We hadÂ 13Â new listings this week of single family homesÂ as oppose to 12Â the week before in Menlo Park. 11 houses changed status to pending as oppose to 10 the week before andÂ 14 closed escrowÂ as oppose toÂ 6 the week before.
The inventory isÂ better. Most of the new listings are selling within one week. All listingsÂ that closed escrow this week sold significantly above the asking priceÂ butÂ 6 confirming a continuing strong market for the year.
Â 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
For further details please click on the following link: http://paloaltoproperties.blogspot.com