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Samia Cullen's Blog

Bay Area Silicon Valley - Mid Penninsula Market Activity and Trends

By Samia Cullen | Agent in Palo Alto, CA

WEEK IN REVIEW: ACTIVE LISTINGS, PENDING AND SOLD LISTINGS IN MENLO PARK

We had 12 new listings last week of single family homes as oppose to 7 the week before in Menlo Park. 6 houses changed status to pending as oppose to 9 the week before and  6 closed escrow as oppose to 7  the week before.

The inventory remains low. Most of the new listings are selling within one week.  All listings sold below the asking price but one listing.

 The market remains a seller market

If you are thinking about selling your home, it is a great time to sell, contact me to help you establish a plan to sell your home.

Following is the detailed market activity for Menlo Park:

Active : 12

Pending: 6

Sold: 6

For further details please click on the following link: http://paloaltoproperties.blogspot.com

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