Intero's Market Report

Menlo Park, CA 94025

Single-Family Homes


Menlo Park, CA 94025

Thu Sep 21 2023
This week the median list price for Menlo Park, CA 94025 is $3,450,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 55. 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.

Slight Seller's Advantage

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 94025

Thu Sep 21 2023
This week the median list price for Menlo Park, CA 94025 is $3,450,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 55. 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.

Slight Seller's Advantage

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 $3,450,000
Median Price of New Listings $2,895,000
Per Square Foot $1,475
Average Days on Market 74
Median Days on Market 28
Price Decreased 24%
Price Increased 2%
Relisted 16%
Inventory 55
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$5,698,000 3,880 0.25 - 0.5 acre 5 5 23 1 3 35
$3,993,000 2,690 0.25 - 0.5 acre 4 3.3 39 2 3 45
$2,993,500 2,139 4,500 - 6,500 sqft 3 3 34 5 0 21
$1,937,444 1,323 4,500 - 6,500 sqft 3 2 70 5 1 7