|Avg List Price||$319,250||$235,990|
|Avg SOLD Price||$225,950|
|Avg Seller Discount||3.7%|
Neighborhood Report for Menlo Park
"Inventory" represents how many months it would take, given recent sales trends,
for all homes in the neighborhood to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."
Over the past year, an average of 0.8 homes per month have sold in Menlo Park, and 4 homes are on the market now, so Menlo Park has 4.8 months of inventory.