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 October 2024 VS November 2024:
The Number of SOLD listings decreased by 7% to 25 properties, with a top sale of $7,650,000.00 million at 785 Cotton Street.
The Average Sales Price decreased by 10% to $3,498,560 million, moving the Average Price Per Square Foot down to $1,469 per square foot.
As measured in monthly supply, the inventory of properties available for sale decreased by 25% to 1.20 monthly worth of properties for sale
The average 30-year fixed mortgage rate increased to 6.94%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
