Monthly market wrap MONTHLY MARKET WRAP Menlo Park Townhouses · May 2026 Menlo Park held steady in May: the key market signals were mixed. Median sale price $2.21M ▲ +5.4% vs Apr Time to pending 14d ▼ 8 days faster vs Apr Sold over asking 25% ▼ -55 pts vs Apr Active listings 4 ▲ +33.3% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Menlo Park Townhouses · May 2026 Only 25% of Menlo Park townhouses sold over asking, so buyers have room to negotiate. 100.5% average sale price vs. asking price Sold over asking 25% vs. a year ago +25 pts 104.2% 100.9% 97.6% Sold at asking price 100.5% Apr 2024 May 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 Townhouses · May 2026 Menlo Park townhouses are selling right at asking price, on average. -$784K median sale price minus asking price Median asking price $3M Median sale price $2.21M $2.72M $2.22M $1.73M Sold Asking Apr 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Menlo Park Townhouses · May 2026 Menlo Park townhouse values dipped -16.4% from a year ago. $2.21M median sale price Year over year -16.4% Homes sold last month 4 $2.43M $2.11M $1.78M $2.21M Jun 2018 May 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Menlo Park Townhouses · May 2026 Menlo Park townhouses are flying off the market in 14 days, 11 days faster than last year. 14 days median time to pending Gone within two weeks 0% vs. a year ago 11 days faster 98d 65d 33d 14d May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Menlo Park Townhouses · May 2026 Menlo Park inventory is down 33.3% year over year, keeping buyer choice tight. 4 active listings Year over year -33.3% Months of supply 1.0 10 7 3 4 Apr 2024 May 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 Townhouses · May 2026 1 in 2 Menlo Park listings cut its asking price last month, up 25 pts from a year ago. 75% of active listings cut their asking price vs. a year ago +25 pts Active listings 4 49% 37% 24% 75% Apr 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Menlo Park Townhouses · May 2026 Only 0% of Menlo Park townhouses went pending within two weeks. Most listings are taking their time. 0% of listings went pending within two weeks Median time to pending 14 days vs. a year ago +0 pts 82% 50% 18% Half of listings 0% Apr 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Menlo Park Townhouses · May 2026 January is historically Menlo Park's calmest month for buyers: 6.4 pts less over-asking than February. January historically the calmest month for buyers Buyer's edge vs February -6.4 pts Years of Redfin data 7+ Yearly average J F M A M J J A S O N D -2.9 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 Townhouses · May 2026 Menlo Park townhouse values are up +38% over the past 10 years. +38% median sale price growth since 2016 Median price in 2016 $1.6M Average gain per year +3.3% $2.18M $1.84M $1.5M $2.21M Feb 2015 Aug 2020 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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