1 minute read
Menlo Park
What's in the Menlo Park data?
The real estate market in Menlo Park shows a strong demand for single-family homes, with only 0.8 months of inventory currently available for sale. In February, there were 21 new listings and 22 homes sold, providing 0.8 months of inventory; with a median sale price of $4.2m and median overbid of 96.5%. The average time on the market was 22 days.
The condo market in Menlo Park has 1.2 months of inventory currently available for sale. There were 3 new condo listings and 1 condo sold, with a median sale price of $1.2m and a median overbid of 98.1%. The average time on the market for condos was 52 days.
SFH Single-Family Homes
21 New Listings
22 Sold Listings
0.8 Months of Inventory
$4.2M Median Sale Price
96.5% Median Sale vs List
22 Avg Days on Market
This data was sourced from Broker Metrics on March 3rd, 2023 and includes all single-family homes, condos, and townhomes in the California Area above from February 2022 to February 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 4154839285 Palo Alto | DRE# 01511642 Copyright KW Advisors 2023 Each Office is independently owned and operated