Menlo Park May 2014 Home Sales Report

By
Real Estate Broker/Owner with Cordon Real Estate 01370983

The Menlo Park May 2014 home sales report reflects the strong market throughout Silicon Valley and the fast pace of sales in Menlo Park.  31 of 36 home sales that closed escrow in May were sold within 30 days, with a median selling period of just 11 days.  Prices were strong for condos and single family homes.

New homes are coming on the market at a steady rate for the summer – and selling just ask quickly.  Forty two of the 50 homes on the market were listed within the past month.  Thirty five of the 44 homes now in escrow sold in less than 30 days.

June 1st Menlo Park Market Snapshot:

  • Homes active on the market: 50, up from 31 last month (click to view active listings > Menlo Park homes for sale)
  • Distressed properties for sale:  Short Sale – 0  Foreclosure – 1
  • Price range of active listings:  $559,000 to $5,850,000
  • Number of homes now in escrow:  44, up from 34 last month

 

Menlo Park May 2014 Home Sales Report – Closed Escrows

Menlo Park May 2014 Home Sales Report

 

Contact Us for more information regarding this Menlo Park May 2014 home sales report or for help buying or selling Silicon Valley real estate.

To search for property listings of all types in Menlo Park and Silicon Valley, including homes, land, income property and more – click > Silicon Valley Property Search.

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John A. Souerbry & Associates  Call John: (650) 815-6182 (CalBRE 01370983)

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california real estate
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silicon valley luxury homes
menlo park home sale reports

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