Palo Alto, Ca Single Family Home Sales from 05-03-09 to 05-17-09
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Single Family Residential |
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Address |
City |
Beds |
Bath |
DOM |
CDOM |
LOE |
SqFt |
$/SqFt |
Lot(SqFt) |
List Price |
Age |
Sale Price |
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SOLD |
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4090 Orme St |
Palo Alto |
5 |
3 |
15 |
15 |
6 |
3,260 |
$797.55 |
16,830 |
$2,538,000 |
11 |
$2,600,000 |
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3318 Waverley St |
Palo Alto |
6+ |
4+ |
86 |
86 |
6 |
3,900 |
$638.46 |
7,084 |
$2,495,000 |
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$2,490,000 |
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1468 Hamilton Av |
Palo Alto |
4 |
3 |
18 |
18 |
28 |
2,853 |
$823.69 |
7,500 |
$2,350,000 |
68 |
$2,350,000 |
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561 Center Dr |
Palo Alto |
3 |
2 |
72 |
72 |
3 |
1,554 |
$1,470.4 |
11,627 |
$2,495,000 |
81 |
$2,285,000 |
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715 Frenchmans Rd |
Palo Alto |
4 |
3 |
7 |
7 |
41 |
3,581 |
$530.58 |
19,575 |
$1,895,000 |
48 |
$1,900,000 |
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4260 Wilkie Wy |
Palo Alto |
6+ |
4+ |
300 |
300 |
23 |
3,400 |
$552.94 |
8,712 |
$2,100,000 |
1 |
$1,880,000 |
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2636 Waverley St |
Palo Alto |
4 |
3 1/2 |
15 |
15 |
28 |
2,609 |
$718.67 |
6,700 |
$1,939,000 |
17 |
$1,875,000 |
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1128 Webster St |
Palo Alto |
3 |
4+ |
10 |
10 |
11 |
2,200 |
$843.18 |
10,000 |
$1,900,000 |
103 |
$1,855,000 |
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329 Lincoln Av |
Palo Alto |
4 |
2 |
143 |
143 |
13 |
2,816 |
$605.47 |
6,809 |
$1,850,000 |
109 |
$1,705,000 |
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904 Cowper St |
Palo Alto |
4 |
2 |
145 |
145 |
15 |
1,736 |
$892.86 |
5,000 |
$1,699,000 |
103 |
$1,550,000 |
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365 Hawthorne Av |
Palo Alto |
2 |
1 |
13 |
13 |
34 |
1,446 |
$1,063.62 |
7,405 |
$1,395,000 |
104 |
$1,538,000 |
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3825 Grove Av |
Palo Alto |
4 |
3 |
34 |
34 |
27 |
2,507 |
$598.32 |
10,950 |
$1,650,000 |
63 |
$1,500,000 |
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3355 Saint Michael Ct |
Palo Alto |
5 |
3 |
50 |
50 |
37 |
2,744 |
$546.65 |
7,029 |
$1,548,000 |
54 |
$1,500,000 |
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2064 Harvard St |
Palo Alto |
4 |
4+ |
12 |
12 |
25 |
1,950 |
$702.56 |
6,875 |
$1,350,000 |
79 |
$1,370,000 |
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3421 Greer Rd |
Palo Alto |
4 |
3 |
32 |
32 |
25 |
1,859 |
$699.3 |
6,435 |
$1,388,000 |
51 |
$1,300,000 |
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1842 Edgewood Dr |
Palo Alto |
3 |
2 |
13 |
13 |
35 |
2,007 |
$622.82 |
6,464 |
$1,329,000 |
59 |
$1,250,000 |
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3382 Kenneth Dr |
Palo Alto |
4 |
2 |
29 |
29 |
26 |
1,674 |
$596.77 |
6,500 |
$999,000 |
51 |
$999,000 |
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4130 Mackay Dr |
Palo Alto |
4 |
3 |
20 |
20 |
28 |
1,660 |
$601.2 |
8,280 |
$1,075,000 |
55 |
$998,000 |
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710 Seminole Wy |
Palo Alto |
3 |
2 |
80 |
80 |
21 |
1,144 |
$844.41 |
6,000 |
$995,000 |
55 |
$966,000 |
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AVERAGE VALUES |
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58 |
58 |
23 |
2,363 |
$744.71 |
8,725 |
$1,736,316 |
62 |
$1,679,526 |
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AVERAGE VALUES FOR ALL |
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58 |
58 |
23 |
2,363 |
$744.71 |
8,725 |
$1,736,316 |
62 |
$1,679,526 |
1468 Hamilton originally listed for $2,750,000.
4260 Wilkie originally listed for $2,795,000.
Again, the number of multiple price reductions have gone down dramatically indicating that the seller expectations are getting closer in line to the buyer's.
Palo Alto Single Family Home Market Update 05-17-09
As of today this is the snapshot of the Palo Alto single family home market:
138 Active listings
54 Pending sales
What does this mean? The inventory of active listings decreased by 10 while pending sales are increased by 7. . We are now better than a 1 to 3 pending to active ratio which is not too bad. Again, the over 2 million market is a little better with 47 active listings and 15 pending sales which is 4 few active and 5 more pending sales than 2 weeks ago. Under 2 million there are 91 active listings and 41 pending sales. I know for a fact that on Mon there will be 2 less active listings and 2 more pending sales which will make it 89 active and 43 pendings, putting the ration at very close to 1 to 2 which is definitely improving. It is also possible that increase in the stock market is also freeing up some cash which is helping the buyers' down payment problems along with the easing up of down payment requirements. Overall, things are a little better than they were a few months ago, and even better than a few weeks ago with more realistic sellers and more qualified buyers. This is traditionally the busiest selling time so it will be interesting to see if the improvement holds.
