Intero's Market Report

Menlo Park, CA

Single-Family Homes



Menlo Park, CA

Tue Nov 24 2020
This week the median list price for Menlo Park, CA is $3,385,000 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 58. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Menlo Park, CA

Tue Nov 24 2020
This week the median list price for Menlo Park, CA is $3,385,000 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 58. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Menlo Park market.
Median List Price $3,385,000
Per Square Foot $1,393
Days on Market 58
Price Decreased 38%
Price Increased 0%
Relisted 9%
Inventory 58
Median Rent $4,950
Most Expensive $10,890,000
Least Expensive $1,049,000
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$6,372,500 4,216 0.25 - 0.5 acre 5 4 15 0 1 48
$3,991,500 2,811 6,500 - 8,000 sqft 4 4 8 3 1 64
$2,788,000 2,437 4,500 - 6,500 sqft 3 3 61 1 2 60
$1,450,000 1,300 4,500 - 6,500 sqft 3 2 70 2 6 59