Palo Alto http://paloaltocal.com Real Estate and News Blog by Elena and Michael Talis posterous.com Thu, 24 May 2012 23:11:00 -0700 Homes Listed and Sold in Palo Alto - Week of 5/25/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-52 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-52

Going into the Labor Day weekend, Palo Alto real estate market listing activity was low.  Somehow it seems that Facebook IPO took wind out of the sails and listing dwindled comparing with the last week.  The new contracts however continued at the level similar to previous weeks - see pending sales section below.  We hope for another large set of new listing coming to the market next week.

This week in numbers:

  • 9 homes were listed this week comparing with 29 last week.  Same week last year 13 new homes were listed.  The inventory of homes available for sale dropped to 71 units, 10 less than last week.
  • 17 new contracts were accepted this week, just one less than a week ago.  Same week last year 22 homes went into pending state.
  • Only 15 escrows were closed this week and 17 homes change owners same week a year ago.
  • Only 3 homes failed to sell and were taken off the market.

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**
3424 COWPER CT Active 6+ 4+ $2,750,000 $2,750,000
5/23/2012 1
520 BARRON AVE Active 3 2 $1,050,000 $1,050,000
5/22/2012 2
2480 AGNES WAY Active 3 2 $1,299,000 $1,299,000
5/21/2012 3
508 MILITARY WAY Active 2 2 $825,000 $825,000
5/21/2012 3
863 WARREN WAY Active 3 2 $1,495,000 $1,495,000
5/3/2012 21
785 BARRON AVE Active 3 2 $1,299,000 $1,195,000
4/28/2012 26
427 ALMA ST UNIT 106 Active 2 2 $868,000 $868,000
5/23/2012 1
777 SAN ANTONIO RD UNIT 50 Active 2 2 $550,000 $550,000
5/22/2012 2
365 FOREST AVE UNIT 3A Active 3 2 $1,098,000 $1,098,000
5/19/2012 5
2665 RAMONA ST Pending 5 4+ $2,680,000 $2,680,000
5/17/2012 5 6/6/2012
737 E CHARLESTON RD Pending 3 2 $1,098,000 $1,098,000
5/17/2012 6 6/22/2012
474 FERNE AVE Pending 4 2 $1,599,000 $1,599,000
5/17/2012 5 6/21/2012
729 LA PARA AVE Pending 5 3 $1,595,000 $1,595,000
5/16/2012 7 5/31/2012
770 HOMER AVE Pending 3 2 $1,599,000 $1,599,000
5/16/2012 7 6/13/2012
740 MAYVIEW AVE Pending 5 4+ $2,398,000 $2,398,000
5/16/2012 8 6/5/2012
711 PAUL AVE Pending 4 2 $1,250,000 $1,250,000
5/10/2012 7 6/12/2012
1451 COWPER ST Pending 2 1 $1,195,000 $1,195,000
5/9/2012 15 6/21/2012
380 WILTON AVE Pending 3 2 $1,195,000 $1,195,000
5/9/2012 12 6/5/2012
1007 FOREST CT Pending 3 2 $2,495,000 $2,325,000
4/17/2012 37 6/14/2012
3855 MAGNOLIA DR Pending 4 3.5 $2,248,000 $2,299,000
2/29/2012 84 6/8/2012
764 CHANNING AVE Pending 4 2 $2,325,000 $2,325,000
4/3/2012 48 6/29/2012
219 MATADERO AVE Pending 4 3 $1,749,000 $1,749,000
5/2/2012 21 6/22/2012
4128 THAIN WAY Pending 2 2 $929,000 $929,000
4/26/2012 8 5/31/2012
455 GRANT AVE UNIT 12 Pending 2 2 $600,000 $600,000
5/10/2012 9 6/15/2012
435 SHERIDAN AVE UNIT 105 Pending 2 2 $898,000 $898,000
5/9/2012 12 6/20/2012
325 CHANNING AVE UNIT 309 Pending 2 2 $1,800,000 $1,800,000
4/13/2012 39 6/16/2012
1920 BYRON ST Sold 6+ 4+ $5,098,000 $5,098,000 $5,098,000 5/3/2012 3 5/18/2012
4075 CAMPANA DR Sold 3 1.5 $1,200,000 $1,200,000 $1,476,000 4/26/2012 7 5/21/2012
1856 MARK TWAIN ST Sold 4 3 $2,695,000 $2,695,000 $2,775,000 4/25/2012 8 5/22/2012
483 FULTON ST Sold 4 3 $1,999,000 $1,999,000 $2,300,000 4/25/2012 8 5/17/2012
2669 GREER RD Sold 4 2 $1,395,000 $1,395,000 $1,560,000 4/18/2012 9 5/22/2012
3280 ROSS RD Sold 4 2.5 $1,547,000 $1,547,000 $1,659,000 4/12/2012 8 5/22/2012
747 ROSEWOOD DR Sold 5 4+ $2,998,000 $2,998,000 $3,300,000 4/11/2012 7 5/18/2012
3745 LA SELVA DR Sold 3 2 $998,000 $998,000 $1,100,000 4/5/2012 13 5/18/2012
3366 VERNON TE Sold 5 4+ $2,248,000 $2,248,000 $2,255,000 4/5/2012 13 5/16/2012
1159 LINCOLN AVE Sold 6+ 3.5 $3,250,000 $3,250,000 $3,325,000 3/22/2012 8 5/21/2012
733 ALVARADO CT Sold 5 3.5 $1,749,000 $1,659,000 $1,659,000 3/13/2012 36 5/18/2012
800 HIGH ST UNIT 115 Sold 2 2 $998,000 $998,000 $1,038,000 4/26/2012 7 5/23/2012
325 CHANNING AVE UNIT 104 Sold 2 2.5 $1,750,000 $1,750,000 $1,950,000 4/12/2012 18 5/18/2012
240 FOREST AVE Sold 2 2 $899,000 $899,000 $890,000 1/19/2012 48 5/21/2012
100 FERNE AVE Sold 2 2 $499,000 $499,000 $510,000 1/12/2012 8 5/11/2012
3424 COWPER CT Canceled 6+ 4+ $2,890,000 $2,890,000
5/1/2012 22
126 SEALE AVE Canceled 6+ 4+ $1,995,000 $1,995,000
4/16/2012 36
1565 WEBSTER ST Withdrawn 5 4+ $5,495,000 $5,495,000
3/28/2012 54

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 17 May 2012 22:29:00 -0700 Homes Listed and Sold in Palo Alto - Week of 5/18/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-51-46432 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-51-46432

The market kicked into high gear after the Mothers Day with almost record number of listings.  Note that relatively low number of closed transactions is due to low inventories we experienced in mid-April.  The week in numbers:

  • 29 homes were listed this week, 27 single family homes and 2 condos.  It is 11 less than last week and the second most listings in a week since the beginning of the year.  Same week last year 25 new homes were listed.  The inventory of homes available for sale continued increasing and reached 81 units.
  • 18 new contracts were accepted this week while a year ago 26 homes went into pending state.
  • Only 10 escrows were closed this week and 18 homes change owners same week a year ago.
  • Only 2 homes failed to sell and were taken off the market.

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**
737 E CHARLESTON RD Active 3 2 $1,098,000 $1,098,000
5/17/2012 0
821 SAN FRANCISCO CT Active 3 3 $1,650,000 $1,650,000
5/17/2012 0
474 FERNE AVE Active 4 2 $1,599,000 $1,599,000
5/17/2012 0
3760 WRIGHT PL Active 4 2.5 $1,525,000 $1,525,000
5/17/2012 0
1734 FULTON ST Active 4 4+ $4,450,000 $4,450,000
5/17/2012 0
1856 CHANNING AVE Active 3 2 $1,398,000 $1,398,000
5/17/2012 0
387 ELY PL Active 3 3.5 $2,498,000 $2,498,000
5/17/2012 0
2665 RAMONA ST Active 5 4+ $2,680,000 $2,680,000
5/17/2012 0
2783 RANDERS CT Active 5 4+ $2,999,888 $2,999,888
5/17/2012 0
2150 WAVERLEY ST Active 4 3 $4,975,000 $4,975,000
5/17/2012 0
4250 POMONA AVE Active 6+ 4+ $1,998,000 $1,998,000
5/16/2012 1
467 GARY CT Active 4 4+ $2,398,000 $2,398,000
5/16/2012 1
729 LA PARA AVE Active 5 3 $1,595,000 $1,595,000
5/16/2012 1
868 LINCOLN AVE Active 4 3 $2,495,000 $2,495,000
5/16/2012 1
5065 SKYLINE BL Active 3 2.5 $1,435,000 $1,435,000
5/16/2012 1
770 HOMER AVE Active 3 2 $1,599,000 $1,599,000
5/16/2012 1
896 MELVILLE AVE Active 6+ 4+ $5,680,000 $5,680,000
5/16/2012 1
470 RUTHVEN AVE Active 4 3.5 $3,195,000 $3,195,000
5/16/2012 1
740 MAYVIEW AVE Active 5 4+ $2,398,000 $2,398,000
5/16/2012 1
4270 MANUELA WAY Active 4 3 $1,995,000 $1,995,000
5/16/2012 1
446 RUTHVEN AVE Active 4 3 $2,688,000 $2,688,000
5/15/2012 2
568 RHODES DR Active 4 2 $1,695,000 $1,695,000
5/15/2012 2
350 W MEADOW DR Active 5 4+ $2,398,888 $2,398,888
5/15/2012 2
867 E MEADOW DR Active 3 2 $1,200,000 $1,200,000
5/15/2012 2
1563 MARIPOSA AVE Active 2 1 $1,195,000 $1,195,000
5/14/2012 3
624 GEORGIA AVE Active 5 3 $1,895,000 $1,895,000
5/12/2012 5
3544 EMERSON ST Active 4 2 $1,395,000 $1,395,000
5/10/2012 7
896 ALTAIRE WALK Active 3 2.5 $819,000 $819,000
5/15/2012 2
407 ALDER LN Active 5 3.5 $1,595,000 $1,595,000
5/15/2012 2
745 OREGON AVE Pending 2 1.5 $899,000 $899,000
5/8/2012 6 6/14/2012
802 BRUCE DR Pending 5 3 $1,695,000 $1,695,000
5/3/2012 8 6/1/2012
1920 BYRON ST Pending 6+ 4+ $5,098,000 $5,098,000
5/3/2012 3 5/18/2012
3895 LA DONNA AVE Pending 3 2 $1,150,000 $1,150,000
5/3/2012 7 5/31/2012
2040 AMHERST ST Pending 2 1 $1,199,000 $1,199,000
4/30/2012 16 6/18/2012
2108 BELLVIEW DR Pending 4 2.5 $1,850,000 $1,850,000
4/26/2012 15 6/13/2012
644 S CALIFORNIA AVE Pending 2 1 $1,298,000 $1,298,000
4/25/2012 8 5/31/2012
1500 MIDDLEFIELD RD Pending 4 2 $1,698,000 $1,698,000
4/18/2012 10 5/28/2012
886 CHIMALUS DR Pending 4 3.5 $2,600,000 $2,600,000
5/2/2012 13 5/25/2012
711 PAUL AVE Pending 4 2 $1,250,000 $1,250,000
5/10/2012 7 6/12/2012
2361 LOUIS RD Pending 3 2 $1,488,000 $1,488,000
5/10/2012 6 6/6/2012
863 WARREN WAY Pending 3 2 $1,495,000 $1,495,000
5/3/2012 13 6/21/2012
785 BARRON AVE Pending 3 2 $1,299,000 $1,299,000
4/28/2012 14 6/28/2012
4040 PARK BL Pending 3 1 $1,215,000 $1,215,000
4/26/2012 20 6/13/2012
746 HOMER AVE Pending 2 1 $838,000 $838,000
4/25/2012 19 6/12/2012
305 EMERSON ST Pending 3 2.5 $1,875,000 $1,875,000
4/18/2012 24 5/25/2012
2898 SOUTH CT Sold 3 1 $16,900,000 $1,690,000 $1,690,000 5/17/2012 0 5/17/2012
3196 KIPLING ST Sold 4 2 $1,498,000 $1,498,000 $1,600,000 4/26/2012 8 5/16/2012
731 LINCOLN AVE Sold 2 2.5 $1,329,000 $1,329,000 $1,525,000 4/26/2012 7 5/17/2012
2140 BYRON ST Sold 3 2.5 $2,395,000 $2,395,000 -- 4/24/2012 9 5/11/2012
3519 SOUTH CT Sold 4 2 $1,375,000 $1,375,000 $1,602,000 4/18/2012 8 5/16/2012
365 PARKSIDE DR Sold 5 2 $1,595,000 $1,595,000 $1,750,000 4/17/2012 11 5/10/2012
345 SEQUOIA AVE Sold 4 3 $2,495,000 $2,495,000 $2,350,000 4/12/2012 7 5/17/2012
642 WEBSTER ST Sold 4 4+ $1,998,000 $1,998,000 $2,345,000 4/10/2012 9 5/11/2012
410 SHERIDAN AVE UNIT 444 Sold 1 1 $499,000 $499,000 $580,000 4/25/2012 8 5/11/2012
315 HOMER AVE UNIT 109 Sold 2 2 $1,388,000 $1,388,000 $1,400,000 4/17/2012 2 5/15/2012
1800 WEBSTER ST Canceled 5 4+ $4,695,000 $4,695,000
3/9/2012 67
2783 RANDERS CT Canceled 5 4+ $3,648,000 $2,999,000
11/9/2011 190

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 11 May 2012 00:22:26 -0700 Homes Listed and Sold in Palo Alto - Week of 5/11/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-51 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-51

The week in numbers:

  • 18 homes were listed this week, 15 single family homes and 3 condos.  It is 2 less than last week.  Same week last year 15 new homes were listed.  The inventory of homes available for sale slightly increased from last week reaching 66 units.
  • 17 new contracts were accepted this week while a year ago 15 homes went into pending state.
  • 12 escrows were closed this week wand 14 homes change owners same week a year ago.
  • Only 2 homes failed to sell and were taken off the market.

