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Menlo Park Market Trends

Today, November 23, 2009

Median Sales Price in Menlo Park

Embed Info
1 yr 5 yr Max
Menlo Park median sales prices
Number of sold homes in Menlo Park
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$456,912-6.3%$460,000$487,463$611,250
3 bedrooms$579,917-17.6%$612,500$703,750$886,500
4 bedrooms$639,382-53.8%$1,280,000$1,385,250$1,530,000
All properties$579,917+0.1%$690,000$579,320$849,500
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Menlo Park Summary

The median sales price for homes in Menlo Park CA for Aug 09 to Oct 09 was $579,917. This represents a decline of 16%, or $110,083, compared to the prior quarter and an increase of 0.1% compared to the prior year. Sales prices have depreciated 31.7% over the last 5 years in Menlo Park.

The average listing price for Menlo Park homes for sale on Trulia was $1,511,044 for the week ending Nov 18, which represents a decline of 0.5%, or $7,925, compared to the prior week and a decline of 3.3%, or $51,682, compared to the week ending Oct 28. Average price per square foot for Menlo Park CA was $447, a decrease of 18.6% compared to the same period last year. Popular neighborhoods in Menlo Park include Sharon Height, Belle Haven, The Willows, Allied Arts, Linfield Oaks, and Downtown Menlo Park.

 

Average Listing Price in Menlo Park

Embed Info
1 yr 5 yr Max
Menlo Park average property price
Menlo Park – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$390,854-1.6%$397,354$405,202$397,700
2 bedrooms$677,761-2.8%$697,147$724,504$735,301
3 bedrooms$1,204,754+2.7%$1,173,635$1,187,663$1,230,235
4 bedrooms$1,918,482-0.9%$1,936,571$1,957,539$1,956,720
All properties$1,511,044-0.5%$1,518,969$1,565,200$1,562,726
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Average Price Per Sqft for Homes in Menlo Park

Embed Info
1 yr 5 yr Max
Menlo Park average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$473-13.8%$481$549$551
3 bedrooms$460-8.5%$430$503$584
4 bedrooms$412-28.7%$561$578$594
All properties$447-18.6%$476$549$557
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Popular Neighborhoods in Menlo Park

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Sharon Height 1 — 1 1
Belle Haven 2 — 2 2
The Willows 3 — 3 5
Allied Arts 4 — 4 7
Linfield Oaks 5 — 5 4
Downtown Menlo Park 6 — 6 3
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Homes for Sale in Menlo Park

1735 Santa Cruz Avenue, Menlo Park CA
1735 Santa…
$1,495,500
4 br  3 ba
1064 Laurel Street, Menlo Park CA
1064 Laurel…
$1,148,000
3 br  2 ½ ba
38 Lorelei Lane, Menlo Park CA
38 Lorelei…
$819,000
3 br  2 ba
830 Cambridge Avenue, Menlo Park CA
830 Cambri…
$2,695,000
4 br  4 ba
675 Sharon Park Drive #312, Menlo Park CA
675 Sharon…
$575,000
2 br  2 ba
21 Willow Road #42, Menlo Park CA
21 Willow…
$599,000
2 br  2 ba
View all Menlo Park Homes for Sale
 
Stats & Trends
Menlo Park

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Sharon Height

Belle Haven

View more neighborhoods or ZIPs
  • Allied Arts
  • Belle Haven
  • Downtown Menlo Park
  • Felton Gables
  • Linfield Oaks
  • Sharon Height
  • South of Seminary/Vintage Oaks
  • Stanford Hills
  • Stanford University
  • Suburban Park / Lorelei Manr / Flood Park Triangle
  • The Willows
close [x]
  • 94025
  • 94026
  • 94027
  • 94028
close [x]

Nearby Cities

Cities
Median
sales price
Average
listing price
Atherton
$529,000
$4,844,347
Palo Alto
$1,090,000
$2,058,690
Redwood City
$580,000
$912,511
Woodside
$894,000
$3,057,438
East Palo Alto
$235,500
$328,521
Portola Valley
$1,550,000
$3,009,292
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Advice

Recent Q&A in Menlo Park, CA

Q: Need a real estate agent by tomorrow! 9 answers
Q: what is your opinion on Flood park area near 101 in menlo park? i am looking for a good real estate agent who is not manipulative to guide me with 6 answers
Q: will the high speed train problem interferir with my property price? i do leave in menlo park facing it. 6 answers
Q: Auction place and time for Menlo Park properties 4 answers
Q: what are the pros and cons of living in "unincorporated" menlo park? 3 answers

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More Advice:
  • Recent Q&A in Menlo Park, CA
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  • Find a real estate professional Menlo Park, CA

Nearby Cities Real Estate

  • Atherton Real Estate
  • Palo Alto Real Estate
  • Redwood City Real Estate
  • Woodside Real Estate
  • East Palo Alto Real Estate
  • Portola Valley Real Estate

Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Atherton Home Prices
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  • Redwood City Home Prices
  • Woodside Home Prices
  • East Palo Alto Home Prices
  • Portola Valley Home Prices

Menlo Park Stats & Trends

  • Menlo Park Real Estate Overview
  • Menlo Park Schools
  • Menlo Park Community Info
  • Menlo Park Home Prices
  • Menlo Park Real Estate
  • Menlo Park Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Menlo Park real estate market. Find Menlo Park properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Menlo Park average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Menlo Park housing statistics are available for each Menlo Park, CA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.