Menlo Park is located at the eastern edge of San Mateo County around the San Francisco Bay Area. Located between major metropolitan areas of San Francisco and San Jose, and specifically between Palo Alto and Redwood City, Menlo Park is one beautiful city that boasts active commercial districts with tree-lined neighborhoods. Santa Cruz Avenue has many great boutiques and restaurants like Oak + Violet, Left Bank, Refuge & Cafe Barrone.
Menlo Park is known for its love for innovation. This love is evident in its economy that revolves around venture capital, private equity, financial services, law firms, and other professional service companies that focus on technology.
Home to some of the most engaging parks in the San Francisco area, Menlo Park has several recreational spaces and picnic areas and tennis courts. These features make it an ideal area for families to settle.
The recent Menlo Park Real Estate market trends show a 4% increase which equates to around $82,000 in median home sales over the past year, resulting in a $1,315 increase in average price per square foot from $1,256. The median home value in Menlo Park is now around $2,418,000.
If you are considering making Menlo Park your next home, you should kick start your home search with HPI Real Estate. Check out our Menlo Park Market Report more exciting information about Menlo Park and its recent Real Estates sale data.
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