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**
253 ADDISON AVE Active 2 1 $985,000 $985,000
5/10/2012 0
760 MATADERO AVE Active 4 3 $1,880,000 $1,880,000
5/10/2012 0
711 PAUL AVE Active 4 2 $1,250,000 $1,250,000
5/10/2012 0
3675 LA CALLE CT Active 3 3.5 $1,925,000 $1,925,000
5/10/2012 0
524 EVERETT CT Active 2 2.5 $4,295,000 $4,295,000
5/10/2012 0
3544 EMERSON ST Active 4 2 $1,395,000 $1,395,000
5/10/2012 0
2361 LOUIS RD Active 3 2 $1,488,000 $1,488,000
5/10/2012 0
4303 MIRANDA AVE Active 3 1 $1,499,000 $1,499,000
5/9/2012 1
450 EL ESCARPADO Active 6+ 4+ $3,350,000 $3,350,000
5/9/2012 1
380 WILTON AVE Active 3 2 $1,195,000 $1,195,000
5/9/2012 1
1451 COWPER ST Active 2 1 $1,195,000 $1,195,000
5/9/2012 1
878 MORENO AVE Active 5 3 $2,498,000 $2,498,000
5/9/2012 1
956 ADDISON AVE Active 5 3.5 $4,498,000 $4,498,000
5/9/2012 1
745 OREGON AVE Active 2 1.5 $899,000 $899,000
5/8/2012 2
2051 WAVERLEY ST Active 5 4+ $11,495,000 $11,495,000
5/4/2012 6
886 CHIMALUS DR Active 4 3.5 $2,600,000 $2,600,000
5/2/2012 8
405 MARLOWE ST Active 4 3 $2,495,000 $2,649,000
8/24/2011 260
455 GRANT AVE UNIT 12 Active 2 2 $600,000 $600,000
5/10/2012 0
435 SHERIDAN AVE UNIT 105 Active 2 2 $898,000 $898,000
5/9/2012 1
4250 EL CAMINO REAL UNIT 129 Active 1 1 $465,000 $465,000
5/9/2012 1
539 JEFFERSON DR Pending 5 4+ $2,195,000 $2,195,000
5/2/2012 7 6/8/2012
1514 WALNUT DR Pending 3 2 $1,395,000 $1,395,000
4/26/2012 8 5/24/2012
3395 LOUIS RD Pending 4 2 $1,495,000 $1,495,000
4/26/2012 8 5/18/2012
3196 KIPLING ST Pending 4 2 $1,498,000 $1,498,000
4/26/2012 8 5/16/2012
770 GARLAND DR Pending 3 2 $1,495,000 $1,495,000
4/25/2012 9 5/29/2012
3309 KENNETH DR Pending 4 3 $1,598,000 $1,598,000
4/18/2012 8 5/25/2012
699 ASHTON AVE Pending 3 1 $988,000 $988,000
4/14/2012 8 5/15/2012
3370 PARK BL Pending 1 1 $508,888 $508,888
1/25/2012 100 6/4/2012
1920 BYRON ST Pending 6+ 4+ $5,098,000 $5,098,000
5/3/2012 3 5/18/2012
3263 MURRAY WAY Pending 4 2.5 $1,798,000 $1,798,000
4/25/2012 9 6/2/2012
735 DOLORES ST Pending 6+ 4+ $3,795,000 $3,795,000
4/3/2012 32 6/2/2012
800 HIGH ST UNIT 115 Pending 2 2 $998,000 $998,000
4/26/2012 7 5/23/2012
410 SHERIDAN AVE UNIT 444 Pending 1 1 $499,000 $499,000
4/25/2012 8 5/14/2012
4153 EL CAMINO WAY UNIT F Pending 3 2 $350,000 $350,000
5/1/2012 6 7/30/2012
425 GRANT AVE UNIT 29 Pending 3 2 $699,000 $699,000
4/26/2012 8 6/14/2012
365 FOREST AVE UNIT 4C Pending 3 2 $1,000,000 $1,000,000
4/19/2012 15 6/5/2012
4128 THAIN WAY Pending 2 2 $929,000 $929,000
4/26/2012 8 6/5/2012
920 HAMILTON AVE Sold 5 3 $2,995,000 $2,995,000 $2,990,000 4/25/2012 8 5/9/2012
175 HEATHER LN Sold 4 3 $2,230,000 $2,230,000 $2,425,000 4/16/2012 10 5/9/2012
415 LOWELL AVE Sold 5 2.5 $3,195,000 $3,195,000 $3,195,000 4/11/2012 14 5/4/2012
515 W CRESCENT DR Sold 3 2 $1,920,000 $1,920,000 $2,200,000 3/28/2012 12 5/1/2012
1924 EDGEWOOD DR Sold 4 3 $1,495,000 $1,495,000 $1,702,000 3/26/2012 10 5/4/2012
641 E MEADOW DR Sold 3 2 $1,150,000 $1,150,000 $1,200,000 3/23/2012 5 5/7/2012
220 EL VERANO AVE Sold 3 2 $1,090,000 $1,090,000 $1,320,000 3/14/2012 11 5/4/2012
2360 EMERSON ST Sold 4 2 $2,350,000 $2,198,000 $2,125,000 3/8/2012 21 5/10/2012
126 FERNE AVE Sold 2 2 $639,000 $639,000 $710,000 3/29/2012 7 5/4/2012
251 BRYANT ST Sold 2 2.5 $825,000 $825,000 $960,000 3/28/2012 8 5/8/2012
1433 ALMA ST Sold 2 1 $795,000 $795,000 $725,000 3/19/2012 15 5/4/2012
455 GRANT AVE UNIT 3 Sold 2 2 $634,950 $634,950 $620,000 3/8/2012 28 5/8/2012
878 MORENO AVE Canceled 5 3 $2,695,000 $2,695,000
4/10/2012 27
2441 COWPER ST Withdrawn 2 1.5 $1,075,000 $1,075,000
4/24/2012 15

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 04 May 2012 04:07:00 -0700 Homes Listed and Sold in Palo Alto - Week of 5/4/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-54 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-54

The pace of the new listing slowed down this week.  And while we hear a lot of rumors about new upcoming listings, these homes haven't hit the market yet.  The week in numbers:

  • 20 homes were listed this week, 17 single family homes and 3 condos.  It is 10 less than last week.  Same week last year only 13 new homes were listed.  The inventory of homes available for sale dropped to 62 units.
  • 21 new contracts were accepted this week reflecting the increase of inventory.  A year ago 25 homes went into pending state.
  • 9 escrows were closed this week while 21 homes change owners same week a year ago.
  • 6 homes failed to sell and were taken off the market.

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**
1920 BYRON ST Active 6+ 4+ $5,098,000 $5,098,000
5/3/2012 1
4174 OAK HILL AVE Active 4 2.5 $2,698,000 $2,698,000
5/3/2012 1
3895 LA DONNA AVE Active 3 2 $1,150,000 $1,150,000
5/3/2012 1
863 WARREN WAY Active 3 2 $1,495,000 $1,495,000
5/3/2012 1
802 BRUCE DR Active 5 3 $1,695,000 $1,695,000
5/3/2012 1
1515 CHANNING AVE Active 3 2 $1,995,000 $1,995,000
5/3/2012 1
249 LOWELL AVE Active 4 3.5 $5,100,000 $5,100,000
5/2/2012 2
539 JEFFERSON DR Active 5 4+ $2,195,000 $2,195,000
5/2/2012 2
219 MATADERO AVE Active 4 3 $1,749,000 $1,749,000
5/2/2012 2
1290 UNIVERSITY AVE Active 4 3 $2,995,000 $2,995,000
5/2/2012 2
646 FOREST AVE UNIT B Active 3 2.5 $1,798,000 $1,798,000
5/2/2012 2
524 CHIMALUS DR Active 5 4+ $2,798,000 $2,798,000
5/1/2012 3
3424 COWPER CT Active 6+ 4+ $2,890,000 $2,890,000
5/1/2012 3
1820 BRYANT ST Active 5 4+ $3,995,000 $3,995,000
5/1/2012 3
2040 AMHERST ST Active 2 1 $1,199,000 $1,199,000
4/30/2012 4
785 BARRON AVE Active 3 2 $1,299,000 $1,299,000
4/28/2012 6
833 SONOMA TE Active 4 2.5 $1,448,000 $1,448,000
4/27/2012 7
3855 MAGNOLIA DR Active 4 3.5 $2,248,000 $2,299,000
2/29/2012 65
4153 EL CAMINO WAY UNIT F Active 3 2 $350,000 $350,000
5/1/2012 3
555 BYRON ST UNIT 101 Active 3 2.5 $1,050,000 $1,050,000
4/28/2012 6
4075 CAMPANA DR Pending 3 1.5 $1,200,000 $1,200,000
4/26/2012 7 5/17/2012
731 LINCOLN AVE Pending 2 2.5 $1,329,000 $1,329,000
4/26/2012 7 5/17/2012
483 FULTON ST Pending 4 3 $1,999,000 $1,999,000
4/25/2012 8 5/17/2012
920 HAMILTON AVE Pending 5 3 $2,995,000 $2,995,000
4/25/2012 8 5/9/2012
1856 MARK TWAIN ST Pending 4 3 $2,695,000 $2,695,000
4/25/2012 8 5/22/2012
1533 WALNUT DR Pending 3 2 $1,649,000 $1,649,000
4/24/2012 9 5/31/2012
2140 BYRON ST Pending 3 2.5 $2,395,000 $2,395,000
4/24/2012 9 5/11/2012
3831 MAY CT Pending 3 2 $1,498,000 $1,498,000
4/19/2012 8 5/25/2012
3198 WAVERLEY ST Pending 4 2 $1,798,000 $1,798,000
4/18/2012 9 5/30/2012
2669 GREER RD Pending 4 2 $1,395,000 $1,395,000
4/18/2012 9 5/21/2012
365 PARKSIDE DR Pending 5 2 $1,595,000 $1,595,000
4/17/2012 11 5/11/2012
251 WASHINGTON AVE Pending 4 2.5 $2,695,000 $2,695,000
4/11/2012 18 5/29/2012
1820 ASH ST Pending 1 1 $1,149,500 $1,149,500
12/7/2011 20 3/1/2012
644 S CALIFORNIA AVE Pending 2 1 $1,298,000 $1,298,000
4/25/2012 8 5/31/2012
863 BRUCE DR Pending 4 2 $1,598,000 $1,598,000
4/24/2012 9 6/6/2012
4160 MACKAY DR Pending 2 2 $1,499,000 $1,499,000
4/23/2012 10 6/1/2012
1500 MIDDLEFIELD RD Pending 4 2 $1,698,000 $1,698,000
4/18/2012 10 5/28/2012
1001 PLOVER LN Pending 3 2.5 $1,050,000 $1,050,000
4/25/2012 6 5/31/2012
315 HOMER AVE UNIT 109 Pending 2 2 $1,388,000 $1,388,000
4/17/2012 2 5/11/2012
325 CHANNING AVE UNIT 104 Pending 2 2.5 $1,750,000 $1,750,000
4/12/2012 18 5/18/2012
777 SAN ANTONIO RD UNIT 19 Pending 2 1 $485,000 $485,000
4/25/2012 8 6/1/2012
1629 CHANNING AVE Sold 4 3 $1,999,000 $1,999,000 $2,400,000 4/16/2012 10 5/2/2012
830 GARLAND DR Sold 3 2 $1,495,000 $1,495,000 $1,692,000 4/11/2012 8 4/27/2012
827 LATHROP DR Sold 4 2 $1,295,000 $1,295,000 $1,612,000 3/28/2012 14 5/3/2012
2316 AMHERST ST Sold 4 3 $1,498,000 $1,498,000 $1,650,000 3/27/2012 9 4/25/2012
1321 HARKER AVE Sold 5 4+ $5,398,000 $5,398,000 $5,550,000 3/21/2012 8 4/27/2012
831 HOMER AVE Sold 4 3.5 $3,395,000 $3,395,000 $3,250,000 3/21/2012 28 5/1/2012
3633 SOUTH CT Sold 4 2 $1,375,000 $1,375,000 $1,501,000 3/21/2012 8 4/27/2012
3180 COWPER ST Sold 6+ 4+ $2,998,000 $2,998,000 $3,150,000 3/20/2012 8 4/30/2012
4107 PARK BL Sold 3 2 $929,000 $929,000 $990,000 3/1/2012 13 4/25/2012
1441 DANA AVE Canceled 4 3 $3,295,000 $3,295,000
3/29/2012 32
646 FOREST AVE Canceled 3 2.5 $1,850,000 $1,850,000
3/26/2012 37
446 WILTON AVE Canceled 4 2 $998,000 $998,000
3/9/2012 52
405 MARLOWE ST Expired 4 3 $2,495,000 $2,370,000
8/24/2011 251
711 MAYVIEW AVE Withdrawn 5 3.5 $1,950,000 $1,950,000
2/7/2012 86
4159 OLD ADOBE RD Withdrawn 3 2 $3,195,000 $3,195,000
9/15/2011 231

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 26 Apr 2012 23:09:00 -0700 Homes Listed and Sold in Palo Alto - Week of 4/27/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-42-1361 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-42-1361

This was the most active listing week in Palo Alto since week of April 15th of 2011.  The inventory jumped to 71 homes available for sale.  With the demand for housing being so strong lately, I think the market will be absorb these new arrival with no problems.  Another couple weeks like this, however, will put a damper on the price growth.

