Intero's Market Report

Menlo Park, CA

Single-Family Homes



Menlo Park, CA

Thu Dec 08 2022
This week the median list price for Menlo Park, CA is $4,395,000 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has decreased to 31. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Menlo Park, CA

Thu Dec 08 2022
This week the median list price for Menlo Park, CA is $4,395,000 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has decreased to 31. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Menlo Park market.
Median List Price $4,395,000
Median Price of New Listings $4,472,500
Per Square Foot $1,606
Average Days on Market 93
Median Days on Market 70
Price Decreased 45%
Price Increased 0%
Relisted 13%
Inventory 31
Median Rent
Market Action 48
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$8,500,000 4,872 0.25 - 0.5 acre 6 5.5 6 0 0 77
$4,822,500 2,959 0.25 - 0.5 acre 4 4 4 1 1 52
$2,612,000 2,001 4,500 - 6,500 sqft 4 2.3 69 1 2 42
$1,372,500 1,215 4,500 - 6,500 sqft 3 1 71 0 1 136