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

We had 5 new listings of single family homes in Palo Alto. 7 house changed status to pending  and 12 listings  closed escrow last week.

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 two 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 : 5
Pending : 7
Sold : 12


ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
4160 HUBBARTT DRIVE 231 Green Acres	$1,875,000 10/27/2013	4	2	0	2,084
760 MAYVIEW AVENUE 233 South Palo Alto	$2,988,000 10/24/2013	4	3	1	2,813
860 SAN JUDE AVENUE 232 Barron Park	$2,098,000 10/23/2013	4	3	0	2,713
3475 JANICE WAY 233 South Palo Alto	$1,199,000 10/23/2013	4	2	0	1,659
3511 COWPER STREET 234 Midtown	$1,548,000 10/23/2013	3	2	0	1,794

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
2491 GREER ROAD 233 South Palo Alto	$1,398,000 10/17/2013	N/A 10/23/2013	3	2	0	1,356	11/15/2013
1414 HARKER AVENUE 240 Community Center	$2,495,000 10/17/2013	N/A 10/24/2013	4	3	0	2,701	11/14/2013
2895 EMERSON STREET 234 Midtown	$1,799,000 10/17/2013	N/A 10/23/2013	5	2	0	1,617	10/30/2013
723 MAYFIELD AVENUE 243 Stanford	$2,300,000 10/16/2013	N/A 10/24/2013	4	2	1	2,764	12/6/2013
3008 ROSS ROAD 234 Midtown	$2,388,000 10/10/2013	N/A 10/25/2013	4	3	1	3,047	11/20/2013
3445 LOUIS ROAD 233 South Palo Alto	$1,895,000 10/8/2013	N/A 10/22/2013	4	2	0	1,659	11/8/2013
1820 BRYANT STREET 237 Old Palo Alto	$3,895,000 5/29/2013	N/A 10/22/2013	5	4	1	3,487	11/14/2013

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
515 EAST MEADOW DRIVE 234 Midtown	$1,200,000 10/9/2013	$1,531,000 10/18/2013	4	2	0	1,561	10/25/2013
951 SHAUNA LANE 232 Barron Park	$2,395,000 10/7/2013	$2,700,000 10/16/2013	5	2	1	2,614	10/25/2013
840 LA PARA AVENUE 232 Barron Park	$1,695,000 9/26/2013	$1,929,000 10/2/2013	4	2	0	1,737	10/23/2013
792 ENCINA GRANDE DRIVE 232 Barron Park	$2,175,000 9/25/2013	$2,300,000 10/10/2013	5	3	0	2,394	10/25/2013
3178 RAMONA STREET 234 Midtown	$2,398,000 9/19/2013	$2,355,000 9/26/2013	4	3	0	2,175	10/24/2013
4263 PARK BOULEVARD 233 South Palo Alto	$1,098,000 9/18/2013	$1,200,000 9/27/2013	4	2	0	1,388	10/22/2013
3629 RAMONA CIRCLE 233 South Palo Alto	$2,398,000 9/18/2013	$2,500,000 9/25/2013	4	2	1	2,361	10/22/2013
4289 MIRANDA AVENUE 230 Palo Alto Hills	$1,295,000 9/18/2013	$1,550,000 9/25/2013	3	2	0	1,364	10/23/2013
558 JACKSON DRIVE 238 Green Gables	$1,895,000 9/12/2013	$2,250,018 9/18/2013	3	2	0	1,769	10/18/2013
561 HILBAR LANE 238 Green Gables	$2,398,000 9/11/2013	$2,700,000 9/19/2013	4	3	0	2,280	10/22/2013
950 GUINDA STREET 240 Community Center	$4,290,000 9/10/2013	$4,115,000 10/10/2013	6	4	0	4,359	10/24/2013
985 PARADISE WAY 232 Barron Park	$2,275,000 9/9/2013	$2,250,000 9/27/2013	5	3	0	2,426	10/21/2013