The week in numbers:

  • 30 homes were listed this week, 24 single family homes and 6 condos.  It is 5 more than last week.  Same week last year 25 homes were put on the market.  The inventory increased by 8 homes this week reaching 71 units available for sale setting the high mark for the year.
  • 18 new contracts were accepted this week vs. 16 last week.  A year ago 28 homes went into pending state.
  • 17 escrows were closed this week while 13 homes change owners same week a year ago.
  • 3 homes failed to sell and were taken off the market.

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**
3196 KIPLING ST Active 4 2 $1,498,000 $1,498,000
4/26/2012 0
731 LINCOLN AVE Active 2 2.5 $1,329,000 $1,329,000
4/26/2012 0
3895 PAGE MILL RD Active 3 2 $1,425,000 $1,425,000
4/26/2012 0
399 MARGARITA AVE Active 3 1 $1,088,000 $1,088,000
4/26/2012 0
2108 BELLVIEW DR Active 4 2.5 $1,850,000 $1,850,000
4/26/2012 0
1514 WALNUT DR Active 3 2 $1,395,000 $1,395,000
4/26/2012 0
3395 LOUIS RD Active 4 2 $1,495,000 $1,495,000
4/26/2012 0
4040 PARK BL Active 3 1 $1,215,000 $1,215,000
4/26/2012 0
4075 CAMPANA DR Active 3 1.5 $1,200,000 $1,200,000
4/26/2012 0
770 GARLAND DR Active 3 2 $1,495,000 $1,495,000
4/25/2012 1
3263 MURRAY WAY Active 4 2.5 $1,798,000 $1,798,000
4/25/2012 1
644 S CALIFORNIA AVE Active 2 1 $1,298,000 $1,298,000
4/25/2012 1
483 FULTON ST Active 4 3 $1,999,000 $1,999,000
4/25/2012 1
920 HAMILTON AVE Active 5 3 $2,995,000 $2,995,000
4/25/2012 1
1856 MARK TWAIN ST Active 4 3 $2,695,000 $2,695,000
4/25/2012 1
746 HOMER AVE Active 2 1 $838,000 $838,000
4/25/2012 1
633 COLERIDGE AVE Active 4 4+ $2,198,000 $2,198,000
4/25/2012 1
2275 AMHERST ST Active 6+ 2.5 $3,295,000 $3,295,000
4/24/2012 2
863 BRUCE DR Active 4 2 $1,598,000 $1,598,000
4/24/2012 2
1533 WALNUT DR Active 3 2 $1,649,000 $1,649,000
4/24/2012 2
2441 COWPER ST Active 2 1.5 $1,075,000 $1,075,000
4/24/2012 2
2140 BYRON ST Active 3 2.5 $2,395,000 $2,395,000
4/24/2012 2
4160 MACKAY DR Active 2 2 $1,499,000 $1,499,000
4/23/2012 3
3187 ALEXIS DR Active 4 3.5 $4,695,000 $4,695,000
4/20/2012 6
4128 THAIN WAY Active 2 2 $929,000 $929,000
4/26/2012 0
800 HIGH ST UNIT 115 Active 2 2 $998,000 $998,000
4/26/2012 0
425 GRANT AVE UNIT 29 Active 3 2 $699,000 $699,000
4/26/2012 0
410 SHERIDAN AVE UNIT 444 Active 1 1 $499,000 $499,000
4/25/2012 1
777 SAN ANTONIO RD UNIT 19 Active 2 1 $485,000 $485,000
4/25/2012 1
1001 PLOVER LN Active 3 2.5 $1,050,000 $1,050,000
4/25/2012 1
744 GUINDA ST Pending 3 3 $3,195,000 $3,195,000
4/19/2012 7 6/5/2012
1550 MARIPOSA AVE Pending 2 1 $1,195,000 $1,195,000
4/19/2012 7 5/24/2012
3182 BRYANT ST Pending 3 1 $1,198,000 $1,198,000
4/18/2012 8 5/25/2012
3519 SOUTH CT Pending 4 2 $1,375,000 $1,375,000
4/18/2012 8 5/16/2012
175 HEATHER LN Pending 4 3 $2,230,000 $2,230,000
4/16/2012 10 5/10/2012
3220 SOUTH CT Pending 3 2 $1,598,000 $1,598,000
4/12/2012 8 5/22/2012
3280 ROSS RD Pending 4 2.5 $1,547,000 $1,547,000
4/12/2012 8 5/20/2012
2361 SANTA ANA ST Pending 3 2 $1,375,000 $1,375,000
4/11/2012 13 6/7/2012
2170 PRINCETON ST Pending 2 1 $759,000 $759,000
4/11/2012 9 5/18/2012
415 LOWELL AVE Pending 5 2.5 $3,195,000 $3,195,000
4/11/2012 14 5/4/2012
1591 MARIPOSA AVE Pending 4 2 $1,149,000 $1,149,000
4/10/2012 10 5/20/2012
179 PRIMROSE WAY Pending 3 2 $1,298,000 $1,298,000
4/10/2012 10 5/7/2012
888 BOYCE AVE Pending 1 1.5 $1,590,000 $1,590,000
3/30/2012 22 5/22/2012
831 HOMER AVE Pending 4 3.5 $3,395,000 $3,395,000
3/21/2012 28 5/1/2012
3502 EMMA CT Pending 4 3 $2,295,000 $2,295,000
2/23/2012 63 5/18/2012
699 ASHTON AVE Pending 3 1 $988,000 $988,000
4/14/2012 8 5/15/2012
3309 KENNETH DR Pending 4 3 $1,598,000 $1,598,000
4/18/2012 8 5/25/2012
1629 CHANNING AVE Pending 4 3 $1,999,000 $1,999,000
4/16/2012 10 5/2/2012
4045 ORME ST Sold 4 3 $2,200,000 $2,200,000 $2,575,000 4/3/2012 10 4/20/2012
855 NEWELL PL Sold 4 2 $1,695,000 $1,695,000 $1,900,000 3/28/2012 7 4/24/2012
836 SYCAMORE DR Sold 2 1 $948,000 $948,000 $1,350,000 3/27/2012 9 4/26/2012
1131 PARKINSON AVE Sold 4 2 $1,990,000 $1,990,000 $2,403,000 3/21/2012 8 4/18/2012
4240 WILKIE WAY Sold 3 3.5 $1,798,000 $1,798,000 $1,990,000 3/19/2012 8 4/25/2012
315 MELVILLE AVE Sold 5 3 $2,398,000 $2,398,000 $2,200,000 3/19/2012 18 4/24/2012
3409 KENNETH DR Sold 4 2 $1,100,000 $1,100,000 $1,202,000 3/14/2012 9 4/24/2012
370 DULUTH CIR Sold 4 3.5 $2,399,000 $2,399,000 $2,500,000 3/14/2012 8 4/20/2012
838 COWPER ST Sold 3 1 $1,250,000 $1,250,000 $1,450,000 3/14/2012 9 4/23/2012
1420 BYRON ST Sold 5 3 $2,998,000 $2,998,000 $3,175,000 3/8/2012 6 4/20/2012
742 MELVILLE AVE Sold 4 3.5 $4,295,000 $4,295,000 $4,000,000 2/6/2012 26 3/30/2012
1285 FOREST AVE Sold 4 3 $2,395,000 $2,395,000 $2,400,000 11/3/2011 8 4/17/2012
800 HIGH ST UNIT 205 Sold 2 2 $1,050,000 $1,050,000 $1,010,000 3/29/2012 11 4/23/2012
325 CHANNING AVE UNIT 303 Sold 3 2.5 $2,499,000 $2,499,000 $2,505,000 3/26/2012 11 4/24/2012
800 E CHARLESTON RD UNIT 15 Sold 3 2.5 $988,000 $988,000 $1,125,000 3/13/2012 9 4/20/2012
532 CHANNING AVE UNIT 301 Sold 3 2.5 $1,395,000 $1,395,000 $1,395,000 2/28/2012 18 4/20/2012
4248 RICKEYS WAY UNIT M Sold 3 2.5 $840,000 $825,000 $825,000 2/21/2012 34 4/25/2012
1290 UNIVERSITY AVE Canceled 4 3 $3,098,000 $3,098,000
4/19/2012 3
1129 TUOLUMNE LN UNIT 51 Canceled 2 2.5 $899,000 $925,000
2/16/2012 68
126 SEALE AVE Withdrawn 6+ 4+ $1,995,000 $1,995,000
4/16/2012 9

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 19 Apr 2012 23:17:00 -0700 Homes Listed and Sold in Palo Alto - Week of 4/20/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-42 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-42

The market starts to bloom together with arrival of spring weather.  Reports of increased real estate sales activities and dropping inventories are coming from all parts of Bay Area.  Palo Alto is no exception and we see increased number of new contracts as number of listings coming to the market increased.

The week in numbers:

  • 25 homes were listed this week, 9 more than last week.  Same week last year only 12 homes were put on the market.  There is currently 63 homes listed for sale in Palo Alto - the highest number since the week of 11/18/2011.
  • 16 new contracts were accepted this week vs. 10 last week.  A year ago 20 homes went into pending state.
  • 14 escrows were closed this week, 9 more than last week.  21 homes change owners same week a year ago.  Keep in mind that closed escrows reflect selling activities and contracts accepted about 30 days back from the close of escrow.
  • 2 homes failed to sell and were taken off the market.

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**
3831 MAY CT Active 3 2 $1,498,000 $1,498,000
4/19/2012 0
711 MAPLEWOOD AVE Active 3 2 $1,285,000 $1,285,000
4/19/2012 0
481 WASHINGTON AVE Active 5 4+ $6,350,000 $6,350,000
4/19/2012 0
1290 UNIVERSITY AVE Active 4 3 $3,098,000 $3,098,000
4/19/2012 0
744 GUINDA ST Active 3 3 $3,195,000 $3,195,000
4/19/2012 0
1550 MARIPOSA AVE Active 2 1 $1,195,000 $1,195,000
4/19/2012 0
3198 WAVERLEY ST Active 4 2 $1,798,000 $1,798,000
4/18/2012 1
3182 BRYANT ST Active 3 1 $1,198,000 $1,198,000
4/18/2012 1
2669 GREER RD Active 4 2 $1,395,000 $1,395,000
4/18/2012 1
3309 KENNETH DR Active 3 3 $1,598,000 $1,598,000
4/18/2012 1
1500 MIDDLEFIELD RD Active 4 2 $1,698,000 $1,698,000
4/18/2012 1
3519 SOUTH CT Active 4 2 $1,375,000 $1,375,000
4/18/2012 1
305 EMERSON ST Active 3 2.5 $1,875,000 $1,875,000
4/18/2012 1
365 PARKSIDE DR Active 5 2 $1,595,000 $1,595,000
4/17/2012 2
251 MIDDLEFIELD RD Active 6+ 4+ $3,495,000 $3,495,000
4/17/2012 2
1007 FOREST CT Active 3 3 $2,495,000 $2,495,000
4/17/2012 2
175 HEATHER LN Active 4 3 $2,230,000 $2,230,000
4/16/2012 3
1629 CHANNING AVE Active 4 3 $1,999,000 $1,999,000
4/16/2012 3
126 SEALE AVE Active 6+ 4+ $1,995,000 $1,995,000
4/16/2012 3
699 ASHTON AVE Active 3 1 $988,000 $988,000
4/14/2012 5
365 FOREST AVE UNIT 4C Active 3 2 $1,000,000 $1,000,000
4/19/2012 0
555 BYRON ST UNIT 402 Active 2 1.5 $1,350,000 $1,350,000
4/19/2012 0
325 CHANNING AVE UNIT 309 Active 2 2 $1,800,000 $1,800,000
4/13/2012 6
131 HAWTHORNE AVE UNIT E Active 1 1 $499,000 $499,000
4/13/2012 6
345 SEQUOIA AVE Pending 4 3 $2,495,000 $2,495,000
4/12/2012 7 5/17/2012
747 ROSEWOOD DR Pending 5 4+ $2,998,000 $2,998,000
4/11/2012 7 5/18/2012
830 GARLAND DR Pending 3 2 $1,495,000 $1,495,000
4/11/2012 8 4/27/2012
642 WEBSTER ST Pending 4 4+ $1,998,000 $1,998,000
4/10/2012 9 5/18/2012
795 ENCINA GRANDE DR Pending 4 3 $1,595,000 $1,595,000
4/10/2012 9 5/14/2012
2422 SOUTH CT Pending 5 2.5 $1,898,000 $1,898,000
4/10/2012 9 6/7/2012
3745 LA SELVA DR Pending 3 2 $998,000 $998,000
4/5/2012 13 5/18/2012
3366 VERNON TE Pending 5 4+ $2,248,000 $2,248,000
4/5/2012 13 5/16/2012
4045 ORME ST Pending 4 3 $2,200,000 $2,200,000
4/3/2012 10 4/23/2012
733 ALVARADO CT Pending 5 3.5 $1,749,000 $1,659,000
3/13/2012 36 5/18/2012
4217 MANUELA AVE Pending 5 4+ $3,195,000 $3,195,000
1/23/2012 27 8/31/2012
831 HOMER AVE Pending 4 3.5 $3,395,000 $3,395,000
3/21/2012 28 5/1/2012
800 HIGH ST UNIT 205 Pending 2 2 $1,050,000 $1,050,000
3/29/2012 11 4/21/2012
455 GRANT AVE UNIT 3 Pending 2 2 $634,950 $634,950
3/8/2012 28 5/3/2012
100 FERNE AVE Pending 2 2 $499,000 $499,000
1/12/2012 8 5/11/2012
315 HOMER AVE UNIT 109 Pending 2 2 $1,388,000 $1,388,000
4/17/2012 2 5/11/2012
1242 GREENWOOD AVE Sold 4 2 $1,890,000 $1,890,000 $2,080,000 3/20/2012 9 4/19/2012
4141 CAMPANA DR Sold 4 2 $1,895,000 $1,895,000 $2,061,000 3/12/2012 9 4/10/2012
195 SANTA RITA AVE Sold 4 2 $2,295,000 $2,295,000 $2,170,000 3/8/2012 9 4/19/2012
2328 GREER RD Sold 5 2 $1,548,000 $1,548,000 $1,675,000 3/7/2012 8 4/13/2012
1087 MORENO AVE Sold 3 2 $1,198,000 $1,198,000 $1,260,000 3/7/2012 8 4/13/2012
868 SOUTHAMPTON DR Sold 4 2 $2,495,000 $2,495,000 $2,801,000 3/6/2012 9 4/5/2012
2440 COWPER ST Sold 3 2 $1,350,000 $1,350,000 $1,520,000 3/5/2012 10 4/13/2012
627 FULTON ST Sold 4 2 $1,750,000 $1,750,000 $1,930,000 3/2/2012 11 4/12/2012
3181 LOUIS RD Sold 4 3 $1,298,000 $1,298,000 $1,400,000 2/28/2012 10 4/16/2012
350 OXFORD AVE Sold 4 3.5 $2,600,000 $2,600,000 $2,850,000 2/22/2012 8 4/17/2012
4250 EL CAMINO REAL UNIT A109 Sold 1 1 $403,000 $398,000 $425,000 3/26/2012 11 4/17/2012
435 SHERIDAN AVE UNIT 304 Sold 3 2 $895,000 $895,000 $978,000 3/21/2012 14 4/17/2012
3700 HERON WAY Sold 3 3 $925,000 $925,000 $971,000 3/6/2012 7 4/17/2012
436 HIGH ST UNIT 105 Sold 2 2 $725,000 $725,000 $725,000 3/1/2012 11 4/13/2012
1290 UNIVERSITY AVE Canceled 4 3 $3,300,000 $3,300,000 $830,000 2/29/2012 49
1734 FULTON ST Canceled 4 4+ $5,250,000 $5,250,000 $1,028,000 1/18/2012 86

