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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 NEW LISTINGS, PENDING AND SOLD LISTINGS IN MENLO PARK

We had 13 new listings this week of single family homes as oppose to 12 the week before in Menlo Park. 11 houses changed status to pending as oppose to 10 the week before and 14 closed escrow as oppose to 6 the week before.

The inventory is  better. Most of the new listings are selling within one week. All listings  that closed escrow this week sold significantly above the asking price but 6 confirming a continuing strong market for the year.

 The market remains a strong 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 : 13

Pending: 11

Sold: 14

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

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