New Growth Trend in Price Cuts for Menlo Park Real Estate Market

This week in the Menlo Park market, sales fell to 19 homes sold over the last 30 days, even as it endures an emerging upward trend in price reductions, with 23 reported in the same time frame. The median sales price rose to $1,550,000, up from last week's $1,507,500. Despite the slip in sales, a relatively low three months of inventory indicates that Menlo Park is a seller's market.

If you're trying to find a bargain, make sure you look into these homes in Menlo Park with recent price reductions:

$6.8M   $5M   $5.8M  

Get started right now by checking out Menlo Park homes for sale or reviewing Menlo Park real estate trends.

Demographic facts about Menlo Park:

  • The total number of vacant homes in the area is 5.6%.
  • This area usually gets 255 sunny days each year. (U.S. average: 205)
  • Job market growth came in at 1.98% last year.
  • For every librarian there are 731 students in this area. (803 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Better Homes and Gardens Real Estate J.F. Finnegan
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