Menlo Park Market Update, March 2020

Brett Caviness

04/2/20

Market Update

Changes from Last Month

21 homes were sold in Menlo Park in March 2020, which is 91% up from 11 sales the month before.

Median Sale Price showed a 10% increase froom $2,440,000 in February 2020 to $2,675,000 in March 2020.

March 2020 Days on Market (DOM) dropped to 10 from 12 in February 2020.

​​​​​​​On average, sellers in Menlo Park received 104% of their asking price in March 2020 compared to 100% in February 2020. 

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