Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
As promised earlier this week, here is an update on the third quarter numbers.
The Menlo Park real estate market for single family homes was brisk over the summer months with as many closed sales (99) as in the second quarter, typically the most active season of the year.
The sales price to list price ratio remains strong at 106.73% on average for the third quarter. The Average Days on Market increased to 33 days in August the “slowest” month of the year, but declined to 17 in September. October is off to a rapid start!
Above Statistics based on Multiple Listing Information
As always, if you’d like neighborhood-specific information, we invite you to access through our website at www.CarolandNicole.com/local-stats. If you’d like more information in this market where multiple offers continue to be the norm and buyers are not timid in writing offers with excellent prices and terms, please reach out to us.