Direct Access To All Multiple Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

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This Is What Everyone Wants To Know! Menlo Park Market Quarterly Update for Quarter 1 2023 VS Quarter 1 2024.

This Is What Everyone Wants To Know! Menlo Park Market Quarterly Update for Quarter 1 2023 VS Quarter 1 2024.

Welcome to The Rossetti Realty Market Update.

If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends.

According to MLS Listings, the marketplace for Menlo Park residential properties, here’s what happened in Quarter 1 2023 VS Quarter 1 2024:

The Number of SOLD listings increased by 29% to 71 properties, with a top sale of $8,501,000 million at 2315 Crest Lane.

The Average Sales Price decreased by 14% to $3,022,102 million, moving the Average Price Per Square Foot up to $1,418 per square foot.

As measured in quarterly supply, the inventory of properties available for sale decreased by 15% to 1.10 quarterly worth of properties for sale

The average 30-year fixed mortgage rate increased to 7.01%, according to Bank Rate.com.

If you’re considering buying or selling residential real estate, please get in touch with Gail.

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