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 13 Apr 2012 00:57:00 -0700 Homes Listed and Sold in Palo Alto - Week of 4/13/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-41 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-41

The market is picking up pace after the holiday week and Palo Alto school break but new contracts are not coming in at the last year pace.  The week in numbers:

  • 16 homes were listed this week, just one more than last week.  Same week last year 30 homes were put on the market.  There is currently 44 homes listed for sale in Palo Alto.
  • 10 new contracts were accepted vs. 16 that were ratified last week.  A year ago 24 homes went into pending state.
  • 5 escrows were closed this week, 11 down from the last week level.  13 homes change owners same week a year ago.
  • 4 homes failed to sell and were taken off the market.

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**
3220 SOUTH CT Active 3 2 $1,598,000 $1,598,000
4/12/2012 1
345 SEQUOIA AVE Active 4 3 $2,495,000 $2,495,000
4/12/2012 1
3280 ROSS RD Active 4 2.5 $1,547,000 $1,547,000
4/12/2012 1
747 ROSEWOOD DR Active 5 4+ $2,998,000 $2,998,000
4/11/2012 2
2361 SANTA ANA ST Active 3 2 $1,375,000 $1,375,000
4/11/2012 2
2170 PRINCETON ST Active 2 1 $759,000 $759,000
4/11/2012 2
415 LOWELL AVE Active 5 2.5 $3,195,000 $3,195,000
4/11/2012 2
251 WASHINGTON AVE Active 4 2.5 $2,695,000 $2,695,000
4/11/2012 2
830 GARLAND DR Active 3 2 $1,495,000 $1,495,000
4/11/2012 2
642 WEBSTER ST Active 4 4+ $1,998,000 $1,998,000
4/10/2012 3
795 ENCINA GRANDE DR Active 4 3 $1,595,000 $1,595,000
4/10/2012 3
878 MORENO AVE Active 5 3 $2,695,000 $2,695,000
4/10/2012 3
179 PRIMROSE WAY Active 3 2 $1,298,000 $1,298,000
4/10/2012 3
2422 SOUTH CT Active 5 2.5 $1,898,000 $1,898,000
4/10/2012 3
1591 MARIPOSA AVE Active 4 2 $1,149,000 $1,149,000
4/10/2012 3
325 CHANNING AVE UNIT 104 Active 2 2.5 $1,750,000 $1,750,000
4/12/2012 1
515 W CRESCENT DR Pending 3 2 $1,920,000 $1,920,000
3/28/2012 12 5/1/2012
827 LATHROP DR Pending 4 2 $1,295,000 $1,295,000
3/28/2012 14 5/3/2012
50 JORDAN PL Pending 4 2 $1,798,000 $1,798,000
3/27/2012 11 4/27/2012
4240 WILKIE WAY Pending 3 3.5 $1,798,000 $1,798,000
3/19/2012 8 4/20/2012
1420 BYRON ST Pending 5 3 $2,998,000 $2,998,000
3/8/2012 6 4/13/2012
315 MELVILLE AVE Pending 5 3 $2,398,000 $2,398,000
3/19/2012 18 4/24/2012
322 CURTNER AVE UNIT A Pending 2 1 $525,000 $525,000
3/28/2012 10 6/1/2012
4250 EL CAMINO REAL UNIT A109 Pending 1 1 $403,000 $398,000
3/26/2012 11 4/12/2012
325 CHANNING AVE UNIT 303 Pending 3 2.5 $2,499,000 $2,499,000
3/26/2012 11 4/24/2012
800 HIGH ST UNIT 205 Pending 2 2 $1,050,000 $1,050,000
3/29/2012 11 4/21/2012
2710 RAMONA ST Sold 2 1 $1,150,000 $1,150,000 $1,330,000 3/28/2012 7 4/11/2012
463 N CALIFORNIA AVE Sold 3 2 $1,895,000 $1,895,000 $2,558,000 3/13/2012 8 3/28/2012
1440 TASSO ST Sold 4 2 $1,295,000 $1,295,000 $1,440,000 3/1/2012 7 4/12/2012
1511 MARIPOSA AVE Sold 2 1 $995,000 $995,000 $1,175,000 2/29/2012 8 4/11/2012
546 HILBAR LN Sold 4 3.5 $2,249,000 $2,249,000 $2,330,000 2/29/2012 9 4/6/2012
777 SAN ANTONIO RD UNIT 139 Sold 3 2 $599,000 $599,000 $625,000 2/23/2012 11 4/2/2012
566 VISTA AVE Sold 1 1 $378,000 $378,000 $368,000 1/26/2012 23 4/10/2012
3220 SOUTH CT Canceled 3 2 $1,698,000 $1,698,000 $830,000 4/11/2012 0
1875 UNIVERSITY AVE Canceled 4 3 $2,600,000 $1,999,900 $800,000 3/28/2012 14
624 GEORGIA AVE Canceled 5 3 $1,895,000 $1,895,000 $364,000 3/26/2012 14
3187 ALEXIS DR Canceled 4 3.5 $5,250,000 $4,950,000 $1,028,000 1/10/2012 91

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 05 Apr 2012 22:57:00 -0700 Homes Listed and Sold in Palo Alto - Week of 4/6/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-46 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-46

The week in numbers:

  • 8 homes were listed this week going into a holiday weekend.  Also note that it is a spring break for Palo Alto schools.  Same week last year 24 homes were put on the market.  There is currently 45 homes listed for sale in Palo Alto.
  • 16 new contracts were accepted, 4 more than last week.  A year ago 21 homes went into pending state.
  • 14 escrows were closed this week, two more than last week.  18 homes change owners same week a year ago.

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**
3745 LA SELVA DR Active 3 2 $998,000 $998,000
4/5/2012 0
3366 VERNON TE Active 5 4+ $2,248,000 $2,248,000
4/5/2012 0
764 CHANNING AVE Active 4 2 $2,325,000 $2,325,000
4/3/2012 2
735 DOLORES ST Active 6+ 4+ $3,795,000 $3,795,000
4/3/2012 2
4045 ORME ST Active 4 3 $2,200,000 $2,200,000
4/3/2012 2
888 BOYCE AVE Active 1 1.5 $1,590,000 $1,590,000
3/30/2012 6
800 HIGH ST UNIT 205 Active 2 2 $1,050,000 $1,050,000
3/29/2012 7
420 CAMBRIDGE AVE UNIT 1 Active 3 2.5 $1,395,000 $1,395,000
3/8/2012 28
855 NEWELL PL Pending 4 2 $1,695,000 $1,695,000
3/28/2012 7 4/25/2012
2710 RAMONA ST Pending 2 1 $1,150,000 $1,150,000
3/28/2012 7 4/11/2012
836 SYCAMORE DR Pending 2 1 $948,000 $948,000
3/27/2012 9 4/19/2012
2316 AMHERST ST Pending 4 3 $1,498,000 $1,498,000
3/27/2012 9 4/16/2012
1924 EDGEWOOD DR Pending 4 3 $1,495,000 $1,495,000
3/26/2012 10 5/8/2012
624 GEORGIA AVE Pending 5 3 $1,895,000 $1,895,000
3/26/2012 9 5/18/2012
2360 EMERSON ST Pending 4 2 $2,350,000 $2,198,000
3/8/2012 21 5/31/2012
1440 TASSO ST Pending 4 2 $1,295,000 $1,295,000
3/1/2012 7 4/6/2012
1159 LINCOLN AVE Pending 6+ 3.5 $3,250,000 $3,250,000
3/22/2012 8 6/29/2012
3855 MAGNOLIA DR Pending 4 3.5 $2,248,000 $2,248,000
2/29/2012 30 5/30/2012
126 FERNE AVE Pending 2 2 $639,000 $639,000
3/29/2012 7 5/4/2012
251 BRYANT ST Pending 2 2.5 $825,000 $825,000
3/28/2012 8 5/11/2012
435 SHERIDAN AVE UNIT 304 Pending 3 2 $895,000 $895,000
3/21/2012 14 4/19/2012
1433 ALMA ST Pending 2 1 $795,000 $795,000
3/19/2012 15 5/1/2012
455 GRANT AVE UNIT 3 Pending 2 2 $634,950 $634,950
3/8/2012 28 4/30/2012
100 FERNE AVE Pending 2 2 $499,000 $499,000
1/12/2012 8 5/17/2012
470 HALE ST Sold 3 3.5 $3,899,000 $3,899,000 $3,850,000 3/21/2012 6 4/5/2012
3195 ROSS RD Sold 5 3 $1,999,950 $1,999,950 $2,222,000 3/7/2012 7 4/3/2012
2365 SOUTH CT Sold 4 4+ $2,399,000 $2,399,000 $2,500,000 2/24/2012 22 3/29/2012
4105 PARK BL Sold 3 2 $950,000 $950,000 $950,000 2/21/2012 10 4/2/2012
530 IRVEN CT Sold 5 4+ $1,598,000 $1,598,000 $1,680,000 2/20/2012 11 3/30/2012
118 CHURCHILL AVE Sold 6+ 4+ $2,250,000 $2,250,000 $2,150,000 2/6/2012 12 4/3/2012
895 ALLARDICE WAY Sold 3 3 $1,538,000 $1,538,000 $1,495,000 2/1/2012 27 3/28/2012
800 S CALIFORNIA AVE Sold 5 3 $2,698,000 $2,598,000 $2,598,000 8/18/2011 198 4/5/2012
4238 RICKEYS WAY UNIT H Sold 3 3 $950,000 $950,000 $1,080,000 2/29/2012 9 3/30/2012
1237 ALMA ST Sold 2 2.5 $799,000 $799,000 $830,000 2/22/2012 8 3/29/2012
157 S CALIFORNIA AVE UNIT H100 Sold 2 2 $849,000 $849,000 $800,000 1/19/2012 39 4/2/2012
2460 W BAYSHORE RD UNIT 2 Sold 2 1 $369,500 $369,500 $364,000 1/6/2012 33 4/4/2012
105 EMERSON ST Sold 2 2 $1,100,000 $1,100,000 $1,028,000 10/13/2011 155 4/2/2012

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 23 Mar 2012 11:12:00 -0700 Homes Listed and Sold in Palo Alto - Week of 3/23/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-32 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-32 The week in numbers:
  • 12 homes were listed this week, 10 single family homes and 2 condos.  The level of new listing continue to be slower than we would expect this time of the year.  Same week last year 19 homes were were put on the market.
  • 14 new contracts were accepted, a drop from the last week when 23 contracts were accepted.  A year ago 37 homes went into pending state, the highest number of contracts in a week in 2011.
  • 12 escrows were closed this week, same as last week and the week a year ago.
  • 4 homes failed to sell and were taken off the market.

