Is this a good time to sell your Menlo Park Condo or Town Home? The answer is YES YES YES YES YES!!!!!! I can not stress this enough. If you have a condo or town home in Menlo Park you are thinking of selling, don't hesitate! The market is screaming for you to get it done, now.
There are currently 4 town homes/condos on the market in Menlo Park. I did not forget a zero. 4. In a seller's market there would generally be 15 units for sale. In a buyer's market you need to have over 25 units for sale. 4 is so low there are no words to describe the market.
Apple, Facebook, and Google are growing like the plant in Little Shop of Horrors, and like the plant, would love to take over the world. The number of people moving into the area with good jobs and the need of a place to live is astronomical. They are often young, busy, and not necessarily looking for a lot of garden space to look after. So it is just a numbers game. Hundreds of
Young professionals are looking for homes and only 3 people selling town homes/condos in Menlo Park. It does not take a rocket scientist to figure this one out.
If you are planning on selling your Menlo Park condo or town home this year, do it now, while there is so little inventory and so much interest. You won't be sorry! If you have any questions about selling a town home or condo in Menlo Park please feel free to contact me.