Menlo Park Real Estate Market

Menlo Park Market

The median sale price for homes in Menlo Park over the last 12 months is $975,000.


The median mortgage debt is $536,849.

Additional Statistics for Single Family Homes and Condos in Menlo Park, CA
$1,286,630
Median Listing Price
16
Median Days on Market
53
Active Listings
1.9%
Distressed Listings
(foreclosures and short sales)
Menlo Park, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Menlo Park is $1,409,500. The list prices dropped by -10.36% from the previous month.

The median sale price in December for single family homes is $424,000. The sale prices dropped by -61.97% from the previous month.

The price per square foot for sales in this area is $483.

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Menlo Park, CA Market Inventory Trends

The number of active listings in Menlo Park increased by 31.3% from the previous month.

The median number of days active properties have been listed is 15. This is significantly shorter than the national average.

The number of sales in December dropped by 62.9% from the previous month.

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Menlo Park, CA Property Ownership

The percent of unoccupied properties is very low in Menlo Park. It is -9.63% below the national average.

The percent of rental properties in Menlo Park is 21.71% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.