The August 2007 Completed Sales Report for Menlo Park Single-Family
Homes saw a closing of 36 sales receiving 101.29% of list price. These
closings represented a median price of $1,212,500 and an average price
of $1,359,716. Thirty-five new listings were also reported.

Menlo Park Condos/Townhouses had 11 closed sales receiving 99.83% of
list price. These closings represented a median price of $748,000 and
an average price of $871,193. There were eleven new listings for the
month of August.

Single-family homes in Menlo Park had an average of thirty days on
market (DOM) and thirty-one cumulative days on market (CDOM).

Condos/Townhouses had an average of seventeen DOM and CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of SILVAR & SCCAOR

which partly support REInfoLink, a Multiple Listing Service (MLS).
REInfoLink also maintains statistics on real estate transactions for
Santa Clara County and San Mateo County. We love this stuff!

Pat Kapowich, “Negotiating Smooth Transactions Throughout The South
Bay” SiliconValleyBroker.com