Menlo Park Real Estate Market Update 4/6/2014
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Menlo Park Real Estate Agent I am always being asked, "How's the market in Menlo Park?" The answer is simple: Not enough inventory, plenty of buyers. There are currently 20 single family Menlo Park homes for sale down from 26 last week. There are currently 6 Menlo Park town homes/condos up from 4 last week. There are currently 26 pending sales of Menlo Park single family homes the same as last week. There are currently 2 pending sales of Menlo Park homes/Condos down from 8 last week. This week there were 4 new Menlo Park single family home listings and 1 new Menlo Park condo listings. Not nearly enough to satisfy demand but hopefully more are on the way. In March of 2014 there were 26 single family Menlo Park homes sold ranging in price from $442,000 to $4,873,050....