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**
1159 LINCOLN AVE Active 6+ 3.5 $3,250,000 $3,250,000
3/22/2012 1
1321 HARKER AVE Active 5 4+ $5,398,000 $5,398,000
3/21/2012 2
470 HALE ST Active 3 3.5 $3,899,000 $3,899,000
3/21/2012 2
831 HOMER AVE Active 4 3.5 $3,395,000 $3,395,000
3/21/2012 2
1131 PARKINSON AVE Active 4 2 $1,990,000 $1,990,000
3/21/2012 2
3633 SOUTH CT Active 4 2 $1,375,000 $1,375,000
3/21/2012 2
833 RICHARDSON CT Active 4 2 $1,395,000 $1,395,000
3/21/2012 2
3180 COWPER ST Active 6+ 4+ $2,998,000 $2,998,000
3/20/2012 3
1242 GREENWOOD AVE Active 4 2 $1,890,000 $1,890,000
3/20/2012 3
4240 WILKIE WAY Active 3 3.5 $1,798,000 $1,798,000
3/19/2012 4
315 MELVILLE AVE Active 5 3 $2,398,000 $2,398,000
3/19/2012 4
435 SHERIDAN AVE UNIT 304 Active 3 2 $895,000 $895,000
3/21/2012 2
1433 ALMA ST Active 2 1 $795,000 $795,000
3/19/2012 4
4248 RICKEYS WAY UNIT M Active 3 2.5 $840,000 $825,000
2/21/2012 31
463 N CALIFORNIA AVE Pending 3 2 $1,895,000 $1,895,000
3/13/2012 8 3/28/2012
4141 CAMPANA DR Pending 4 2 $1,895,000 $1,895,000
3/12/2012 9 4/11/2012
195 SANTA RITA AVE Pending 4 2 $2,295,000 $2,295,000
3/8/2012 9 4/19/2012
2440 COWPER ST Pending 3 2 $1,350,000 $1,350,000
3/5/2012 10 4/13/2012
2791 COWPER ST Pending 2 1 $1,099,000 $1,099,000
3/2/2012 5 3/28/2012
405 MIDDLEFIELD RD Pending 4 2 $1,195,000 $1,195,000
2/28/2012 17 4/2/2012
1545 ALMA ST Pending 2 2.5 $1,499,000 $1,399,000
1/24/2012 36 3/29/2012
370 DULUTH CIR Pending 4 3.5 $2,399,000 $2,399,000
3/14/2012 8 4/20/2012
2365 SOUTH CT Pending 4 4+ $2,399,000 $2,399,000
2/24/2012 22 4/2/2012
800 E CHARLESTON RD UNIT 15 Pending 3 2.5 $988,000 $988,000
3/13/2012 9 4/20/2012
435 SHERIDAN AVE UNIT 310 Pending 2 2 $849,000 $849,000
3/5/2012 9 3/26/2012
532 CHANNING AVE UNIT 301 Pending 3 2.5 $1,395,000 $1,395,000
2/28/2012 18 4/27/2012
105 EMERSON ST Pending 2 2 $1,100,000 $1,100,000
10/13/2011 155 4/3/2012
566 VISTA AVE Pending 1 1 $378,000 $378,000
1/26/2012 23 4/16/2012
784 GAILEN AVE Sold 4 2 $1,400,000 $1,400,000 $1,400,000 3/18/2012 0 3/18/2012
2021 NEWELL RD Sold 5 3 $2,698,000 $2,698,000 $3,080,000 2/23/2012 7 3/16/2012
1326 EMERSON ST Sold 5 3.5 $3,495,000 $3,495,000 $3,860,000 2/23/2012 6 3/21/2012
3453 ASHTON CT Sold 4 2.5 $1,828,000 $1,828,000 $1,900,000 2/15/2012 8 3/19/2012
2350 CARMEL DR Sold 4 2 $1,299,000 $1,299,000 $1,600,000 2/14/2012 10 3/22/2012
3901 LAGUNA AVE Sold 4 3 $2,199,000 $2,199,000 $2,200,000 2/2/2012 14 3/21/2012
1003 CATHCART WAY Sold 3 2 $1,395,000 $1,395,000 $1,375,000 1/28/2012 17 3/20/2012
4238 RICKEYS WAY UNIT T Sold 3 3 $950,000 $950,000 $986,000 2/8/2012 9 3/20/2012
4250 EL CAMINO REAL UNIT B120 Sold 2 1 $448,000 $448,000 $499,000 2/1/2012 14 3/16/2012
4228 RICKEYS WAY UNIT C Sold 3 3 $850,000 $850,000 $955,000 1/28/2012 12 3/13/2012
1112 TRINITY LN UNIT 66 Sold 3 2.5 $900,000 $925,000 $981,524 1/19/2012 35 3/12/2012
1158 DONNER Sold 4 3.5 $998,000 $998,000 $998,000 11/14/2011 19 2/13/2012
1433 ALMA ST Canceled 2 1 $995,000 $849,000 $3,750,000 2/7/2012 41
407 ALDER LN Canceled 5 3.5 $1,625,000 $1,625,000
7/13/2011 251
4250 EL CAMINO REAL UNIT A310 Expired 1 1 $349,900 $349,900 $2,350,000 1/20/2012 61
425 GRANT AVE UNIT 29 Expired 3 2 $669,000 $649,000 $830,000 9/20/2011 182

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 16 Mar 2012 00:41:00 -0700 Homes Listed and Sold in Palo Alto - Week of 3/16/2012 (Published on Fridays) http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-31 http://paloaltocal.com/homes-listed-and-sold-in-palo-alto-week-of-31

This week the number of new contracts really got our attention - 23 new contracts were accepted and homes went into pending state.  A slight increase in number of new listings boosted the sales activity both for single family homes and for condos.  Multiple offers dominate Palo Alto real estate market with contract terms giving the winning edge to the lucky buyers.  It is becoming more common to see offers with minimal contingencies and with close of escrow in 21 days even with financing.

The week in numbers:

  • 11 homes were listed this week, 9 single family homes and 2 condos.  The level of new listing dropped from 16 new units last week and significantly lower than the same week last year when 22 homes were newly listed.  There are currently 39 properties available for sale in Palo Alto, both single family homes and condos.
  • 23 new contracts were accepted contributing to the drop in inventory.  This is an increase from 12 new contracts last week and 21 a year ago same week.
  • 10 escrows were closed this week, two more than last week.
  • 3 homes failed to sell and were taken off the market.

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**
3409 KENNETH DR Active 4 2 $1,100,000 $1,100,000
3/14/2012 1
370 DULUTH CIR Active 4 3.5 $2,399,000 $2,399,000
3/14/2012 1
838 COWPER ST Active 3 1 $1,250,000 $1,250,000
3/14/2012 1
220 EL VERANO AVE Active 3 2 $1,090,000 $1,090,000
3/14/2012 1
733 ALVARADO CT Active 5 3.5 $1,749,000 $1,749,000
3/13/2012 2
463 N CALIFORNIA AVE Active 3 2 $1,895,000 $1,895,000
3/13/2012 2
4141 CAMPANA DR Active 4 2 $1,895,000 $1,895,000
3/12/2012 3
1800 WEBSTER ST Active 5 4+ $4,695,000 $4,695,000
3/9/2012 6
1290 UNIVERSITY AVE Active 4 3 $3,300,000 $3,300,000
2/29/2012 15
800 E CHARLESTON RD UNIT 15 Active 3 2.5 $988,000 $988,000
3/13/2012 2
420 CAMBRIDGE AVE UNIT 1 Active 3 2.5 $1,395,000 $1,395,000
3/8/2012 7
3195 ROSS RD Pending 5 3 $1,999,950 $1,999,950
3/7/2012 7 4/4/2012
2328 GREER RD Pending 5 2 $1,548,000 $1,548,000
3/7/2012 8 4/12/2012
868 SOUTHAMPTON DR Pending 4 2 $2,495,000 $2,495,000
3/6/2012 9 4/6/2012
4107 PARK BL Pending 3 2 $929,000 $929,000
3/1/2012 13 4/24/2012
546 HILBAR LN Pending 4 3.5 $2,249,000 $2,249,000
2/29/2012 9 4/6/2012
731 CHRISTINE DR Pending 5 2.5 $1,595,000 $1,595,000
2/28/2012 10 3/30/2012
458 CHANNING AVE Pending 4 2 $2,395,000 $2,395,000
2/24/2012 19 3/27/2012
622 LOMA VERDE AVE Pending 3 2.5 $1,499,000 $1,499,000
2/9/2012 15 3/25/2012
118 CHURCHILL AVE Pending 6+ 4+ $2,250,000 $2,250,000
2/6/2012 12 4/3/2012
895 ALLARDICE WAY Pending 3 3 $1,538,000 $1,538,000
2/1/2012 27 3/28/2012
1420 BYRON ST Pending 5 3 $2,998,000 $2,998,000
3/8/2012 6 4/13/2012
1087 MORENO AVE Pending 3 2 $1,198,000 $1,198,000
3/7/2012 8 4/13/2012
627 FULTON ST Pending 4 2 $1,750,000 $1,750,000
3/2/2012 11 4/12/2012
3181 LOUIS RD Pending 4 3 $1,298,000 $1,298,000
2/28/2012 10 4/18/2012
3700 HERON WAY Pending 3 3 $925,000 $925,000
3/6/2012 7 4/17/2012
4238 RICKEYS WAY UNIT H Pending 3 3 $950,000 $950,000
2/29/2012 9 3/30/2012
240 FOREST AVE Pending 2 2 $899,000 $899,000
1/19/2012 48 4/21/2012
555 BYRON ST UNIT 106 Pending 2 2.5 $885,000 $885,000
10/14/2011 150 3/22/2012
4248 RICKEYS WAY UNIT M Pending 3 2.5 $840,000 $840,000
2/21/2012 18 4/11/2012
566 VISTA AVE Pending 1 1 $378,000 $378,000
1/26/2012 23 3/20/2012
435 SHERIDAN AVE UNIT 310 Pending 2 2 $849,000 $849,000
3/5/2012 9 3/26/2012
436 HIGH ST UNIT 105 Pending 2 2 $725,000 $725,000
3/1/2012 11 4/4/2012
730 LAYNE CT Pending 3 2.5 $1,099,000 $1,099,000
2/10/2012 11 3/28/2012
2975 RAMONA ST Sold 4 3.5 $1,399,000 $1,399,000 $1,579,500 2/29/2012 8 3/14/2012
890 NEWELL RD Sold 3 2 $1,395,000 $1,395,000 $1,900,000 2/23/2012 6 3/15/2012
717 MAPLEWOOD AVE Sold 3 2 $1,060,000 $1,060,000 $1,317,071 2/23/2012 4 3/6/2012
825 SUTTER AVE Sold 4 3 $2,495,000 $2,495,000 $2,495,000 2/15/2012 10 3/9/2012
2365 EMERSON ST Sold 2 2 $1,199,000 $1,199,000 $1,370,000 2/1/2012 7 3/9/2012
445 GUINDA ST Sold 2 1 $1,195,000 $1,195,000 $1,375,000 1/25/2012 7 3/9/2012
1135 WEBSTER ST Sold 2 1 $1,350,000 $1,350,000 $1,350,000 1/19/2012 0 3/6/2012
2615 COWPER ST Sold 4 3.5 $2,295,000 $2,295,000 $2,200,000 1/18/2012 35 3/9/2012
651 E MEADOW DR Sold 5 3 $1,267,000 $1,267,000 $1,320,000 1/10/2012 16 3/9/2012
2466 W BAYSHORE RD UNIT 3 Sold 2 1 $368,900 $354,900 $355,000 1/6/2012 52 3/9/2012
3366 VERNON TE Canceled 5 4+ $2,288,000 $2,288,000 $3,750,000 10/2/2011 163
2950 ALEXIS DR Canceled 4 4+ $8,795,000 $7,895,000 $2,350,000 4/27/2011 322
446 WILTON AVE Withdrawn 4 2 $998,000 $998,000 $830,000 3/9/2012 5

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 09 Mar 2012 00:27:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 3/9/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-27991 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-27991

Shortage of inventory currently defines the real estate market in Palo Alto.  You can read it in our earlier blog posts and our newsletters.  We are sure you've heard it from other real estate professionals too.

Looking back at 2011, March was the highest listing month of the year with 105 new listings coming to the market and we hoped that 2012 will follow the patern.  Unfortunately, it does not seem to be the case.  The new listings are not keeping up with the demand - a house on Georgia Ave. was listed at $1,195,000 and was sold for $1,650,000 with 38 offers.  At the same time, pocket listings are becoming more common and homes are being sold off the market even before they have a chance to be listed on MLS.

The week in numbers:

  • 16 homes were listed this week, 13 single family homes and 3 condos.  The level of new listing remains the same as last week and significantly lower than the same week last year when 24 homes were newly listed.  There are currently 46 properties available for sale in Palo Alto, both single family homes and condos.
  • 12 new contracts were accepted and homes went into pending state.  The market is still suffering from the lack of affordable homes (single family homes priced below $1,500,000).  Last week 18 homes went pending and 25 the same week last year.
  • 8 escrows were closed this week.
  • 4 homes failed to sell and were taken off the market.

