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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 Year 2025 versus 2024:
The Number of SOLD listings decreased by 2% to 343 properties, with a top sale of $10,500,000 million at 1310 Bay Laurel Drive.
The Average Sales Price increased by 3% to $3,492,660 million, while the Average Price Per Square Foot rose to $1,560.
As measured in months’ supply, the inventory of properties available for sale increased by 71% to 1.20 months’ worth of properties for sale.
The average 30-year fixed mortgage rate decreased to 6.25% according to Bank Rate.com.
If you’re considering buying or selling residential real estate, don’t hesitate to contact Gail.
