We had 10 new listings of single family homes in Menlo Park last as oppose to 5 the week before. 8 listings changed status to pending last week the same as the week before and 9 listings closed escrow last week as oppose to 13 the week before.
All the listings sold at or above the asking price but 2 listing signaling a continuing a strong seller's market
The inventory is very low.
If you are thinking about selling your home in the coming year you should start interviewing agents and preparing your home for sale. I offer a free market analysis for your home, free staging if I list your home.me to discuss a plan to sell your home.
Following is the detailed market activity for Menlo Park:
Active : 10
Pending : 8
Sold : 9