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 last week as oppose to 7 the week before. 6 listings changed status to pending last week as oppose to 4 the week before and 4 listings  closed escrow last week as oppose to 6 the week before.

All listings sold significantly above the asking price.

The inventory is very low.  The market remains a seller market.

If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.me to discuss a plan to sell your home.

Following is the detailed market activity for Palo Alto:

Active : 5
Pending : 6
Sold : 4

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
1101 ALMA STREET 241 Professorville	$1,799,000 2/20/2014	4	2	0	2,544
3125 GREER ROAD 233 South Palo Alto	$1,428,000 2/20/2014	3	1	0	1,004
385 SEALE AVENUE 237 Old Palo Alto	$3,750,000 2/19/2014	4	3	0	2,455
559 PATRICIA LANE 238 Green Gables	$1,950,000 2/18/2014	3	3	0	2,035
1443 HAMILTON AVENUE 239 Crescent Park	$3,995,000 2/18/2014	4	2	1	3,178

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
3540 RAMONA STREET 234 Midtown	$1,795,000 2/12/2014	N/A 2/20/2014	3	2	0	1,622	3/20/2014
407 ALDER LANE 233 South Palo Alto	$1,898,000 2/11/2014	N/A 2/21/2014	5	3	1	2,893	3/13/2014
3421 WAVERLEY STREET 234 Midtown	$1,899,000 2/11/2014	N/A 2/21/2014	3	1	0	1,235	2/27/2014
249 LOWELL AVENUE 237 Old Palo Alto	$7,950,000 2/5/2014	N/A 2/16/2014	4	3	1	4,015	3/8/2014
749 WEBSTER STREET #B 242 Downtown Palo Alto	$2,849,000 2/5/2014	N/A 2/21/2014	4	3	0	2,065	2/26/2014
3661 RAMONA CIRCLE 233 South Palo Alto	$1,700,000 12/26/2013	N/A 1/5/2014	3	2	0	1,318	2/24/2014

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1776 WAVERLEY STREET 237 Old Palo Alto	$5,950,000 2/20/2014	$5,950,000 2/20/2014	5	4	0	3,417	2/20/2014
864 BARRON AVENUE 232 Barron Park	$2,885,000 2/5/2014	$3,250,000 2/13/2014	5	4	1	3,351	2/19/2014
2914 SANDRA PLACE 233 South Palo Alto	$2,298,000 1/16/2014	$2,560,000 1/23/2014	3	2	0	2,012	2/3/2014
316 RAMONA STREET 242 Downtown Palo Alto	$2,800,000 1/9/2014	$2,800,000 1/31/2014	3	2	1	1,968	2/18/2014