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Market Pulse

Menlo Park market insights

A local market update for Townhouse, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPMenlo ParkTownhouses · May 2026Menlo Park held steady in May: the keymarket signals were mixed.Median sale price$2.21M+5.4% vs AprTime to pending14d8 days faster vs AprSold over asking25%-55 pts vs AprActive listings4+33.3% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGMenlo ParkTownhouses · May 2026Only 25% of Menlo Park townhouses soldover asking, so buyers have room tonegotiate.100.5%average sale price vs. asking priceSold over asking25%vs. a year ago+25 pts104.2%100.9%97.6%Sold at asking price100.5%Apr 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPMenlo ParkTownhouses · May 2026Menlo Park townhouses are selling rightat asking price, on average.-$784Kmedian sale price minus asking priceMedian asking price$3MMedian sale price$2.21M$2.72M$2.22M$1.73MSoldAskingApr 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEMenlo ParkTownhouses · May 2026Menlo Park townhouse values dipped-16.4% from a year ago.$2.21Mmedian sale priceYear over year-16.4%Homes sold last month4$2.43M$2.11M$1.78M$2.21MJun 2018May 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLMenlo ParkTownhouses · May 2026Menlo Park townhouses are flying off themarket in 14 days, 11 days faster thanlast year.14 daysmedian time to pendingGone within two weeks0%vs. a year ago11 days faster98d65d33d14dMay 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSMenlo ParkTownhouses · May 2026Menlo Park inventory is down 33.3% yearover year, keeping buyer choice tight.4active listingsYear over year-33.3%Months of supply1.010734Apr 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSMenlo ParkTownhouses · May 20261 in 2 Menlo Park listings cut itsasking price last month, up 25 pts froma year ago.75%of active listings cut their asking pricevs. a year ago+25 ptsActive listings449%37%24%75%Apr 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETMenlo ParkTownhouses · May 2026Only 0% of Menlo Park townhouses wentpending within two weeks. Most listingsare taking their time.0%of listings went pending within two weeksMedian time to pending14 daysvs. a year ago+0 pts82%50%18%Half of listings0%Apr 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYMenlo ParkTownhouses · May 2026January is historically Menlo Park'scalmest month for buyers: 6.4 pts lessover-asking than February.Januaryhistorically the calmest month for buyersBuyer's edge vs February-6.4 ptsYears of Redfin data7+Yearly averageJFMAMJJASOND-2.9 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEMenlo ParkTownhouses · May 2026Menlo Park townhouse values are up +38%over the past 10 years.+38%median sale price growth since 2016Median price in 2016$1.6MAverage gain per year+3.3%$2.18M$1.84M$1.5M$2.21MFeb 2015Aug 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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