Altos Market Data for Realtors

Menlo Park, CA

Single-Family Homes

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Menlo Park, CA

Wed Mar 03 2021
This week the median list price for Menlo Park, CA is $3,700,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has held steady at or around 41. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Menlo Park, CA

Wed Mar 03 2021
This week the median list price for Menlo Park, CA is $3,700,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has held steady at or around 41. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Menlo Park market.
Median List Price $3,700,000
Per Square Foot $1,423
Days on Market 70
Price Decreased 22%
Price Increased 5%
Relisted 32%
Inventory 41
Median Rent $4,800
Most Expensive $11,750,000
Least Expensive $925,000
Market Action 55
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$6,741,500 4,109 0.25 - 0.5 acre 5 5 7 2 0 105
$3,995,000 2,784 8,000 - 10,000 sqft 4 4 2 4 1 119
$2,962,500 2,574 6,500 - 8,000 sqft 4 3 36 3 2 38
$1,925,000 1,290 4,500 - 6,500 sqft 3 2 70 3 1 7