Menlo Park, CA Real Estate News

By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
There are eight Menlo Park homes for sale a week or less today in this community known for tree-lined streets, great restaurants and close proximity to everything happening in Silicon Valley.  The list of Menlo Park homes for sale is beginning to lengthen as spring is getting closer, though there are only 28 for sale at this time (not including homes already in escrow). Below are listings of Menlo Park homes for sale placed on the market in the past week.  Click on a property’s Address to view photos and detailed information.  Use the appropriate tabs to request more information or to schedule a visit.   Menlo Park Homes For Sale A Week Or Less   140 ROYAL OAKS CT, MENLO PARK, CA 94025 $3,888,000 Bedrooms: 5Bathrooms: 4 full | 1 partialSq. Ft.: 5,824         Open House on Sunday, Feb 9,...
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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 25 single family Menlo Park homes for sale up from 22 last week.   There are currently 3 Menlo Park town homes/condos down from 5 last week.   There are currently 19 pending sales of Menlo Park single family homes up from 14 last week.   There are currently 6 pending sales of Menlo Park homes/Condos up from 4 last week.   This week there were 6 new Menlo Park single family home listings and 2 new Menlo Park condo listings. Not nearly enough to satisfy demand. Hopefully this week will be better.   In January of 2014 there were 12 single family Menlo Park homes sold ranging in price from $255,000 to $3,000,000. ...
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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 can tell you the market is hot and listings are few and far between. The California drought does not just refer to out lack of rain. If you are the executor of a Menlo Park estate with real estate to sell you may be thinking this will be an easy job. In some ways it is, because there is little competition and many buyers. This makes for huge jumps in appreciation which is great for the estate. Buyers will make offers way above current market with no contingencies. This can be a blessing or a curse for a Menlo Park Trust sale.  When the market turns south, which it will inevitably do, or if the buyer believes he/she made a mistake, the buyer who made such a great offer may turn around and try to get the estate to compensate him/her for the perceived w...
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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 22 single family Menlo Park homes for sale. this is a very low number but almost twice as many as in Palo Alto.   There are currently 5 Menlo Park town homes/condos for sale which is really low, but more than in Palo Alto.   There are currently 14 pending sales of Menlo Park single family homes.   There are currently 4 pending sales of Menlo Park homes/Condos down from 8 last week.   This week there were 6 new Menlo Park single family home listings and 1 new Menlo Park condo listings. Not nearly enough to satisfy demand.   In January of 2014 there were 12 single family Menlo Park homes sold ranging in price fro...
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By Marge Draper, REALTOR, Keller Williams Realty, Menlo Park CA
(Keller Williams Realty Palo Alto)
Looking Back:  Menlo Park CA Market 2013 There were 337 homes sold in the greater Menlo Park area during 2013.  Almost without exception they sold at or above list price.   Looking at the statistics of the homes sold, those being served by the Menlo Park City School District and the Las Lomitas School District showed sales at or above the asking price.  Of the 337 homes sold in Menlo Park, 252 of them were in the Menlo Park CSD and the Las Lomitas SD.   House hunting was the most difficult for the first-time buyers and those looking for homes that would sell at or below $1,000,000.  These buyers found that even if a home was priced below  $1,000,000, it was often bid above that mark by the many buyers wanting the same property. Since 2010 when there were 550 homes in the inventory, we h...
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By Menlo Park Real Estate and Homes for Sale, WendeByTheBay.com - 650.504.0219 - SF Peninsula
(Wende Schoof)
During December this past year, approximately 300 Menlo Park and Redwood City Residents joined me in contributing over 800 cans and packages of food to Second Harvest Food Bank.   Candy Canes for Cans began in 2011 when I learned that 1 in every 10 people of San Mateo County rely on food banks. Even though the economy has improved here over the past couple of years, this statistic has remained the same, and there are still many people in dire need of some help. Second Harvest Food Bank of Santa Clara and San Mateo Counties was founded in 1974. On average, each month the charity supplies almost one quarter of a million people with food. Although we only collected cans, Second Harvest provides almost as much fresh produce as it does canned goods. The charity also promotes federal nutritio...