Solds will be separate again.
If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
www.marcymoyer.com
Palo Alto Single Family Home Market Update 05-01-09
As of today this is the snapshot of the Palo Alto single family home market:
148 Active listings
47 Pending sales
10 Closed sales since April 22
What does this mean? The inventory of active listings is not increasing as much as pending sales are increasing. We are now at a 1 to 3 pending to active ratio which is not too bad. Again, the over 2 million market is a little better with 51 active listings and 10 pending sales. Under 2 million there are 98 active listings and 37 pending sales, less than a 1 to 3 ratio of pending to active, which is definitely improving. It is also possible that increase in the stock market is also freeing up some cash which is helping the buyers' down payment problems along with the easing up of down payment requirements. Overall, things are a little better than they were a few months ago with more realistic sellers and more qualified buyers.
Solds will be separate again.
If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
www.marcymoyer.com
| SOLD | ||||||||||||
| 800 E Greenwich Pl | Palo Alto | 5 | 4+ | 28 | 28 | 34 | 5,069 | $798.97 | 10,454 | $4,098,000 | 6 | $4,050,000 |
| 1311 Parkinson Av | Palo Alto | 6+ | 3 1/2 | 16 | 16 | 40 | 4,506 | $826.68 | 7,350 | $4,075,000 | $3,725,000 | |
| 2200 Byron St | Palo Alto | 4 | 2 1/2 | 40 | 40 | 22 | 2,064 | $1,405.04 | 13,888 | $3,199,000 | 60 | $2,900,000 |
| 1444 Pitman Av | Palo Alto | 4 | 2 1/2 | 34 | 34 | 14 | 2,500 | $680 | 7,875 | $1,850,000 | 53 | $1,700,000 |
| 425 Alder Ln | Palo Alto | 5 | 3 1/2 | 20 | 20 | 29 | 2,893 | $501.21 | $1,495,900 | 1 | $1,450,000 | |
| 731 Gailen Av | Palo Alto | 4 | 2 | 9 | 9 | 8 | 2,187 | $619.57 | 8,285 | $1,298,000 | 51 | $1,355,000 |
| 65 Alannah Ct | Palo Alto | 3 | 2 | 11 | 11 | 25 | 1,592 | $832.29 | 6,885 | $1,349,000 | 59 | $1,325,000 |
| 3474 Kenneth Dr | Palo Alto | 4 | 2 | 5 | 5 | 36 | 1,659 | $754.07 | 6,534 | $1,249,000 | 52 | $1,251,000 |
| 2672 Kipling St | Palo Alto | 3 | 2 | 10 | 10 | 28 | 1,533 | $815.39 | 5,662 | $1,095,000 | 53 | $1,250,000 |
| 3390 Greer Rd | Palo Alto | 5 | 2 | 15 | 15 | 30 | 1,965 | $610.69 | 7,381 | $1,388,000 | 52 | $1,200,000 |
| 3114 Avalon Ct | Palo Alto | 3 | 2 | 5 | 5 | 23 | 1,270 | $826.77 | 7,272 | $999,000 | 58 | $1,050,000 |
| 405 Oregon Av | Palo Alto | 3 | 1 | 58 | 58 | 29 | 1,230 | $853.66 | 8,125 | $1,138,000 | 59 | $1,050,000 |
| 3244 Waverley St | Palo Alto | 2 | 1 | 7 | 7 | 29 | 925 | $1,054.05 | 6,250 | $998,000 | 59 | $975,000 |
| 798 Palo Alto Av | Palo Alto | 2 | 1 | 15 | 15 | 23 | 936 | $988.25 | 4,230 | $895,000 | 93 | $925,000 |
| 2370 Middlefield Rd | Palo Alto | 2 | 1 | 55 | 55 | 30 | 1,122 | $726.38 | 5,000 | $875,000 | 62 | $815,000 |
| AVERAGE VALUES | 22 | 22 | 27 | 2,097 | $819.53 | 7,514 | $1,733,460 | 51 | $1,668,067 |
1444 Pitman originally listed at $1,975,000.
Two things struck me this week. The first is that the number of multiple price reductions is down a lot right now. Either the sellers or the agents or both seem to be a little more in line with the buyers expectations and appraisers demands. The second thing is that there were a number of homes with pools which is a little unusual for Palo Alto. 4 of the homes sold had pools while nowhere near 25% of the homes in Palo Alto have them. It is probably just a fluke, but it may also signal a little change in demographics as to who is buying. Maybe older families are back in the market place, instead of just young families, which would be move up buyers that had been absent during this crash may be coming back. Or maybe it means nothing. We'll see.
This information comes from the MLS and is deemed reliable but not guarenteed.
Palo Alto Single Family Home Market Update 04-19-09
As of today this is the snapshot of the Palo Alto single family home market:
143 Active listings
39 Pending sales
13 Closed sales this month
What does this mean? There has been some change in inventory this week with 7 more active listings and 7 more pending sales which is a 25% increase in pending sales with only a less than 5% increase in active listings. This may be because the easing up a little on jumbo loans. B of A has a loan with 20% down up to a million and a half dollar loan and other banks being more aggressive with their 5 year fixed loans. Again, the over 2 million market is very slow with 53 active listings and 4 pending sales. Under 2 million there are 90 active listings and 35 pending sales, less than a 1 to 3 ratio of pending to active, which is definitely improving. It is also possible that increase in the stock market is also freeing up some cash which is helping the buyers' down payment problems.
I am behind on solds for this month so I will do them all as a separate blog post next.
If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
www.marcymoyer.com
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