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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 August 2026 VS July 2026:
The Number of SOLD listings increased by 35% to 31 properties, with a top sale of $9,500,000 at 854 Cambridge Avenue.
The Average Sales Price increased by 12% to $3,917,353, while the Average Price per Square Foot increased by 5% to $1,616.
As measured in monthly supply, the inventory of properties available for sale decreased by 31% to 1.10 months’ worth of inventory.
The average 30-year fixed mortgage rate increased to 6.73%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
