Michele's Real Estate Market Report

Menlo Park, CA

Single-Family Homes

Michele Harkov | 650-773-1332 | www.micheleharkov.com


Menlo Park, CA

Thu Aug 14 2025
This week the median list price for Menlo Park, CA is $3,488,000 with the market action index hovering around 52. This is an increase over last month's market action index of 48. Inventory has decreased to 38. 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 Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Menlo Park, CA

Thu Aug 14 2025
This week the median list price for Menlo Park, CA is $3,488,000 with the market action index hovering around 52. This is an increase over last month's market action index of 48. Inventory has decreased to 38. 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 Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Menlo Park market.
Median List Price $3,488,000
Median Price of New Listings $2,648,500
Per Square Foot $1,709
Average Days on Market 117
Median Days on Market 39
Price Decreased 18%
Price Increased 8%
Relisted 8%
Inventory 38
Median Rent
Market Action 52
Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

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
$5,848,000 3,304 8,000 - 10,000 sqft 5 4.5 2 0 3 133
$3,988,888 2,330 8,000 - 10,000 sqft 4 2.5 72 1 0 21
$3,047,500 1,816 4,500 - 6,500 sqft 3 2.3 77 1 5 45
$1,988,000 1,622 4,500 - 6,500 sqft 3 2.5 73 2 3 21