,299,888 10/1/2013	2	2	0	1,381

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
888 WARREN WAY   233 South Palo Alto	$1,295,000 10/3/2013	N/A 10/5/2013	3	1	1	1,224	10/25/2013
4010 MANZANA LANE 232 Barron Park	$2,195,000 9/26/2013	N/A 10/4/2013	3	2	0	1,600	10/11/2013
3185 KIPLING STREET 234 Midtown	$4,198,000 9/26/2013	N/A 10/1/2013	6	5	1	3,683	10/17/2013
3727 CASS WAY 232 Barron Park	$1,495,000 9/26/2013	N/A 10/2/2013	3	2	0	1,416	10/8/2013
840 LA PARA AVENUE 232 Barron Park	$1,695,000 9/26/2013	N/A 10/2/2013	4	2	0	1,737	10/24/2013
4132 MAYBELL WAY 231 Green Acres	$1,685,000 9/25/2013	N/A 10/5/2013	3	2	1	1,794	10/30/2013
1024 CATHCART WAY 243 Stanford	$2,457,000 9/20/2013	N/A 10/3/2013	5	3	1	4,457	11/11/2013
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
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
3488 Ramona STREET 234 Midtown	$1,889,880 9/12/2013	N/A 9/30/2013	4	2	1	1,889	10/11/2013
416 Cole COURT 233 South Palo Alto	$1,568,888 8/5/2013	N/A 8/30/2013	4	3	1	2,120	11/29/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
563 LYTTON AVENUE 242 Downtown Palo Alto	$1,795,000 9/18/2013	$1,875,000 9/26/2013	3	3	1	1,425	10/4/2013
3412 COWPER STREET 234 Midtown	$1,898,000 9/18/2013	$2,325,000 9/26/2013	4	2	0	1,870	10/1/2013
3869 NATHAN WAY 233 South Palo Alto	$1,698,888 9/5/2013	$1,850,000 9/16/2013	4	3	0	1,707	10/3/2013
724 ESPLANADA WAY 243 Stanford	$2,300,000 8/13/2013	$2,400,000 8/28/2013	5	3	0	2,494	10/4/2013
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