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The "Stanford Circle" Real Estate Market in 2020 


January 2021 Report for the Cities of Palo Alto, Los Altos, Los Altos Hills, Atherton, Woodside, Portola Valley & Menlo Park 


Pandemic, shelter in place, mass unemployment, terrible financial hardships for many households and small businesses, new ways of working, office buildings empty, people move, dreadful fires, an anxious presidential election, interest rates to historic lows, stock markets to new highs, IPO mania breaks out again, vaccines begin to arrive – and, after an initial crash in activity, the Bay Area real estate market rebounded dramatically, with median home sales prices often hitting new peaks. The luxury home market in particular was extremely strong. 


2020: a year of social, political, economic and environmental extremes. Let us give thanks to those who worked so hard and sometimes risked their lives to help others. 


The analyses in this review were designed to be self-explanatory, but please don't hesitate to contact us with any questions. 


© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

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