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**
1420 BYRON ST Active 5 3 $2,998,000 $2,998,000
3/8/2012 0
195 SANTA RITA AVE Active 4 2 $2,295,000 $2,295,000
3/8/2012 0
2360 EMERSON ST Active 4 2 $23,500,000 $2,350,000
3/8/2012 0
2577 RAMONA ST Active 6+ 4+ $3,280,000 $3,280,000
3/8/2012 0
3195 ROSS RD Active 5 3 $1,999,950 $1,999,950
3/7/2012 1
2328 GREER RD Active 5 2 $1,548,000 $1,548,000
3/7/2012 1
1087 MORENO AVE Active 3 2 $1,198,000 $1,198,000
3/7/2012 1
868 SOUTHAMPTON DR Active 4 2 $2,495,000 $2,495,000
3/6/2012 2
646 FOREST AVE Active 3 2.5 $2,100,000 $2,100,000
3/6/2012 2
2440 COWPER ST Active 3 2 $1,350,000 $1,350,000
3/5/2012 3
627 FULTON ST Active 4 2 $1,750,000 $1,750,000
3/2/2012 6
3799 PARK BL Active 3 3 $1,149,000 $1,149,000
3/2/2012 6
4107 PARK BL Active 3 2 $929,000 $929,000
3/1/2012 7
455 GRANT AVE UNIT 3 Active 2 2 $634,950 $634,950
3/8/2012 0
3700 HERON WAY Active 3 3 $925,000 $925,000
3/6/2012 2
435 SHERIDAN AVE UNIT 310 Active 2 2 $849,000 $849,000
3/5/2012 3
2585 PARK BL UNIT Z206 Active 2 2.5 $680,000 $680,000
2/17/2012 20
1511 MARIPOSA AVE Pending 2 1 $995,000 $995,000
2/29/2012 8 4/6/2012
4105 PARK BL Pending 3 2 $950,000 $950,000
2/21/2012 10 4/2/2012
3453 ASHTON CT Pending 4 2.5 $1,828,000 $1,828,000
2/15/2012 8 3/14/2012
742 MELVILLE AVE Pending 4 3.5 $4,295,000 $4,295,000
2/6/2012 26 3/30/2012
800 S CALIFORNIA AVE Pending 5 3 $2,698,000 $2,598,000
8/18/2011 198 3/30/2012
2791 COWPER ST Pending 2 1 $1,099,000 $1,099,000
3/2/2012 5 3/28/2012
1440 TASSO ST Pending 4 2 $1,295,000 $1,295,000
3/1/2012 7 4/6/2012
2975 RAMONA ST Pending 4 3.5 $1,399,000 $1,399,000
2/29/2012 8 3/12/2012
530 IRVEN CT Pending 5 4+ $1,598,000 $1,598,000
2/20/2012 11 3/30/2012
777 SAN ANTONIO RD UNIT 139 Pending 3 2 $599,000 $599,000
2/23/2012 11 4/6/2012
1112 TRINITY LN UNIT 66 Pending 3 2.5 $900,000 $925,000
1/19/2012 35 3/15/2012
240 FOREST AVE Pending 2 2 $899,000 $899,000
1/19/2012 48 4/21/2012
3730 ORTEGA CT Sold 4 2.5 $1,998,000 $1,998,000 $2,280,000 2/29/2012 2 3/7/2012
702 GARLAND DR Sold 3 2 $1,495,000 $1,495,000 $1,625,000 2/13/2012 8 3/5/2012
663 GEORGIA AVE Sold 3 2 $1,195,000 $1,195,000 $1,650,000 2/6/2012 9 3/6/2012
947 VAN AUKEN CIR Sold 3 1 $949,000 $949,000 $1,175,000 1/29/2012 12 3/1/2012
3180 MORRIS DR Sold 3 2 $1,098,000 $1,098,000 $1,310,000 1/25/2012 8 3/6/2012
510 WASHINGTON AVE Sold 4 4+ $3,850,000 $3,850,000 $3,750,000 1/25/2012 21 3/6/2012
1030 GREENWOOD AVE Sold 4 3 $1,999,000 $1,999,000 $2,350,000 1/21/2012 11 3/2/2012
2105 EMERSON ST Sold 3 2 $1,845,000 $1,845,000 $1,765,079 11/16/2011 79 3/2/2012
2075 YALE ST Sold 2 2.5 $799,000 $799,000 $830,000 1/25/2012 9 3/7/2012
795 ENCINA GRANDE DR Canceled 4 3 $1,595,000 $1,448,888 $3,750,000 10/6/2011 154
2340 SIERRA CT Canceled 2 1 $1,250,000 $1,120,000 $2,350,000 7/19/2011 231
2886 EMERSON ST Withdrawn 5 3 $1,799,900 $1,799,900 $1,765,079 2/15/2012 19
4250 EL CAMINO REAL UNIT A310 Withdrawn 1 1 $349,900 $349,900 $830,000 1/20/2012 46

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 02 Mar 2012 00:15:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 3/2/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-33233 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-33233

The week in numbers:

  • 16 homes were listed this week, 13 single family homes and 3 condos.  It is a slight increase from 13 new listings last week.  Looking at the same week last year, there were 23 new listings.  There are currently 45 homes available for sale in Palo Alto.
  • 18 new contracts were accepted and homes went into pending state, two more than last week and almost the same as last year when 19 new contracts were ratified.
  • 13 escrows were closed this week. 

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**
1440 TASSO ST Active 4 2 $1,295,000 $1,295,000
3/1/2012 0
564 SANTA RITA AVE Active 3 2 $2,500,000 $2,500,000
3/1/2012 0
1290 UNIVERSITY AVE Active 4 3 $3,300,000 $3,300,000
2/29/2012 1
3855 MAGNOLIA DR Active 4 3.5 $2,248,000 $2,248,000
2/29/2012 1
3730 ORTEGA CT Active 4 2.5 $1,998,000 $1,998,000
2/29/2012 1
1511 MARIPOSA AVE Active 2 1 $995,000 $995,000
2/29/2012 1
546 HILBAR LN Active 4 3.5 $2,249,000 $2,249,000
2/29/2012 1
2975 RAMONA ST Active 4 3.5 $1,399,000 $1,399,000
2/29/2012 1
405 MIDDLEFIELD RD Active 4 2 $1,195,000 $1,195,000
2/28/2012 2
731 CHRISTINE DR Active 5 2.5 $1,595,000 $1,595,000
2/28/2012 2
3181 LOUIS RD Active 4 3 $1,298,000 $1,298,000
2/28/2012 2
2365 SOUTH CT Active 4 4+ $2,399,000 $2,399,000
2/24/2012 6
458 CHANNING AVE Active 4 2 $2,395,000 $2,395,000
2/24/2012 6
2340 SIERRA CT Active 2 1 $1,250,000 $1,120,000
7/19/2011 226
436 HIGH ST UNIT 105 Active 2 2 $725,000 $725,000
3/1/2012 0
4238 RICKEYS WAY UNIT H Active 3 3 $950,000 $950,000
2/29/2012 1
532 CHANNING AVE UNIT 301 Active 3 2.5 $1,395,000 $1,395,000
2/28/2012 2
2021 NEWELL RD Pending 5 3 $2,698,000 $2,698,000
2/23/2012 7 3/16/2012
890 NEWELL RD Pending 3 2 $1,395,000 $1,395,000
2/23/2012 6 3/15/2012
717 MAPLEWOOD AVE Pending 3 2 $1,060,000 $1,060,000
2/23/2012 4 3/2/2012
1326 EMERSON ST Pending 5 3.5 $3,495,000 $3,495,000
2/23/2012 6 3/21/2012
350 OXFORD AVE Pending 4 3.5 $2,600,000 $2,600,000
2/22/2012 8 4/17/2012
1028 PARADISE WAY Pending 4 2.5 $1,595,000 $1,595,000
2/17/2012 12 3/21/2012
825 SUTTER AVE Pending 4 3 $2,495,000 $2,495,000
2/15/2012 10 3/9/2012
742 LOMA VERDE AVE Pending 4 2.5 $1,495,000 $1,495,000
2/15/2012 8 3/23/2012
2350 CARMEL DR Pending 4 2 $1,299,000 $1,299,000
2/14/2012 10 3/22/2012
3901 LAGUNA AVE Pending 4 3 $2,199,000 $2,199,000
2/2/2012 14 3/21/2012
895 ALLARDICE WAY Pending 3 3 $1,538,000 $1,538,000
2/1/2012 27 3/28/2012
622 LOMA VERDE AVE Pending 3 2.5 $1,499,000 $1,499,000
2/9/2012 15 3/25/2012
1545 ALMA ST Pending 2 2.5 $1,499,000 $1,399,000
1/24/2012 36 3/29/2012
363 HAWTHORNE AVE Pending 2 2.5 $1,378,000 $1,299,000
11/8/2011 112 3/23/2012
1237 ALMA ST Pending 2 2.5 $799,000 $799,000
2/22/2012 8 4/2/2012
2075 YALE ST Pending 2 2.5 $799,000 $799,000
1/25/2012 9 3/6/2012
2466 W BAYSHORE RD UNIT 3 Pending 2 1 $368,900 $354,900
1/6/2012 52 2/29/2012
157 S CALIFORNIA AVE UNIT H100 Pending 2 2 $849,000 $849,000
1/19/2012 39 3/28/2012
1382 FOREST AVE Sold 5 4+ $4,395,000 $4,395,000 $4,400,000 2/8/2012 9 2/28/2012
1270 CEDAR ST Sold 4 2.5 $2,100,000 $2,100,000 $2,435,000 2/5/2012 12 3/1/2012
529 MAYBELL AVE Sold 4 3 $1,650,000 $1,650,000 $1,580,000 1/25/2012 25 2/28/2012
3743 REDWOOD CIR Sold 3 2 $1,149,000 $1,149,000 $1,110,000 1/12/2012 11 2/22/2012
1112 HIGH ST Sold 4 3 $2,450,000 $2,295,000 $2,250,000 1/2/2012 43 2/28/2012
3395 LOUIS RD Sold 4 2 $1,199,000 $1,199,000 $1,199,000 11/28/2011 44 2/29/2012
264 CHANNING AVE Sold 3 3 $1,899,000 $1,699,000 $1,550,000 11/9/2011 65 3/1/2012
4060 MANZANA LN Sold 6+ 4+ $4,250,000 $4,250,000 $4,015,000 9/6/2011 134 2/27/2012
602 CHIMALUS DR Sold 4 3 $1,750,000 $1,689,000 $1,640,000 8/12/2011 159 2/24/2012
674 HAMILTON AVE UNIT A Sold 2 2.5 $899,000 $899,000 $910,000 2/8/2012 7 2/29/2012
420 CAMBRIDGE AVE UNIT 3 Sold 3 2.5 $1,450,000 $1,450,000 $1,450,000 12/11/2011 75 2/24/2012
555 BYRON ST UNIT 207 Sold 2 2 $625,000 $625,000 $550,000 11/1/2011 103 2/27/2012
455 GRANT AVE UNIT 11 Sold 3 2 $795,000 $659,000 $647,000 7/20/2011 182 2/20/2012

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 23 Feb 2012 22:02:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 2/24/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-33466 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-33466

The number of homes available for sale in Palo Alto still dropping - 40 homes are on the market today.  This is a dramatic change from the market last year when 75 homes were in active state - see our last year post. The number of new contracts is outpacing the new listings demonstrating continuous high demand for the housing in our city.  Homes on Georgia went into pending state last week after receiving 38 offers.  We will have to wait for the close of escrow to learn the final price.  The week in numbers:

  • 13 homes were listed this week, 10 single family homes and 3 condos.  Even though it is an increase from the last week, new contracts are outpacing the listings and inventory of homes available for sale is shrinking.  There are 40 home available for sale in Palo Alto at this time.
  • 16 new contracts were accepted and homes went into pending state, two more than last week.
  • 6 escrows were closed this week.
  • One home was taken off the market and was immediately re-listed at lower price.

Note that addressed 3500 Emma Ct. and 3502 Emma Ct. cannot be mapped by most sites at this time - see the map at the end of the post for the location.  Emma is a 4-home cul-de-sac in Barron Park in Palo Alto, off Matadero Ave.

