Monthly market wrap MONTHLY MARKET WRAP Menlo Park All home types · May 2026 Menlo Park held steady in May: the key market signals were mixed. Median sale price $3.76M ▲ +25.5% vs Apr Time to pending 16d ▲ 3 days slower vs Apr Sold over asking 48% ▼ -3 pts vs Apr Active listings 28 ▼ -12.5% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Menlo Park All home types · May 2026 48% of Menlo Park homes sold over asking, so pricing right matters more than ever. 102.6% average sale price vs. asking price Sold over asking 48% vs. a year ago +6 pts 104.6% 102.8% 101.0% Sold at asking price 102.6% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Menlo Park All home types · May 2026 The typical Menlo Park home closes +2.6% above its asking price. +$764K median sale price minus asking price Median asking price $3M Median sale price $3.76M $3.36M $2.61M $1.87M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Menlo Park All home types · May 2026 Menlo Park home values are climbing, up +34.4% in a year. $3.76M median sale price Year over year +34.4% Homes sold last month 31 $3.02M $2.57M $2.12M $3.76M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Menlo Park All home types · May 2026 The typical Menlo Park home goes pending in 16 days, 3 days faster than last year. 16 days median time to pending Gone within two weeks 56% vs. a year ago 3 days faster 34d 22d 11d 16d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Menlo Park All home types · May 2026 Menlo Park inventory is down 36.4% year over year, keeping buyer choice tight. 28 active listings Year over year -36.4% Months of supply 0.9 49 36 23 28 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Menlo Park? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Menlo Park All home types · May 2026 1 in 2 Menlo Park listings cut its asking price last month, up 28 pts from a year ago. 46% of active listings cut their asking price vs. a year ago +28 pts Active listings 28 25% 18% 11% 46% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Menlo Park All home types · May 2026 Menlo Park moves at two speeds: 56% of homes were gone inside two weeks while the rest sat longer. 56% of listings went pending within two weeks Median time to pending 16 days vs. a year ago +15 pts 62% 42% 22% Half of listings 56% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Menlo Park All home types · May 2026 January is historically Menlo Park's calmest month for buyers: 4.6 pts less over-asking than March. January historically the calmest month for buyers Buyer's edge vs March -4.6 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.4 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Menlo Park All home types · May 2026 A Menlo Park home bought in 2016 has gained +117% in value since. +117% median sale price growth since 2016 Median price in 2016 $1.73M Average gain per year +8.1% $2.72M $2.32M $1.92M $3.76M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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