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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 April 2026 VS May 2026:
The Number of SOLD listings decreased by 21% to 34 properties, with a top sale of $13,500,000 million at 1650 Oak Avenue.
The Average Sales Price increased by 17% to $4,261,029, while the Average Price per Square Foot remained unchanged at $1,626.
As measured in monthly supply, the inventory of properties available for sale held steady at 1.30 months’ worth of inventory.
The average 30-year fixed mortgage rate increased to 6.60%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