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By Menlo Park Real Estate and Homes for Sale, WendeByTheBay.com - 650.504.0219 - SF Peninsula
(Wende Schoof)
It's a new year, which means a new real estate market! With few homes for sale in Menlo Park, a mere 13 (2 condominiums/town houses & 11 detached homes ranging in price from $4,500,000 to $475,000), there are many ready, willing and able buyers.   Even if the market were overflowing with choices, this home is undoubtedly eye-catching. 1281 Orange Avenue is a new construction 2,800 square foot, 2-story modern style home, set on a 6,250 square foot lot in the Alameda Area of Menlo Park. This home offers 4 bedrooms and 3.5 bathrooms, a master suite downstairs, a fabulous great room overlooking the backyard and a state of the art kitchen. It is priced at $2,749,000. (listed by Gail Rossetti at Rossetti Realty) For more information on this property or others in Menlo Park and neighboring San...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
There are 15 total homes on the market but only three Menlo Park homes for sale holding an open house this coming weekend in this popular Silicon Valley community.  This first weekend of the New Year is still in the holiday period, which ends after the college football championship at the VIZIO Bowl on Monday night (Florida State vs. Auburn).  After that, expect market activity to begin picking up as we look forward to an active market in 2014. Click on the address included in the listings below to view details of each of the Menlo Park homes for sale.  If you would like assistance during your open house visit or more information about any of these homes, contact me directly or use the “Request More Info” tab on the individual property listing page.   Menlo Park Homes For Sale Holding A...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Menlo Park California and 100% financing on VA Loans - the best loan program and loan payment in the country! Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the highlights of this incredible program: - Zero Down Payment, 100% financing. - No monthly mortgage insurance added to your payment. - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans.   So how do you qualify for a VA Mortgage Loan in Menlo Park California? The first step is to verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Menlo Park California VA loan lender ca...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Menlo Park Realtor I specialize in selling ugly duckling homes that are begging to turned into swans, like this upcoming listing at 209 Market Place in the Belle Haven neighborhood of Menlo Park. I have a team of experienced contractors who help me get the most increase a home's value for the least amount of money. I thought you might be interested in hearing about what we do. In the case of this home in Belle Haven we had a house with a roof that was way beyond need of replacement, ugly laminate kitchen counters, old carpet over hardwood floors, a poorly painted interior, very old fashion red brick fire place, no landscaping, ugly kitchen cabinets, ugly bath vanity and fixtures, and ugly closet doors. My contractor started work about a month ago. We tore out the old fashioned Home...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
The market is hot in Menlo Park, inventory is down to almost nothing, homes get multiple offers, and Menlo Park home sellers are in the driver's seat. So Does this mean it is ok to just put a home on the market in any condition and you will get offers 20-30% over list price? Unfortunately not always.  While it is true that there is a lot of cash out in the world, assuming that you will have multiple excellent cash offers to chose from when selling your Menlo Park home is not always the case. I recently listed a home that had 12 offers, and not one was all cash. Very often cash offers are not the best offers. Many investors as well as end users feel if they are going to pay cash they want something back, that is a lower price. A financed offer may be the best or sometimes only offer you ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As many of my blog followers know I sell a lot of Menlo Park homes in trust and probate. The owners were often very old, as are the homes, and frequently in need of repair. While it is often a good idea to keep repairs at a minimum in order to decrease the liability to the estate, sometimes it is necessary in order to allow buyers to be able buy and move into a home safely, or in order to increase the value exponentially. I am currently sellling a Menlo Park home that needed some major bathroom repairs since it was unclear an adult could stand on the bathroom floor without falling through to the crawl space. No amount of staging was going to fix that problem. The second bathroom in this Menlo Park home was not much better. The seller of this Menlo Park home decided to redo both bathroo...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
I know what you are thinking, I am going to wait till after the first of the year or the spring to sell my Menlo Park home. It would be stupid to list a home during the holidays, no one does that. Or no one is looking for a home during the holidays.  I need to respectfully disagree with those sentiments. I believe December is a great month to sell a home in Menlo Park, especially right after Christmas. Here are the reasons I think selling  a Menlo Park home on Dec 26th this year is a great idea. 1. The inventory has never been lower. As of today there are only 30 homes for sale in Menlo Park. A buyer's market doesn't even happen until there are over 100 homes for sale. List this month and you will have almost no compettion. 2. There are many people who are planning on moving to Menlo Pa...
