Menlo Park, CA Market Update for June 2007

Here are the latest real estate market statistics for Menlo Park, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 26.2%*

Average	May 2007	June 2007	% Change
Asking Price	$1,169,226	$1,366,114	16.8%
Sales Price	$1,231,866	$1,382,547	12.2%
% of Asking Price	105%	101%	-3.8%
$/SQFT	$692	$749	8.2%
Days on Market	28	40	42.9%
Total Transactions	65	64	-1.5%

Search for homes in Menlo Park, CA and read a neighborhood overview of the Menlo Park, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 84 properties on the market with 22 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.