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Monday, April 21, 2025

West Menlo Park home prices fall in January 2017

Re 10

The median sale price of a home sold in January 2017 in West Menlo Park fell by $137,500 while total sales decreased by 55.6%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $2,212,500 - a 5.9% decrease over the $2,350,000 median sale price for the same period of the previous year. There were nine homes sold in West Menlo Park in January 2016.

The median sales tax in West Menlo Park for the most recent year with available data, 2015, was $11,413, approximately 0.5% of the median home sale price for January 2017.

The following table compares West Menlo Park to other San Mateo County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Woodside110%$4,700,000$4,000,00017.5%
Portola Valley23-33.3%$3,045,000$2,700,00012.8%
Hillsborough6520%$2,925,000$3,000,000-2.5%
San Mateo (unincorporated)110%$2,900,000$196,0001379.6%
Ladera10-$2,490,000$0-
West Menlo Park49-55.6%$2,212,500$2,350,000-5.9%
Emerald Lake Hills34-25%$2,077,000$1,997,5004%
Menlo Park141216.7%$2,024,000$2,200,000-8%
Burlingame Hills110%$1,800,000$200,000800%
Burlingame11837.5%$1,688,000$1,662,5001.5%
San Carlos14137.7%$1,680,000$1,450,00015.9%

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