Intero's Market Report

Menlo Park, CA

Single-Family Homes



Menlo Park, CA

Mon Jan 24 2022
This week the median list price for Menlo Park, CA is $3,825,000 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has held steady at or around 15. Click here to stay informed with the Menlo Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Menlo Park, CA

Mon Jan 24 2022
This week the median list price for Menlo Park, CA is $3,825,000 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has held steady at or around 15. Click here to stay informed with the Menlo Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Menlo Park market.
Median List Price $3,825,000
Median Price of New Listings $2,687,000
Per Square Foot $1,734
Average Days on Market 101
Median Days on Market 70
Price Decreased 20%
Price Increased 7%
Relisted 20%
Inventory 15
Median Rent $4,645
Market Action 66
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$7,998,000 4,270 0.25 - 0.5 acre 5 5 1 0 0 91
$5,191,944 2,560 0.25 - 0.5 acre 4 4 66 0 2 129
$2,998,500 1,938 4,500 - 6,500 sqft 4 3 1 2 2 45
$1,198,944 970 4,500 - 6,500 sqft 2 1.5 70 2 2 3