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Palo Alto Real Estate Report: Homes Listed and Sold - Week of 1/27/2012 (Published on Fridays)

This weekend should bring us spring-like weather and lots of sunshine.  It should be perfect time to shop for a home and to experience the best of California indoor-outdoor living.  The week in numbers:

  • 16 homes were listed this week, 10 single family homes and 6 condos.  The inventory is starting to grow but is still pretty low - there is currently 49 active listings in Palo Alto.
  • 10 new contracts were accepted and homes went into pending state.
  • 10 escrows were closed this week.  Note that two of  the homes closed in less than 2 weeks after going into pending state and were sold significantly higher than asking price.  This is an indication of continuing strong sellers market in Palo Alto and confirms desirability of our community.

If you are planning to sell your home in 2012, now is the time to plan to prepare your home and pick the best sales strategy for you.  Contact Elena or Michael Talis at 650.766.6100 for professional advice and consultation.
To receive Palo Alto Real Estate Report over e-mail follow this registration link.
To see all current Palo Alto listings go to TalisRealEstate.com.
Use this link to see all Palo Alto Real Estate Market Weekly Reports.

Street Address Status Bed Bath Orig. List Price List Price Sale Price List Date DOM* COE**
445 GUINDA ST Active 2 1 $1,195,000 $1,195,000
1/25/2012 1
3188 STELLING DR Active 3 2 $1,175,000 $1,175,000
1/25/2012 1
3245 BRYANT ST Active 5 3 $1,798,000 $1,798,000
1/25/2012 1
3370 PARK BL Active 1 1 $508,888 $508,888
1/25/2012 1
529 MAYBELL AVE Active 4 3 $1,650,000 $1,650,000
1/25/2012 1
3180 MORRIS DR Active 3 2 $1,098,000 $1,098,000
1/25/2012 1
510 WASHINGTON AVE Active 4 4+ $3,850,000 $3,850,000
1/25/2012 1
1545 ALMA ST Active 2 2.5 $1,499,000 $1,499,000
1/24/2012 2
4217 MANUELA AVE Active 5 4+ $3,195,000 $3,195,000
1/23/2012 3
1030 GREENWOOD AVE Active 4 3 $1,999,000 $1,999,000
1/21/2012 5
566 VISTA AVE Active 1 1 $378,000 $378,000
1/26/2012 0
2075 YALE ST Active 2 2.5 $799,000 $799,000
1/25/2012 1
135 BRYANT ST Active 2 2.5 $995,000 $995,000
1/25/2012 1
4250 EL CAMINO REAL UNIT A310 Active 1 1 $349,900 $349,900
1/20/2012 6
155 S CALIFORNIA AVE UNIT G102 Active 2 2 $825,000 $825,000
1/19/2012 7
157 S CALIFORNIA AVE UNIT H100 Active 2 2 $849,000 $849,000
1/19/2012 7
3858 MAGNOLIA DR Pending 4 2.5 $1,849,000 $1,849,000
1/19/2012 6 2/15/2012
2340 DARTMOUTH ST Pending 6+ 4+ $2,795,000 $2,795,000
1/19/2012 7 2/2/2012
3500 EMMA CT Pending 4 3.5 $2,250,000 $2,250,000
1/19/2012 4 2/21/2012
715 SEMINOLE WAY Pending 3 2 $1,085,000 $1,085,000
1/18/2012 7 2/14/2012
3743 REDWOOD CIR Pending 3 2 $1,149,000 $1,149,000
1/12/2012 11 2/22/2012
3665 RAMONA CIR Pending 4 2 $1,489,000 $1,489,000
12/7/2011 41 2/14/2012
651 E MEADOW DR Pending 5 3 $1,267,000 $1,267,000
1/10/2012 16 3/1/2012
55 PETER COUTTS CIR Pending 2 2 $699,000 $665,000
6/2/2011 215 2/9/2012
100 FERNE AVE Pending 2 2 $499,000 $499,000
1/12/2012 8 5/1/2012
330 BRYANT ST Pending 3 2.5 $1,288,000 $1,245,000
10/6/2011 110 2/17/2012
185 WALTER HAYS DR Sold 3 2 $1,398,000 $1,398,000 $1,655,000 1/12/2012 7 1/25/2012
769 ROSEWOOD DR Sold 2 2 $1,050,000 $1,050,000 $1,515,000 1/7/2012 4 1/20/2012
971 MADDUX DR Sold 4 2 $1,195,000 $1,195,000 $1,361,000 12/9/2011 14 1/24/2012
2505 GREER RD Sold 3 2 $1,198,000 $1,198,000 $1,200,000 11/30/2011 7 1/20/2012
169 TASSO ST Sold 4 3 $1,599,000 $1,599,000 $1,727,500 11/30/2011 12 1/18/2012
2767 GREER RD Sold 3 2 $1,150,000 $1,150,000 $1,192,433 11/16/2011 26 12/20/2011
959 OREGON AVE Sold 4 2 $1,298,000 $1,199,000 $1,199,000 11/10/2011 30 1/19/2012
3726 CARLSON CIR Sold 4 2 $1,288,000 $1,275,000 $1,226,000 11/9/2011 31 1/17/2012
444 SAN ANTONIO RD UNIT 3D Sold 3 2.5 $899,000 $849,000 $825,000 9/12/2011 86 1/20/2012
800 HIGH ST UNIT 203 Sold 2 2 $1,050,000 $1,050,000 $980,000 9/8/2011 110 1/26/2012

*DOM - Days On Market
**COE - Close Of Escrow