Lori Buecheler

Menlo Park, CA

Single-Family Homes

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



Menlo Park, CA

Wed Oct 20 2021
This week the median list price for Menlo Park, CA is $3,497,444 with the market action index hovering around 67. This is an increase over last month's market action index of 61. Inventory has decreased to 34. 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

Wed Oct 20 2021
This week the median list price for Menlo Park, CA is $3,497,444 with the market action index hovering around 67. This is an increase over last month's market action index of 61. Inventory has decreased to 34. 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 $3,497,444
Median Price of New Listings $3,748,000
Per Square Foot $1,456
Average Days on Market 80
Median Days on Market 35
Price Decreased 24%
Price Increased 6%
Relisted 15%
Inventory 34
Median Rent $5,400
Market Action 67
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
$5,974,000 4,090 0.25 - 0.5 acre 5 5 6 2 2 115
$4,048,000 2,382 8,000 - 10,000 sqft 4 3 38 3 1 17
$3,075,000 2,180 4,500 - 6,500 sqft 4 3 8 1 2 49
$1,688,000 1,210 4,500 - 6,500 sqft 3 2 72 2 4 14