In March 2017, there were 25 homes sold, with a median sale price of $2,070,000 - a 11.9% decrease over the $2,350,000 median sale price for the same period of the previous year. There were 31 homes sold in Menlo Park in March 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 March 2017.
The following table compares Menlo Park to other San Mateo County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palomar Park | 1 | 0 | - | $3,050,000 | $0 | - |
| Ladera | 2 | 2 | 0% | $2,794,000 | $2,327,500 | 20% |
| West Menlo Park | 4 | 2 | 100% | $2,787,500 | $2,175,000 | 28.2% |
| Burlingame Hills | 2 | 0 | - | $2,671,500 | $0 | - |
| Emerald Lake Hills | 7 | 5 | 40% | $2,160,000 | $1,430,000 | 51% |
| Menlo Park | 25 | 31 | -19.4% | $2,070,000 | $2,350,000 | -11.9% |
| Devonshire | 2 | 1 | 100% | $1,900,000 | $905,000 | 109.9% |
| Burlingame | 22 | 18 | 22.2% | $1,855,000 | $1,410,000 | 31.6% |
| San Carlos | 34 | 20 | 70% | $1,681,000 | $1,435,000 | 17.1% |
| Sequoia | 8 | 2 | 300% | $1,625,000 | $1,292,500 | 25.7% |
| Belmont | 14 | 9 | 55.6% | $1,616,000 | $1,275,000 | 26.7% |
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