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**
2021 NEWELL RD Active 5 3 $2,698,000 $2,698,000
2/23/2012 0
890 NEWELL RD Active 3 2 $1,395,000 $1,395,000
2/23/2012 0
717 MAPLEWOOD AVE Active 3 2 $1,060,000 $1,060,000
2/23/2012 0
1326 EMERSON ST Active 5 3.5 $3,495,000 $3,495,000
2/23/2012 0
3502 EMMA CT Active 4 3 $2,295,000 $2,295,000
2/23/2012 0
3111 ALEXIS DR Active 5 4+ $3,650,000 $3,650,000
2/22/2012 1
350 OXFORD AVE Active 4 3.5 $2,600,000 $2,600,000
2/22/2012 1
4105 PARK BL Active 3 2 $950,000 $950,000
2/21/2012 2
530 IRVEN CT Active 5 4+ $1,598,000 $1,598,000
2/20/2012 3
1028 PARADISE WAY Active 4 2.5 $1,595,000 $1,595,000
2/17/2012 6
622 LOMA VERDE AVE Active 3 2.5 $1,499,000 $1,499,000
2/9/2012 14
777 SAN ANTONIO RD UNIT 139 Active 3 2 $599,000 $599,000
2/23/2012 0
1237 ALMA ST Active 2 2.5 $799,000 $799,000
2/22/2012 1
4248 RICKEYS WAY UNIT M Active 3 2.5 $840,000 $840,000
2/21/2012 2
3490 BRYANT ST Pending 5 3 $1,895,000 $1,895,000
2/15/2012 7 3/14/2012
702 GARLAND DR Pending 3 2 $1,495,000 $1,495,000
2/13/2012 8 3/14/2012
1382 FOREST AVE Pending 5 4+ $4,395,000 $4,395,000
2/8/2012 9 2/28/2012
1270 CEDAR ST Pending 4 2.5 $2,100,000 $2,100,000
2/5/2012 12 3/2/2012
510 WASHINGTON AVE Pending 4 4+ $3,850,000 $3,850,000
1/25/2012 21 3/13/2012
3453 ASHTON CT Pending 4 2.5 $1,828,000 $1,828,000
2/15/2012 8 3/14/2012
118 CHURCHILL AVE Pending 6+ 4+ $2,250,000 $2,250,000
2/6/2012 12 4/3/2012
529 MAYBELL AVE Pending 4 3 $1,650,000 $1,650,000
1/25/2012 25 3/12/2012
4217 MANUELA AVE Pending 5 4+ $3,195,000 $3,195,000
1/23/2012 27 8/31/2012
2615 COWPER ST Pending 4 3.5 $2,295,000 $2,295,000
1/18/2012 35 3/9/2012
2585 PARK BL UNIT Z206 Pending 2 2.5 $680,000 $680,000
2/17/2012 4 3/15/2012
771 LOMA VERDE AVE UNIT B Pending 3 2.5 $939,000 $939,000
2/15/2012 7 3/23/2012
730 LAYNE CT Pending 3 2.5 $1,099,000 $1,099,000
2/10/2012 11 3/28/2012
4238 RICKEYS WAY UNIT T Pending 3 3 $950,000 $950,000
2/8/2012 9 3/26/2012
566 VISTA AVE Pending 1 1 $378,000 $378,000
1/26/2012 23 3/20/2012
2460 W BAYSHORE RD UNIT 2 Pending 2 1 $369,500 $369,500
1/6/2012 33 3/8/2012
2587 EMERSON ST Sold 4 3 $1,800,000 $1,800,000 $2,000,000 2/1/2012 8 2/21/2012
3188 STELLING DR Sold 3 2 $1,175,000 $1,175,000 $1,195,000 1/25/2012 9 2/22/2012
3858 MAGNOLIA DR Sold 4 2.5 $1,849,000 $1,849,000 $1,940,000 1/19/2012 6 2/17/2012
3500 EMMA CT Sold 4 3.5 $2,250,000 $2,250,000 $2,250,000 1/19/2012 4 2/23/2012
135 BRYANT ST Sold 2 2.5 $995,000 $995,000 $1,100,000 1/25/2012 15 2/23/2012
330 BRYANT ST Sold 3 2.5 $1,288,000 $1,245,000 $1,220,000 10/6/2011 110 2/23/2012
3502 EMMA CT Canceled 4 3 $2,395,000 $2,395,000
01/19/12 35

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

Emma_ct

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 16 Feb 2012 22:31:08 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 2/17/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-44277 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-44277

For the third consecutive week the interest rates are staying at record lows - see our earlier post.  At the same time, the number of homes available for sale in Palo Alto is also very low.  Same week last year there were 68 homes on the market with 14 new listings over the course of the week - follow this link for the last year post.  Compare this with 42 home available and 9 new listings this week.  The buyers' interest level and activity is very high and open houses are very busy.  Multiple offer situations are becoming a norm and cash purchases are very common.  The week in numbers:

  • 9 homes were listed this week, 7 single family homes and 2 condos.  The inventory is going down with only 42 home available for sale in Palo Alto.
  • 14 new contracts were accepted and homes went into pending state.
  • 8 escrows were closed this week.
  • There were no homes taken of the market.  Everything sells these days, I guess...

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**
3453 ASHTON CT Active 4 2.5 $1,828,000 $1,828,000
2/15/2012 1
825 SUTTER AVE Active 4 3 $2,495,000 $2,495,000
2/15/2012 1
3490 BRYANT ST Active 5 3 $1,895,000 $1,895,000
2/15/2012 1
742 LOMA VERDE AVE Active 4 2.5 $1,495,000 $1,495,000
2/15/2012 1
2886 EMERSON ST Active 6+ 3 $1,799,900 $1,799,900
2/15/2012 1
2350 CARMEL DR Active 4 2 $1,299,000 $1,299,000
2/14/2012 2
702 GARLAND DR Active 3 2 $1,495,000 $1,495,000
2/13/2012 3
771 LOMA VERDE AVE UNIT B Active 3 2.5 $939,000 $939,000
2/15/2012 1
730 LAYNE CT Active 3 2.5 $1,099,000 $1,099,000
2/10/2012 6
1112 TRINITY LN UNIT 66 Active 3 2.5 $900,000 $925,000
1/19/2012 28
3610 RAMONA CIR Pending 3 2 $1,295,000 $1,295,000
2/8/2012 8 3/23/2012
663 GEORGIA AVE Pending 3 2 $1,195,000 $1,195,000
2/6/2012 9 3/1/2012
947 VAN AUKEN CIR Pending 3 1 $949,000 $949,000
1/29/2012 12 3/2/2012
651 E MEADOW DR Pending 5 3 $1,267,000 $1,267,000
1/10/2012 16 3/1/2012
2105 EMERSON ST Pending 3 2 $1,845,000 $1,845,000
11/16/2011 79 3/5/2012
711 MAYVIEW AVE Pending 5 3.5 $1,950,000 $1,950,000
2/7/2012 8 3/30/2012
1003 CATHCART WAY Pending 3 2 $1,395,000 $1,395,000
1/28/2012 17 3/16/2012
510 WASHINGTON AVE Pending 4 4+ $3,850,000 $3,850,000
1/25/2012 21 3/13/2012
1112 HIGH ST Pending 4 3 $2,450,000 $2,295,000
1/2/2012 43 2/28/2012
674 HAMILTON AVE UNIT A Pending 2 2.5 $899,000 $899,000
2/8/2012 7 2/29/2012
4250 EL CAMINO REAL UNIT B120 Pending 2 1 $448,000 $448,000
2/1/2012 14 3/15/2012
135 BRYANT ST Pending 2 2.5 $995,000 $995,000
1/25/2012 15 2/23/2012
555 BYRON ST UNIT 207 Pending 2 2 $625,000 $625,000
11/1/2011 103 2/27/2012
2460 W BAYSHORE RD UNIT 2 Pending 2 1 $369,500 $369,500
1/6/2012 33 3/8/2012
900 N CALIFORNIA AVE Sold 6+ 4+ $3,595,000 $3,595,000 $4,200,000 1/30/2012 9 2/13/2012
715 SEMINOLE WAY Sold 3 2 $1,085,000 $1,085,000 $1,320,000 1/18/2012 7 2/14/2012
4054 BEN LOMOND DR Sold 3 2 $1,399,000 $1,399,000 $1,435,000 1/16/2012 17 2/15/2012
1236 COLLEGE AVE Sold 5 4+ $2,795,000 $2,795,000 $2,795,000 1/12/2012 7 2/15/2012
861 NEWELL PL Sold 4 3 $1,999,000 $1,999,000 $2,150,000 1/11/2012 6 2/16/2012
581 MARION AVE Sold 2 1 $1,050,000 $1,050,000 $1,200,000 1/9/2012 8 2/8/2012
518 FULTON ST Sold 2 1.5 $1,250,000 $1,250,000 $1,200,000 9/6/2011 83 2/10/2012
101 ALMA ST UNIT 308 Sold 2 2 $499,950 $499,950 $550,000 2/1/2012 5 2/14/2012
153 S CALIFORNIA AVE UNIT F203 Sold 2 1.5 $598,000 $598,000 $598,000 1/4/2012 9 2/15/2012
440 CESANO CT UNIT 306 Sold 2 2 $624,900 $624,900 $615,000 10/26/2011 35 2/10/2012

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 10 Feb 2012 00:55:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 2/10/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-62908 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-62908

The real estate market in Palo Alto is still suffering from the lack of supply.  It seems that the home owners feel the market pressure and are holding back to rip the benefits of the Facebook IPO and other Silicon Valley companies expected to go public.  In reality, it will be some time before the employees will have a chance to cash out their stock options and have a real influence on the market.  If you have to sell this year, there is no reason to wait.  The inventories are low, the interest rates are holding at or near the record lows and the potential buyers are hungry for properties in the most desirable areas like Palo Alt and Los Altos.  The week in numbers:

  • 12 homes were listed this week, 10 single family homes and 2 condos.  The inventory is going down with only 45 home available for sale in Palo Alto.
  • 13 new contracts were accepted and homes went into pending state.
  • 7 escrows were closed this week.
  • 3 homes failed to sell and were taken of the market.

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**
622 LOMA VERDE AVE Active 3 2.5 $1,499,000 $1,499,000
2/9/2012 1
1382 FOREST AVE Active 5 4+ $4,395,000 $4,395,000
2/8/2012 2
3610 RAMONA CIR Active 3 2 $1,295,000 $1,295,000
2/8/2012 2
1433 ALMA ST Active 2 1 $995,000 $995,000
2/7/2012 3
711 MAYVIEW AVE Active 5 3.5 $1,950,000 $1,950,000
2/7/2012 3
663 GEORGIA AVE Active 3 2 $1,195,000 $1,195,000
2/6/2012 4
118 CHURCHILL AVE Active 6+ 4+ $2,250,000 $2,250,000
2/6/2012 4
742 MELVILLE AVE Active 4 3.5 $4,295,000 $4,295,000
2/6/2012 4
1270 CEDAR ST Active 4 2.5 $2,100,000 $2,100,000
2/5/2012 5
4238 RICKEYS WAY UNIT T Active 3 3 $950,000 $950,000
2/8/2012 2
674 HAMILTON AVE UNIT A Active 2 2.5 $899,000 $899,000
2/8/2012 2
2365 EMERSON ST Pending 2 2 $1,199,000 $1,199,000
2/1/2012 7 3/9/2012
2587 EMERSON ST Pending 4 3 $1,800,000 $1,800,000
2/1/2012 8 2/21/2012
900 N CALIFORNIA AVE Pending 6+ 4+ $3,595,000 $3,595,000
1/30/2012 9 2/13/2012
3188 STELLING DR Pending 3 2 $1,175,000 $1,175,000
1/25/2012 9 2/21/2012
3245 BRYANT ST Pending 5 3 $1,798,000 $1,798,000
1/25/2012 14 3/8/2012
1135 WEBSTER ST Pending 2 1 $1,350,000 $1,350,000
1/19/2012 0 3/1/2012
602 CHIMALUS DR Pending 4 3 $1,750,000 $1,689,000
8/12/2011 159 3/1/2012
2105 EMERSON ST Pending 3 2 $1,845,000 $1,845,000
11/16/2011 79 3/5/2012
440 CESANO CT UNIT 306 Pending 2 2 $624,900 $624,900
10/26/2011 35 2/29/2012
330 BRYANT ST Pending 3 2.5 $1,288,000 $1,245,000
10/6/2011 110 2/17/2012
101 ALMA ST UNIT 308 Pending 2 2 $499,950 $499,950
2/1/2012 5 2/12/2012
4228 RICKEYS WAY UNIT C Pending 3 3 $850,000 $850,000
1/28/2012 12 3/9/2012
2075 YALE ST Pending 2 2.5 $799,000 $799,000
1/25/2012 9 2/28/2012
1136 WEBSTER ST Sold 2 1 $1,599,000 $1,599,000 $1,950,000 2/3/2012 0 2/3/2012
2340 DARTMOUTH ST Sold 6+ 4+ $2,795,000 $2,795,000 $2,850,000 1/19/2012 7 2/2/2012
812 LINCOLN AVE Sold 4 1.5 $1,599,000 $1,599,000 $2,086,000 1/17/2012 10 2/3/2012
3258 EMERSON ST Sold 4 3 $1,795,000 $1,795,000 $2,000,000 1/2/2012 11 2/3/2012
976 ELSINORE DR Sold 4 2 $1,298,000 $1,298,000 $1,498,000 11/30/2011 8 1/18/2012
927 MEARS CT Sold 5 3 $1,748,000 $1,748,000 $1,700,000 10/13/2011 52 2/7/2012
55 PETER COUTTS CIR Sold 2 2 $699,000 $665,000 $653,000 6/2/2011 215 2/9/2012
1710 NEWELL RD Canceled 3 2.5 $1,698,000 $1,698,000 $950,000 12/14/2011 55
1800 WEBSTER ST Canceled 5 4+ $4,900,000 $4,900,000 $2,700,000 11/3/2011 96
1112 TRINITY LN UNIT 66 Withdrawn 3 2.5 $900,000 $900,000 $1,450,000 1/19/2012 15

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 02 Feb 2012 21:39:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 2/3/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-5171 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-5171

One month into the new year, Palo Alto real estate market is still in a winter hibernation mode.  With very few new homes coming to the market, the prices are starting to move up pushing January median sold home price to $1,515,000.  The January price per square foot of $899 was up 5.3% from $854 last month and up 19.1% from $755 in January of last year.  The week in numbers:

  • 10 homes were listed this week, 7 single family homes and 3 condos.  The inventory is staying the same as last week with 49 active listings in Palo Alto.
  • 6 new contracts were accepted and homes went into pending state.  We believe that the market is being slowed down by the number of available homes for sale and, as more listing will be coming to market, we expect the rate of sales to increase.
  • 6 escrows were closed this week.
  • 1 home was taken of the market.