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By Marge Draper, REALTOR, Keller Williams Realty, Menlo Park CA
(Keller Williams Realty Palo Alto)
"Home is the place where, when you have to go there, They have to take you in" ... Robert Frost.  I read this poem, The Death of the Hired Man as a college freshman.  I had issues about home as I think many young people do when they are trying to snip the apron strings and figure out what independence means. We had had a hired man at one time when my extended family of grandmother, mom, dad, uncle, aunt, sister and two boy cousins and I lived on a farm.  He was there and then he wasn't.  Then he came back and the same thing happened.  We found him dead a few days after he returned.  So the poem resonated for me.  And so did the concept of home. Now I have a home of my own with my husband and our grown son who stops by now and then on his travels around the world.  His room is still his ...
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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 30 single family Menlo Park homes for sale down from 37 last week. There are currently 12 Menlo Park town homes/condos for sale up from 9 last week. There are currently 25 pending sales of Menlo Park single family homes down from 28 last week. There are currently 5 pending sales of Menlo Park homes/Condos down from 8 last week. In September of 2013 there were 16 single family Menlo Park homes sold, a big decrease from Aug closings, but listing in August are always down so that translates in a decrease in closing in August.  The prices ranged from $537,000 to $4,500,000 a little higher than in August.  If you look a...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  Anyone trying to buy a home in Menlo Park right now knows that it is tough out there. There are many more buyers than sellers and many Menlo Park homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Menlo Park multiple offer situation and not overpay? The answer is not simple, and sometimes it is  not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc. But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Menlo Park home in a multiple offer situation, 1. In my opinion the most important thing is, how much is this home worth to you? In other w...
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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 37 single family Menlo Park homes for sale up from 34 last week. There are currently 9 Menlo Park town homes/condos for sale down from 8 last week. There are currently 28 pending sales of Menlo Park single family homes up from 27 last week. There are currently 8 pending sales of Menlo Park homes/Condos the same as last week. In September of 2013 there were 16 single family Menlo Park homes sold, a big decrease from Aug closings, but listing in August are always down so that translates in a decrease in closing in August.  The prices ranged from $537,000 to $4,500,000 a little higher than in August.  If you look at j...
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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 34 single family Menlo Park homes for sale down from 36 last week. There are currently 8 Menlo Park town homes/condos for sale down from 10 last week. There are currently 27 pending sales of Menlo Park single family homes up from 17 last week. There are currently 8 pending sales of Menlo Park homes/Condos up from 4 last week. In August of 2013 there were 28 single family Menlo Park homes sold, a big decrease from July.  The prices ranged from $520,000 to $4,000,000. The lowest priced home in Belle Haven is up $100,000 from July and in central Menlo the price is about the same for the highest price sold. I think the...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
2371 Sharon Rd Menlo Park, Ca 94025 Sharon Heights Condo For Rent Home   Virtual Tour   Photo Gallery   Property Map   Financing   Request Showing   Contact Me   Marcy Moyer 01191194 Office: 650-619-9285: Mobile: 650-619-9285: Website: Visit Website Price : $3,500.00 Bedrooms : 2 Bathrooms : 2.00 Square Foot : 1,200 Community : Sharon Heights County : San Mateo Property Type : Rental Year Built : 1968 click for more information and pictures Property Description Welcome to Sharon Heights! This Sharon Glen beauty offers a large 2 bedroom 2 bath condo with all wood floors in the living areas, central heat and air, new appliances, one car garage and one car reserved parking space, dining room. living room, balcony, and enormous storage room! The location is perfect, close to Stanford, the ...
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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 36 single family Menlo Park homes for sale up from 23 last month. There are currently 10 Menlo Park town homes/condos for sale down from 9 last week. There are currently 17 pending sales of Menlo Park single family homes down from 28 last month. There are currently 4 pending sales of Menlo Park homes/Condos down from 6 last month. In August of 2013 there were 28 single family Menlo Park homes sold, a big decrease from July.  The prices ranged from $520,000 to $4,000,000. The lowest priced home in Belle Haven is up $100,000 from July and in central Menlo the price is about the same for the highest price sold. I thin...
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