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Menlo Park Ca Real Estate Market Update 6/10/2013
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 43 single family Menlo Park homes for sale up from 41 last week.
There are currently 14 Menlo Park town homes/condos for sale the same up from 10 last week.
There are currently 40 pending sales of Menlo Park single family homes down from 41 last week.
There are currently 9 pending sales of Menlo Park homes/Condos the same as last week.
In May of 2013 there were 47 single family Menlo Park homes sold.  The prices ranged from $450,000 to $4,395,000. The lowest priced home in Belle Haven is down $45,000 from April is significant and may show that the market is starting to level off. If you look at just the Menlo Park homes with Menlo Park schools the lowest price in April was $936,000 also down a little form April when no homes with Menlo Park schools sold under a million. This also may indicate that the market is starting to level off.
In May of 2013 there were 7 Menlo Park Town Homes/Condos sold.   The prices ranged from ... more

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