Arn Cenedella

Archive for the 'Menlo Park Real Estate' Category

New Listing in Menlo Park CA

New Listing in Menlo Park CA

Originally uploaded by ArnCenedella

Arn Cenedella has just listed 1100 Pine St Menlo Park CA for $949000. This newer 2 story 3 bedroom 2.5 bath home has hardwood floors and vaulted ceilings. Residence contains apprx 1700sf of living area plus 1 car garage. Only 18 years old and located within walking distance to downtown and the Civic Center.
For a sneak preview, just give me a call. 650 575-6114.

Arn
Sent via BlackBerry by AT&T

Menlo Park Real Estate Update 6/21/09

It is appears that the Menlo Park market has been fairly stable over the past month as the ratio of pending sales to active listings has remained fairly stable.

Here are this week’s numbers:

13 new listings in Menlo Park this week.

10 new pending sales in Menlo Park this week.

101 current available listings in Menlo Park.

52 pending sales in Menlo Park.

51.5 % pending ratio

Menlo Park Real Estate Update 5/31/09

Menlo Park Real Estate Update 5/24/09

Menlo Park Real Estate Update 5/17/09

Menlo Park Real Estate Update 5/10/09

Menlo Park Real Estate Update 5/3/09

Menlo Park Real Estate Update 4/19/09

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here

Menlo Park Real Estate Update 5/31/09

Here are this week’s numbers:

5 new listings in Menlo Park this week.

7 new pending sales in Menlo Park this week.

103 current available listings in Menlo Park.

59 pending sales in Menlo Park.

48.6 % pending ratio

Menlo Park Real Estate Update 5/24/09

Menlo Park Real Estate Update 5/17/09

Menlo Park Real Estate Update 5/10/09

Menlo Park Real Estate Update 5/3/09

Menlo Park Real Estate Update 4/19/09

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here

Menlo Park Real Estate Update 5/24/09

Here are this week’s numbers:

10 new listings in Menlo Park this week.

10 new pending sales in Menlo Park this week.

109 current available listings in Menlo Park.

63 pending sales in Menlo Park.

57.8 % pending ratio

Menlo Park Real Estate Update 5/17/09

Menlo Park Real Estate Update 5/10/09

Menlo Park Real Estate Update 5/3/09

Menlo Park Real Estate Update 4/19/09

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here.

Menlo Park Real Estate Update 5/17/09

10 new listings in Menlo Park this week.

12 new pending sales in Menlo Park this week.

113 current available listings in Menlo Park.

66 pending sales in Menlo Park.

58.4 % pending ratio

Menlo Park Real Estate Update 5/10/09

Menlo Park Real Estate Update 5/3/09

Menlo Park Real Estate Update 4/19/09

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here.

The San Francisco Peninsula real estate market is picking up!

There is lot of data about the local real estate market out there.

Much of it is conflicting and one really needs to pay attention to what the data SPECIFICALLY measures.

So I am going to write about what I see and am experiencing on a first hand basis in my own business and in my office.

The past few weeks, my office has averaged about 15 sales per week.

During the first three months of the year, I would say my office weekly sales were more like 5 to 7 per week.

In the past few weeks, my office has sold some property at very high prices – $6M, $4M, and $3M.

That being said, the upper end of the market is still much weaker than the lower end.

In the past week, I wrote 4 offers for my buyer clients and 1 was accepted - the other 3 lost out in multiple offer situations. This offers were in the entry level price range.

This increased market activity is due to several factors in my humble opinion:

1. Buyers are feeling a little more confident about their jobs and the economy.

While the economy is still weak, the attitude is much more positive NOW than it was in October and November 2008. When the stock market was dropping like a rock and our wonderful leaders in Washington DC (Not!) were preaching doom and gloom, many of us were worried about whether our economic/financial system would survive as we know it. I believe at the present time, most of us believe we will survive – that some tough times are still ahead but that our economic and financial systems will not collapse.

2. Sellers are getting more realistic about prices. Buyers are getting to believe prices are attractive.

Sellers are always about 6 to 9 months behind the buyers – ie the buyers know the market has changed while the sellers refuse to accept reality and hope for the market when there wer 10 offers for every listing.

3. Interest rates are about as low as they can go.

For months, buyers have been wiating for rates to drop and they have. But I think it is now apparent that rates will not go much lower if at all.

We are not out of the woods yet. But things look better than they were 6 months ago.

There are some good buys out there!

Menlo Park Real Estate Update 5/10/09

Here are this week’s numbers:

13 new listings in Menlo Park this week.

11 new pending sales in Menlo Park this week.

112 current available listings in Menlo Park.

62 pending sales in Menlo Park.

55.4 % pending ratio

That is a big increase over the past 2 weeks.

Sellers getting more realistic on pricing and buyers being more confident about the market.

Menlo Park Real Estate Update 5/3/09

Menlo Park Real Estate Update 4/19/09

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here.

Menlo Park Real Estate Update 5/3/09

Here are this week’s numbers:

11 new listings in Menlo Park this week.

20 new pending sales in Menlo Park this week.

110 current available listings in Menlo Park.

61 pending sales in Menlo Park.

55.5 % pending ratio

That is a big increase over the past 2 weeks.

Sellers getting more realistic on pricing and buyers being more confident about the market.

Menlo Park Real Estate Update 4/19/09

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here.

Menlo Park Real Estate Update 4/19/09

Here are this week’s numbers:

20 new listings in Menlo Park this week.

8 new pending sales in Menlo Park this week.

128 current available listings in Menlo Park.

45 pending sales in Menlo Park.

35.2 % pending ratio

Menlo Park Real Estate Update 4/12/09

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here.

Menlo Park Real Estate Update 4/12/09

Here are this week’s numbers:

6 new listings in Menlo Park this week.

13 new pending sales in Menlo Park this week.

119 current available listings in Menlo Park.

45 pending sales in Menlo Park.

37.8 % pending ratio

Pending ratio is increasing. Market appears to be getting stronger.

Menlo Park Real estate Update 4/5/09

Menlo Park Real Estate Updated 3/29/09

Menlo Park Real Estate Update 3/22/09

Menlo Park Real Estate Update 3/15/09

Menlo Park Real Estate Update 3/6/09

Menlo P ark Real Estate Update 2/27/09

For real-time listing updates for Menlo Park sent to your phone, click here.