Tuesday, August 4, 2009

Frustrating Lack of Inventory in Menlo Park Homes

Today was Tour day...
There were only four first time tours for Menlo Park property, three homes or condos and one lot. There was absolutely nothing available in Central Menlo (Area #303, my 'hood), except the building lot, priced at $1,400,000.

Check out the chart above illustrating the sad facts -- from 24 months of inventory to 1.4 months of inventory...YIKES!!!

No comments: