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What do you people think will happen to the value of homes in Menlo Park, east of El Camino?

  • December 12 2010 - Menlo Park
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Answers (5)

Profile picture for user954088
Marcy, why do you feel as if the Willows have underperformed?
  • March 14 2012
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Several neighborhoods in the area east of El Camino are doing quite well. Linfield Oaks for example has seen an increase in value this year. I think that is because it was undervalued before the crash. The Willows have not done as well. Belle Haven is also holding its own and gaining a little value from the bottom.
  • December 29 2010
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Profile picture for kem1982
East of el camino there are a many streets without sidewalks and homes that need a meaningful amount of work to upgrade curb appeal. How has curb appeal been changing in these areas? What is the expected trend?
  • December 12 2010
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Look at the zip code's median income level and multiply by 2.8 %.  That is where the bottom is, unless wage growth remains stagnant.
  • December 12 2010
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Sooner or later, things will improve. Menlo park east of El Camino is a beautiful neighborhood, and believe it or not, it and most other middle and upper end neighborhoods on the peninsula are doing quite well compared to most of the rest of the country.

As of now, buyers are still buying. The average marketing times in Menlo Park for Oct 2010 was 42 days. That's been the case since the beginning of the summer.

I am very optimistic about future values in Menlo Park:)
  • December 12 2010
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