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

We had 10 new listings of single family homes in Palo Alto last week as oppose to 9 the week before. 7 listings changed status to pending last week as oppose to 6 the week before and 4 listings  closed escrow last week as oppose  8  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 : 10
Pending : 7
Sold : 4

ACTIVE LISTINGS:

Address Area	List Price List Date	BR	FBA	PBA	SqFt
4170 OLD ADOBE ROAD 230 Palo Alto Hills	$7,950,000 3/9/2014	5	4	3	8,504
393 MACLANE STREET 235 Ventura	$1,998,000 3/6/2014	3	2	1	1,985
1449 UNIVERSITY AVENUE 239 Crescent Park	$3,250,000 3/6/2014	5	3	1	3,851
1750 EMERSON STREET 237 Old Palo Alto	$1,488,888 3/6/2014	2	2	0	1,158
804 LINCOLN AVENUE 240 Community Center	$4,800,000 3/5/2014	5	4	0	4,000
1457 PITMAN AVENUE 239 Crescent Park	$2,895,000 3/5/2014	3	3	0	2,066
759 EAST MEADOW DRIVE 233 South Palo Alto	$4,798,000 3/5/2014	7	7	1	5,337
1479 HAMILTON AVENUE 239 Crescent Park	$6,995,000 3/5/2014	8	7	2	5,225
3338 KIPLING STREET 234 Midtown	$2,100,000 3/5/2014	5	3	0	2,479
410 OXFORD AVENUE 236 College	$1,499,000 3/5/2014	2	1	0	858

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
849 MESA AVENUE 230 Palo Alto Hills	$2,598,000 3/7/2014	N/A 3/7/2014	3	2	0	1,978	3/14/2014
176 WAVERLEY STREET 242 Downtown Palo Alto	$1,898,000 2/27/2014	N/A 3/6/2014	3	2	1	1,900	3/13/2014
1135 COLLEGE AVENUE 236 College	$2,495,000 2/27/2014	N/A 3/5/2014	4	3	0	2,231	3/14/2014
2297 SAINT FRANCIS DRIVE 238 Green Gables	$1,498,000 2/26/2014	N/A 3/7/2014	2	2	0	1,120	4/8/2014
4266 NEWBERRY COURT 233 South Palo Alto	$1,998,000 2/26/2014	N/A 3/7/2014	4	2	0	2,200	3/27/2014
1443 HAMILTON AVENUE 239 Crescent Park	$3,995,000 2/18/2014	N/A 3/5/2014	4	2	1	3,178	4/2/2014
780 PALO ALTO AVENUE 239 Crescent Park	$2,395,000 2/12/2014	N/A 3/6/2014	5	3	0	2,491	3/21/2014

SOLD LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
1796 CHANNING AVENUE 238 Green Gables	$2,698,000 3/8/2014	$3,188,000 3/8/2014	4	3	1	2,505	3/8/2014
601 MATADERO AVENUE 232 Barron Park	$1,299,000 3/8/2014	$1,550,000 3/8/2014	3	2	0	1,488	3/8/2014
760 MATADERO AVENUE 232 Barron Park	$2,198,000 1/30/2014	$2,460,000 2/5/2014	4	3	0	2,128	3/7/2014
328 MIDDLEFIELD ROAD 242 Downtown Palo Alto	$1,998,000 1/28/2014	$2,535,000 2/7/2014	4	3	0	2,210	2/28/2014