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Stanford Circle 

Q1 

Real Estate In Review 

Q1 is typically a slower quarter, mostly reflecting sales that occurred during the mid-winter holiday "doldrums," as the market gradually wakes up in the new year.  


As we know, this last year has been like no other. Following the pattern of robust activity since mid-2020, sales activity in Q1 2021 was far higher than typical.  

The first quarter quickly accelerated into a competitive, high demand market:

 


Q1 2021 vs. Q1 2020


  • Median house sale price up by 10%


  • Average house $/sq.ft. value up 7%


  • Home sale volume up 59%


  • Sales of $5 million+ homes up 57%


The first part of this newsletter will focus on the Stanford Circle Region in its entirety vs. years prior, and the second half of the newsletter will examine the various towns individually.

Monica, Mandy, and Erica's Featured Properties

PENDING - 1244 Elm Street

San Carlos

5 Bed | 3.5 Bath | $2,998,000
PENDING - 968 Menlo Avenue

(represented buyer)

Allied Arts-Downtown Menlo Park
3 Bed | 2.5 Bath | $3,150,000
PENDING - 2403 Sharon Oaks Drive
West Menlo Park
3 Bed | 3 Bath | $1,899,000
SOLD - 89 Selby Lane
(represented buyer)

Atherton

5 Bed | 5.5 Bath | $9,900,000
SOLD - 1700 Bay Laurel Drive
Central Menlo Park
5 Bed | 2.5 Bath | $5,465,000
SOLD - 1516 Vancouver Avenue

(represented buyer)

Burlingame

4 Bed | 3 Bath | $4,000,000
SOLD - 780 Magnolia Street
Central Menlo Park
4 Bed | 2 Bath | $3,725,000
SOLD - 224 Leland Avenue
West Menlo Park
4 Bed | 3.5 Bath | $3,850,000
SOLD - 2312 Crest Lane 

(represented buyer)

West Menlo Park
3 Bed | 2.5 Bath | $3,375,000
SOLD - 911 La Mesa Drive 

(represented buyer)

Portola Valley
4 Bed | 3 Bath | $2,750,000
SOLD - 338 Turkshead Lane
Redwood City
3 Bed | 2 Bath | $1,600,000
SOLD - 440 Cesano Court, Unit 201
Palo Alto
2 Bed | 2 Bath | $1,170,000
Coming Soon Listings
Atherton, Menlo Park, Los Altos, Redwood City
Contact us directly for more information!

What's Happening Around the Bay

Virtual Wine Tasting & Cooking Classes


Vina Enoteca is a full-service Italian restaurant and bar located at the Stanford Barn in Palo Alto. Vina Enoteca brings the rustic charm of Italy to the Silicon Valley with food that warms the soul in a setting unlike any other.


Come gather with family and friends and sip fine wine, craft cocktails and savor modern Italian cuisine in a comfortable setting. Our fantastic team will guide you through an unforgettable dining experience.

Mother's Day Events Around the Bay


Eventbrite has curated a whole host of activities, both virtual and in person, that you can do with your mom to celebrate her special day!  Some are free, some require a ticket, but there are a variety of events to chose from.  Visit the Eventbrite site here for ideas and locations.      


I

n honor of Earth Week, Kepler’s is proud to present a pre-recorded "This Is Now" interview with two of the globe’s leading climate policy advocates and diplomats, Christiana Figueres and Tom Rivett-Carnac of Global Optimism.

Together these incredibly knowledgeable, practical advocates suggest an unusual approach: stubborn optimism. In 10 concrete steps praised by readers ranging from Jane Goodall to Yuval Noah Harrari and Naomi Klein, they propose actionable steps that we all can take to turn the tide on our climate future.   

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© 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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