Menlo Park Real Estate Housing Sales Report for November/2007
The November 2007 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 22 sales receiving 98.52% of list price.
These closings represented a median price of $1,230,000 and an average price of $1,393,486.
Thirty-one new listings were also reported.
Menlo Park Condos/Townhouses had 9 closed sales receiving 101.07% of list price.
These closings represented a median price of $795,000 and an average price of $979,500.
There were six new listings for the month of November.
Single-family homes in Menlo Park had an average of thirty days on market (DOM) and forty-five cumulative days on market (CDOM). Condos/Townhouses had an average of twenty-six DOM and CDOM.
It is beneficial for KAPOWICH REAL ESTATE to be a member of SILVAR and SCCAOR which partly supports MLSListings, a Multiple Listing Service (MLS). MLSListings also maintains statistics on real estate transactions for Santa Clara County and San Mateo County. We love this stuff!
Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay" SiliconValleyBroker.com