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

We had 18 new listings of single family homes in Palo Alto as oppose to 7 the week before. 9 house changed status to pending as oppose to 11 the week before and 6 listings  closed escrow last week the same as 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 one 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 : 18
Pending : 9
Sold : 6


ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
759 EAST MEADOW DRIVE 233 South Palo Alto	$4,850,000 10/11/2013	7	7	1	5,337
3377 ROSS ROAD 233 South Palo Alto	$2,998,000 10/10/2013	5	3	1	2,860
3008 ROSS ROAD 234 Midtown	$2,388,000 10/10/2013	4	3	1	3,047
1478 KINGS LANE 239 Crescent Park	$2,198,000 10/9/2013	4	2	0	2,162
3181 EMERSON STREET 234 Midtown	$1,998,000 10/9/2013	4	3	1	2,187
771 HAMILTON AVENUE 239 Crescent Park	$3,298,000 10/9/2013	4	2	1	2,796
1032 AMARILLO AVENUE 233 South Palo Alto	$1,198,000 10/9/2013	3	1	0	1,368
4155 ABEL AVENUE 232 Barron Park	$1,498,000 10/9/2013	3	1	0	905
439 SAN ANTONIO ROAD 233 South Palo Alto	$1,399,000 10/9/2013	4	2	0	1,697
515 EAST MEADOW DRIVE 234 Midtown	$1,200,000 10/9/2013	4	2	0	1,561
2203 SOUTH COURT 237 Old Palo Alto	$3,195,000 10/9/2013	3	1	1	2,096
3445 LOUIS ROAD 233 South Palo Alto	$1,895,000 10/8/2013	4	2	0	1,659
187 BYRON STREET 242 Downtown Palo Alto	$2,498,000 10/8/2013	3	2	0	1,780
385 PARKSIDE DRIVE 233 South Palo Alto	$2,595,000 10/8/2013	5	3	1	2,571
412 Gene COURT 233 South Palo Alto	$1,560,900 10/7/2013	4	3	1	2,121
951 SHAUNA LANE 232 Barron Park	$2,395,000 10/7/2013	5	2	1	2,614
3488 Ramona STREET 234 Midtown	$1,799,880 9/12/2013	4	2	1	1,889
470 RUTHVEN AVENUE 242 Downtown Palo Alto	$3,499,000 4/5/2013	4	3	1	2,618

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1521 ESCOBITA AVENUE 236 College	$2,498,000 10/2/2013	N/A 10/10/2013	5	4	0	2,452	10/22/2013
2350 RAMONA STREET 237 Old Palo Alto	$1,830,000 10/2/2013	N/A 10/11/2013	3	1	1	1,537	11/1/2013
2230 LOUIS ROAD 238 Green Gables	$1,395,000 10/2/2013	N/A 10/9/2013	3	1	1	1,120	10/30/2013
3776 LA DONNA AVENUE 232 Barron Park	$1,898,000 9/29/2013	N/A 10/8/2013	5	5	0	2,348	10/29/2013
792 ENCINA GRANDE DRIVE 232 Barron Park	$2,175,000 9/25/2013	N/A 10/10/2013	5	3	0	2,394	10/24/2013
239 MATADERO AVENUE 235 Ventura	$1,398,000 9/19/2013	N/A 10/11/2013	3	2	0	1,280	11/6/2013
1730 UNIVERSITY AVENUE 239 Crescent Park	$2,998,000 9/18/2013	N/A 10/4/2013	4	3	1	2,773	10/29/2013
950 GUINDA STREET 240 Community Center	$4,290,000 9/10/2013	N/A 10/10/2013	6	4	0	4,359	10/31/2013
245 RAMONA STREET 242 Downtown Palo Alto	$2,398,000 9/3/2013	N/A 9/12/2013	4	2	0	3,450	10/15/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3727 CASS WAY 232 Barron Park	$1,495,000 9/26/2013	$1,700,000 10/2/2013	3	2	0	1,416	10/9/2013
3525 COWPER STREET 234 Midtown	$1,298,000 9/19/2013	$1,650,000 9/26/2013	3	2	0	1,086	10/3/2013
1425 Cowper STREET 241 Professorville	$1,999,000 9/10/2013	$2,000,000 9/23/2013	3	3	0	1,944	10/3/2013
355 CHANNING AVENUE 242 Downtown Palo Alto	$2,995,000 9/5/2013	$2,948,000 9/19/2013	3	3	1	2,480	10/1/2013
816 AMES AVENUE 233 South Palo Alto	$2,898,000 9/3/2013	$3,000,000 9/12/2013	4	3	1	2,893	10/8/2013
370 ELY PLACE 233 South Palo Alto	$1,450,000 8/22/2013	$1,680,000 8/30/2013	3	2	0	1,134	10/8/2013