Menlo currently has 5 single family homes for sale with an average list price of $458,780 and 1 lot for sale with a list price of $499,000. The average annual property tax for Menlo is $1,750.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Menlo, i.e. what's hot and what's not. See What's Hot & What's Not in Menlo
Menlo home sales for the month of April stayed the same in volume when compared to last year, while the median sale price stayed the same.
3
|
6
|
7
|
5
|
2019 | 2020 | 2021 | 2022 |
# of sales per year |
$128,500
|
$352,500
|
$232,000
|
$535,000
|
2019 | 2020 | 2021 | 2022 |
median sale price per year |