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Menlo Park Distressed Sales 2011 Jan-June

  It's time again. Curious about how many distressed properties there really are in Menlo Park?  Despite what you may be reading these are the homes for sale or sold on MLS as Short Sales or Bank Owned.
Sold: 
Short Sales: Single Family Homes  8
Short Sales: Townhome or condo:  1
Bank Owned: Single Family Homes  6
Bank Owned Townhomes or Condos  0
 
Active:
Short Sales:  Single Family Homes  3
Short Sales Townhomes or condos   1
Bank Owned Single Family Homes   3
Bank Owned Townhome or Condo    0
 
Pending Sales:
Short Sales: Single family homes  20
Short Sales: Townhomes or condos 0
Bank Owned  Single Family Home  2
Bank Owned Townhome or Condo   0
As you can see the number of distressed properties for sale is continues to be extremely low. This small number of short sales and reos are not enough to have a major impact on the market as they do in many other markets. Most of the distressed properties are in the Belle Haven Neighborhood, but there are a number of pending short sales west of 101.
If you have any questions about short sales or bank owned properties please feel ... more

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