In July 2017, there were 37 homes sold, with a median sale price of $2,100,000 - a 19% increase over the $1,764,250 median sale price for the same period of the previous year. There were 26 homes sold in Menlo Park in July 2016.
The median sales tax in Menlo Park for the most recent year with available data, 2015, was $10,068, approximately 0.5% of the median home sale price for July 2017.
The following table compares Menlo Park to other San Mateo County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Menlo Oaks | 2 | 0 | - | $4,297,500 | $0 | - |
| Hillsborough | 13 | 11 | 18.2% | $3,700,000 | $3,650,000 | 1.4% |
| Portola Valley | 6 | 7 | -14.3% | $3,075,000 | $1,900,000 | 61.8% |
| Woodside | 4 | 10 | -60% | $2,900,000 | $2,525,000 | 14.9% |
| West Menlo Park | 11 | 4 | 175% | $2,701,500 | $2,767,500 | -2.4% |
| Menlo Park | 37 | 26 | 42.3% | $2,100,000 | $1,764,250 | 19% |
| Burlingame | 20 | 24 | -16.7% | $2,078,000 | $1,743,000 | 19.2% |
| San Mateo Highlands | 4 | 3 | 33.3% | $1,957,500 | $1,570,000 | 24.7% |
| Emerald Lake Hills | 2 | 3 | -33.3% | $1,937,500 | $1,790,000 | 8.2% |
| Ladera | 1 | 0 | - | $1,925,000 | $0 | - |
| Palomar Park | 2 | 1 | 100% | $1,850,000 | $1,618,000 | 14.3% |
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