Arn Cenedella

Menlo Park real estate update

How is the market in Menlo Park? How does it compare to the market in San Carlos?

Here is the data – number of new listings per month compared to number of accepted offers/pending sales per month in Menlo Park, CA for both single family homes and condominiums/townhouses.

Single family homes:

There have been typically 45 to 60 single family homes listed in Menlo Park each month and monthly sales have typically been 25 to 45 per month. August had fewer accepted offers than every other month except for January.

Condominiums and townhouses:

The condominium townhouse market has been pretty stable throughout the year in MP.

10 to 15 new listings come on the market each month and there are 8 to 10 sales each month.

We again see an increase in September sales over August sales.

This entry was posted on Wednesday, October 8th, 2008 at 2:16 pm and is filed under Menlo Park Real Estate, Real Estate, Real Estate Data. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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