The listing inventory continues to improve but still low In Menlo Park; the market continues to be a seller market. The market sale's activity was strong for the second week in a row and the market remains a seller market .
We have 42 active listings of single family homes as of today as oppose to 37 active SFR listings last week. 19 listings changed status to pending as oppose to20 the week before and 11 listings closed escrow as oppose to 2 listings the previous week.
More homes are listed on the MLS than before but we still see private sales happening.
Following is the detail of the market activity in Menlo Park for last week:
ACTIVE NEW LISTINGS:
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PENDING LISTINGS:
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SOLD LISTINGS:
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Sale Price
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