See photos and updates from listings directly in your feed
Share your favorite listings with friends and family
Save your search and get new listings directly in your mailbox before everybody else
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 June 2024 VS July 2024:
The Number of SOLD listings decreased by 6% to 31 properties, with a top sale of $9,980,000 million at 680 Cotton Street.
The Average Sales Price decreased by 8% to $3,497,294 million, moving the Average Price Per Square Foot up to $1,542 per square foot.
As measured in monthly supply, the inventory of properties available for sale decreased by 7% to 1.40 monthly worth of properties for sale
The average 30-year fixed mortgage rate decreased to 6.86%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
