Monthly market wrap MONTHLY MARKET WRAP Menlo Park Single-family homes · May 2026 The Menlo Park market tilted hotter in May: most key signals moved the seller's way. Median sale price $4.1M ▲ +10.8% vs Apr Time to pending 15d ▲ 4 days slower vs Apr Sold over asking 64% ▲ +11 pts vs Apr Active listings 17 ▼ -26.1% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Menlo Park Single-family homes · May 2026 Most Menlo Park SFHs are still selling over asking (64%). Price to invite competition. 104.6% average sale price vs. asking price Sold over asking 64% vs. a year ago +0 pts 105.7% 103.5% 101.2% Sold at asking price 104.6% 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 Single-family homes · May 2026 The typical Menlo Park SFH closes +4.6% above its asking price. +$1.1M median sale price minus asking price Median asking price $3M Median sale price $4.1M $3.7M $2.82M $1.94M 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 Single-family homes · May 2026 Menlo Park SFH values are climbing, up +12.8% in a year. $4.1M median sale price Year over year +12.8% Homes sold last month 22 $3.6M $3.01M $2.41M $4.1M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Menlo Park Single-family homes · May 2026 The typical Menlo Park SFH goes pending in 15 days, 3 days slower than last year. 15 days median time to pending Gone within two weeks 67% vs. a year ago 3 days slower 45d 30d 15d 15d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Menlo Park Single-family homes · May 2026 Menlo Park inventory is down 37.0% year over year, keeping buyer choice tight. 17 active listings Year over year -37.0% Months of supply 0.8 27 19 11 17 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 Single-family homes · May 2026 1 in 2 Menlo Park listings cut its asking price last month, up 42 pts from a year ago. 53% of active listings cut their asking price vs. a year ago +42 pts Active listings 17 23% 17% 11% 53% 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 Single-family homes · May 2026 67% of Menlo Park SFHs went pending within two weeks. Priced-right listings do not wait. 67% of listings went pending within two weeks Median time to pending 15 days vs. a year ago +18 pts 70% 48% 26% Half of listings 67% 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 Single-family homes · May 2026 January is historically Menlo Park's calmest month for buyers: 5.4 pts less over-asking than March. January historically the calmest month for buyers Buyer's edge vs March -5.4 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.7 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 Single-family homes · May 2026 A Menlo Park SFH bought in 2016 has gained +91% in value since. +91% median sale price growth since 2016 Median price in 2016 $2.15M Average gain per year +6.7% $3.24M $2.72M $2.2M $4.1M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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