Lori Buecheler

Menlo Park, CA

Single-Family Homes

lorirealestate.com | 650.387.2716 | lori.buecheler@compass.com | DRE# 01859485 | Compass



Menlo Park, CA

Tue Sep 28 2021
This week the median list price for Menlo Park, CA is $3,598,000 with the market action index hovering around 61. This is an increase over last month's market action index of 53. Inventory has increased to 39. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Menlo Park, CA

Tue Sep 28 2021
This week the median list price for Menlo Park, CA is $3,598,000 with the market action index hovering around 61. This is an increase over last month's market action index of 53. Inventory has increased to 39. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Menlo Park market.
Median List Price $3,598,000
Median Price of New Listings $3,969,444
Per Square Foot $1,559
Average Days on Market 62
Median Days on Market 21
Price Decreased 18%
Price Increased 3%
Relisted 5%
Inventory 39
Median Rent $5,850
Market Action 61
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
$6,895,000 4,006 0.25 - 0.5 acre 5 5 19 1 5 70
$4,093,444 2,521 0.25 - 0.5 acre 4 3 55 8 2 0
$3,312,000 2,271 4,500 - 6,500 sqft 4 3 27 2 4 28
$1,744,000 1,200 4,500 - 6,500 sqft 3 2 71 1 2 24