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**
3901 LAGUNA AVE Active 4 3 $2,199,000 $2,199,000
2/2/2012 0
2365 EMERSON ST Active 2 2 $1,199,000 $1,199,000
2/1/2012 1
2587 EMERSON ST Active 4 3 $1,800,000 $1,800,000
2/1/2012 1
895 ALLARDICE WAY Active 3 3 $1,538,000 $1,538,000
2/1/2012 1
900 N CALIFORNIA AVE Active 6+ 4+ $3,595,000 $3,595,000
1/30/2012 3
947 VAN AUKEN CIR Active 3 1 $949,000 $949,000
1/29/2012 4
1003 CATHCART WAY Active 3 2 $1,395,000 $1,395,000
1/28/2012 5
4250 EL CAMINO REAL UNIT B120 Active 2 1 $448,000 $448,000
2/1/2012 1
101 ALMA ST UNIT 308 Active 2 2 $499,950 $499,950
2/1/2012 1
4228 RICKEYS WAY UNIT C Active 3 3 $850,000 $850,000
1/28/2012 5
445 GUINDA ST Pending 2 1 $1,195,000 $1,195,000
1/25/2012 7 2/8/2012
3180 MORRIS DR Pending 3 2 $1,098,000 $1,098,000
1/25/2012 8 3/10/2012
1030 GREENWOOD AVE Pending 4 3 $1,999,000 $1,999,000
1/21/2012 11 3/2/2012
812 LINCOLN AVE Pending 4 1.5 $1,599,000 $1,599,000
1/17/2012 10 2/3/2012
1236 COLLEGE AVE Pending 5 4+ $2,795,000 $2,795,000
1/12/2012 7 2/15/2012
4054 BEN LOMOND DR Pending 3 2 $1,399,000 $1,399,000
1/16/2012 17 2/10/2012
2928 BRYANT ST Sold 2 1 $1,098,000 $1,098,000 $1,523,000 1/1/2012 13 1/31/2012
746 SAN CARLOS CT Sold 2 2 $820,000 $820,000 $931,000 12/10/2011 13 1/28/2012
3665 RAMONA CIR Sold 4 2 $1,489,000 $1,489,000 $1,489,000 12/7/2011 41 2/2/2012
434 FULTON ST Sold 2 1 $995,000 $995,000 $950,000 11/15/2011 15 1/13/2012
154 BRYANT ST Sold 4 3.5 $2,750,000 $2,750,000 $2,700,000 11/14/2011 37 1/27/2012
3905 PAGE MILL RD Sold 5 4+ $1,498,000 $1,498,000 $1,450,000 8/1/2011 67 1/24/2012
3366 VERNON TE Withdrawn 5 4 $2,288,000 $2,288,000
10/02/11 121

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Fri, 27 Jan 2012 00:38:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 1/27/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-35389 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-35389

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 19 Jan 2012 20:21:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 1/20/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-50794 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-50794

Today should be the first rainy day of the year.  Even though we need rain, the warm and sunny weather was a treat.  The open houses were busy and new listings attracted a lot of attention.  One of the homes that was listed last week received 13 offers.  The interest rates continued their decline and, for the seventh consecutive week, 30-year fixed rate stayed below 4%.  The week in numbers:

  • 13 homes were listed this week, 11 single family homes and 2 condos.  The inventory is still very low with only 40 homes available for sale in Palo Alto.
  • 12 new contracts were accepted and homes went into pending state.
  • Only one home closed escrow this week.  Keep in mind that the close of escrow usually happens 30 days after the contract being negotiated.  This low numbe is a direct result of holiday slowdown at the end of December.
  • 2 homes failed to sell and were taken off the market.

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**
3858 MAGNOLIA DR Active 4 2.5 $1,849,000 $1,849,000
1/19/2012 0
2340 DARTMOUTH ST Active 6+ 4+ $2,795,000 $2,795,000
1/19/2012 0
3502 EMMA CT Active 4 3 $2,395,000 $2,395,000
1/19/2012 0
3500 EMMA CT Active 4 3.5 $2,250,000 $2,250,000
1/19/2012 0
1734 FULTON ST Active 4 4+ $5,250,000 $5,250,000
1/18/2012 1
715 SEMINOLE WAY Active 3 2 $1,085,000 $1,085,000
1/18/2012 1
2615 COWPER ST Active 4 3.5 $2,295,000 $2,295,000
1/18/2012 1
812 LINCOLN AVE Active 4 1.5 $1,599,000 $1,599,000
1/17/2012 2
4054 BEN LOMOND DR Active 3 2 $1,399,000 $1,399,000
1/16/2012 3
240 FOREST AVE Active 2 2 $899,000 $899,000
1/19/2012 0
1112 TRINITY LN UNIT 66 Active 3 2.5 $900,000 $900,000
1/19/2012 0
861 NEWELL PL Pending 4 3 $1,999,000 $1,999,000
1/11/2012 6 2/23/2012
581 MARION AVE Pending 2 1 $1,050,000 $1,050,000
1/9/2012 8 2/8/2012
3258 EMERSON ST Pending 4 3 $1,795,000 $1,795,000
1/2/2012 11 2/3/2012
2928 BRYANT ST Pending 2 1 $1,098,000 $1,098,000
1/1/2012 13 1/28/2012
264 CHANNING AVE Pending 3 3 $1,899,000 $1,699,000
11/9/2011 65 2/29/2012
1135 WEBSTER ST Pending 2 1 $1,350,000 $1,350,000
1/19/2012 0 3/1/2012
1236 COLLEGE AVE Pending 5 4+ $2,795,000 $2,795,000
1/12/2012 7 2/15/2012
3665 RAMONA CIR Pending 4 2 $1,489,000 $1,489,000
12/7/2011 41 2/14/2012
4060 MANZANA LN Pending 6+ 4+ $4,250,000 $4,250,000
9/6/2011 134 2/27/2012
602 CHIMALUS DR Pending 4 3 $1,750,000 $1,689,000
8/12/2011 159 3/1/2012
455 GRANT AVE UNIT 11 Pending 3 2 $795,000 $659,000
7/20/2011 182 2/15/2012
153 S CALIFORNIA AVE UNIT F203 Pending 2 1.5 $598,000 $598,000
1/4/2012 9 2/12/2012
554 KINGSLEY AVE Sold 5 3.5 $4,000,000 $4,000,000 $3,800,000 11/16/11 12 1/13/2012
657 CHANNING AVE Canceled 3 2 $2,950,000 $2,095,000
1/16/2012 3
2615 COWPER ST Canceled 4 3.5 $2,388,000 $2,388,000
12/7/2011 42

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 12 Jan 2012 22:12:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 1/13/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-85375 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-85375

While the number of new listings and homes sold remain low, we feel a lot of energy in the market with a strong push upwards in the prices.  We got a first glimpse of things to come with a listing of the home at 769 Rosewood Dr.  A 2 bedrooms, 2 bathrooms house is located on 8775 sq. ft. lot close to Midtown shops.  According to the rumors, it was sold with 20 offers at more than 45% over the asking price.  With closing expected to be on 1/20/2012, we will be able to get more details about the sale soon.  The week numbers:

  • 11 homes were listed this week, 8 single family homes and 3 condos.  The inventory is still very low with only 36 homes available for sale in Palo Alto.
  • 5 new contracts were accepted and homes went into pending state, including the on Rosewood Dr. that I mentioned at the beginning.
  • 4 homes closed escrows this week and went to the new owners.
  • No homes were taken off the market.

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**
185 WALTER HAYS DR Active 3 2 $1,398,000 $1,398,000
1/12/2012 0
3743 REDWOOD CIR Active 3 2 $1,149,000 $1,149,000
1/12/2012 0
1236 COLLEGE AVE Active 5 4+ $2,795,000 $2,795,000
1/12/2012 0
861 NEWELL PL Active 4 3 $1,999,000 $1,999,000
1/11/2012 1
651 E MEADOW DR Active 5 3 $1,267,000 $1,267,000
1/10/2012 2
3187 ALEXIS DR Active 4 3.5 $5,250,000 $5,250,000
1/10/2012 2
581 MARION AVE Active 2 1 $1,050,000 $1,050,000
1/9/2012 3
100 FERNE AVE Active 2 2 $499,000 $499,000
1/12/2012 0
2460 W BAYSHORE RD UNIT 2 Active 2 1 $369,500 $369,500
1/6/2012 6
2466 W BAYSHORE RD UNIT 3 Active 2 1 $368,900 $368,900
1/6/2012 6
769 ROSEWOOD DR Pending 2 2 $1,050,000 $1,050,000
1/7/2012 4 1/20/2012
4277 PARK BL Pending 4 2 $845,000 $845,000
1/4/2012 3 3/30/2012
746 SAN CARLOS CT Pending 2 2 $820,000 $820,000
12/10/2011 13 1/17/2012
3726 CARLSON CIR Pending 4 2 $1,288,000 $1,275,000
11/9/2011 31 1/17/2012
3395 LOUIS RD Pending 4 2 $1,199,000 $1,199,000
11/28/2011 44 2/10/2012
3170 ROSS RD Sold 4 2.5 $1,600,000 $1,600,000 $1,515,000 11/2/2011 26 1/4/2012
1220 HAMILTON AVE Sold 2 2.5 $2,195,000 $2,195,000 $2,035,000 9/14/2011 79 1/10/2012
1137 FOREST AVE Sold 3 2 $1,398,000 $1,325,000 $1,299,700 7/6/2011 160 1/6/2012
637 LYTTON AVE Sold 2 2 $698,000 $599,000 $630,000 9/28/2011 77 1/10/2012

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis Thu, 05 Jan 2012 20:05:00 -0800 Palo Alto Real Estate Report: Homes Listed and Sold - Week of 1/6/2012 (Published on Fridays) http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-29350 http://paloaltocal.com/palo-alto-real-estate-report-homes-listed-and-29350

The sales numbers are still low as the new year is getting started.  The interest rates are staying at the record lows and, according to the experts, will stay low at least until the elections.  New listings stated trickling in while the buyers are actively looking for opportunities on the market.  The week numbers:

  • 5 homes were listed this week, 4 single family homes and one condo.  As I mentioned, the inventory is still supper-low with only 33 homes available for sale.  The brokers' tour has only 3 homes listed for this week.
  • 4 new contracts were accepted and homes went into pending state.
  • 6 homes closed escrows this week and went to the new owners.
  • 3 homes failed to sell and were taken off the market.

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**
4277 PARK BL Active 4 2 $845,000 $845,000
1/4/2012 1
3258 EMERSON ST Active 4 3 $1,795,000 $1,795,000
1/2/2012 3
1112 HIGH ST Active 4 3 $2,450,000 $2,450,000
1/2/2012 3
2928 BRYANT ST Active 2 1 $1,098,000 $1,098,000
1/1/2012 4
3395 LOUIS RD Active 4 2 $1,199,000 $1,199,000
11/28/2011 38
153 S CALIFORNIA AVE UNIT F203 Active 2 1.5 $598,000 $598,000
1/4/2012 1
795 ENCINA GRANDE DR Pending 4 3 $1,595,000 $1,448,888 $2,788,000 10/6/2011 37 2/10/2012
1137 FOREST AVE Pending 3 2 $1,398,000 $1,325,000 $1,220,000 7/6/2011 160 1/30/2012
1158 DONNER Pending 4 3.5 $998,000 $998,000 $1,314,000 11/14/2011 19 12/30/2011
55 PETER COUTTS CIR Pending 2 2 $699,000 $665,000 $368,000 6/2/2011 215 2/9/2012
2220 BRYANT ST Sold 3 2 $1,795,000 $1,795,000 $1,740,125 11/9/2011 9 1/3/2012
3798 LAGUNA AVE Sold 5 3.5 $2,498,000 $2,498,000 $2,420,000 10/20/2011 14 1/3/2012
2030 PARK BL Sold 3 3 $1,790,000 $1,250,000 $1,400,000 6/8/2011 160 1/2/2012
237 HIGH ST Sold 2 2 $875,000 $875,000 $875,000 11/9/2011 28 12/28/2011
4054 VILLA VI Sold 2 2.5 $775,000 $775,000 $746,600 11/1/2011 20 1/5/2012
410 SHERIDAN AVE UNIT 447 Sold 1 1 $499,000 $489,000 $478,000 8/10/2011 124 12/28/2011
742 MELVILLE AVE Canceled 4 3.5 $4,295,000 $4,295,000
12/8/2011 22
4250 EL CAMINO REAL UNIT 306 Canceled 1 1 $425,000 $425,000
7/30/2011 159
4141 CAMPANA DR Expired 4 2 $1,950,000 $1,950,000
7/6/2011 179

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

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]]> http://files.posterous.com/user_profile_pics/1936215/MT_79x79.jpeg http://posterous.com/users/36UPl5X1j7BT Michael Talis Michael T. Michael Talis