Map of Menlo Park
Population 33,309 (2014 estimate)
Single Family Homes Statistics
|Number of Sales||299||313||357|
|Average Days on Market||25||19||21|
|Average Sales Price||$2,383,950||$2,307,460||$2,028,214|
|Median Sales Price||$2,150,000||$2,025,000||$1,875,000|
|Median Price Per Sqft||$1,121||$1,092||$961|
|% of List Price Received||104%||108%||107%|
|Number of Sales||77||71||86|
|Average Days on Market||25||22||24|
|Average Sales Price||$1,355,030||$1,413,316||$1,166,053|
|Median Sales Price||$1,270,000||$1,400,000||$1,200,000|
|Median Price Per Sqft||$850||$810||$770|
|% of List Price Received||101%||107%||106%|
Menlo Park History
The city of Menlo Park has been able to retain a small town vibe while being famously known around the world as the home to Facebook. Before Menlo Park became the center of social media and technology, the land was inhabited by the Ohlone people. In 1795 the Rancho de las Pulgas land grant was made and much like neighboring peninsula cities, the area of the current city was also included. In 1851 two Irish immigrants, Dennis J. Oliver and his brother-in-law D. C. McGlynn, purchased a 1,700-acre, and 1854 they constructed a gate and wooden arch with the inscription “Menlo Park” and the date “August 1854.” When the San Francisco and San Jose rail line arrived in 1863 the “Menlo Park” sign became a marker for passengers, and eventually became the namesake for the station and eventually the city
Just as Menlo Park was a quaint town in its original beginnings, the city today still takes pride in their ability to retain a close-knit community. Residents can enjoy a leisurely walk down Santa Cruz Avenue any day of the week, and enjoy a homemade breakfast at Ann’s Coffee Shop or a perfectly cooked steak and a glass of wine at LB Steak. Downtown hosts an extensive number of events, including an annual Christmas Tree Lighting, a summer block party, the Fall Festival of Arts & Crafts and downtown’s headline event, the Connoisseurs’ Marketplace with food, drink, music and arts and the always popular classic car show. Downtown Menlo Park may be small in size but offers much in character and class.
Due to Menlo Park’s close proximity to Stanford, the city once housed a majority of Stanford University professors. As time has progressed, Menlo Park has developed into one of the Bay Area’s premier family-friendly communities. For many working in the tech field, the city possesses a Silicon Valley-friendly location with attractive neighborhoods, many within walking distance to downtown. Menlo Park neighborhood’s span from private and rural to bustling and urban.
Menlo Park is an escape from the commotion of fast-paced Silicon Valley. Tree-lined streets, inviting neighborhoods, high ranked schools, and a friendly community reaffirm Menlo Park’s popularity for residents. Menlo Park may have started as a rural southern peninsula region, but with the growth of the railroad and eventually Silicon Valley, the city has transformed into an attractive destination for many residents to grow their roots.