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The Monica & Mandy Group 

WSJ Ranked Among American's Best Teams 

2021 MARKET WRAP-UP


The real estate trends we saw developing as a result of Covid continued throughout 2021, namely an out-migration of renters from the Bay Area, buyers looking for bigger homes in suburban areas, a robust second home market, and a frenzied buyer pool making offers considerably over asking.  Given the Bay Area's strong job market, we do not anticipate these trends to reverse course anytime soon.  If you are a buyer, not to worry - the volume of homes for sale is at its highest level in nearly 5 years, just be ready to make a decision quickly, prepare that there may be multiple offers and possibly make several offers before you find your dream home.          


If you are a seller, we are now in the throws of the early spring selling season.  Thinking of selling in 2022?  Now is the time to start preparing.  A few key improvements can go a long way with buyers - and deliver a great return on your investment.  Contact us for guidance from our team and to tap into our network of trusted local contractors.

Below are some interesting highlights from a year-end survey of Realtors throughout California.

2021 volume of sales and price appreciation in our region was very strong.

2021 End of Year Statistics

FEATURED PROPERTIES AND RECENT SALES

JUST LISTED - 645 Gilbert Avenue
Menlo Park
3 Bed | 2.5 Bath | $1,799,000
JUST SOLD - Off-MLS

(represented buyer)

Menlo Park
3 Bed | 2.5 Bath | Cottage
JUST SOLD - 350 Manzanita Avenue

Palo Alto

4 Bed | 2.5 Bath | $3,925,000
JUST SOLD PRE-MARKET - 

740 Olive Street

Menlo Park
4 Bed | 3 Bath | $4,000,000
JUST SOLD - 1776 Channing Avenue (represented buyer)
Palo Alto
3 Bed | 2 Bath | $3,550,000
JUST SOLD - 919 Mears Court 

(represented buyer)

Stanford
4 Bed | 3 Bath | $2,710,000
JUST SOLD - 631 College Avenue
Allied Arts-Downtown Menlo Park
7 Bed | 7 Bath | $6,800,000
JUST SOLD PRE-MARKET - 

95 Sutherland Drive

Atherton

1 acre lot | $6,200,000

JUST SOLD - 67 Lyell Street
New Construction 

Downtown Los Altos

6 Bed | 5.5 Bath | $5,700,000
JUST SOLD - 77 Lyell Street

New Construction 

Downtown Los Altos


6 Bed | 5.5 Bath | $5,600,000
JUST SOLD - 2323 Summit Drive
Hillsborough
5 Bed | 4 Bath | $4,800,000
JUST SOLD - 2312 Crest Lane
Sharon Heights
3 Bed | 2 Bath | $4,100,00
COMING SOON!

Prime Downtown 

Palo Alto


WHAT'S HAPPENING AROUND THE BAY


Each registration slot provides 2 hours ONLY of access to our hiking trails to help assist with physical distancing. We are closed daily from 11am - 1pm. As our top priority remains protecting the health, safety, and well-being of our community, we'll be limiting the number of visitors and open hours through a reservation system to assist with physical distancing and to mitigate the spread of disease. More information can be found here.  

Wednesdays 3-7 PM | Menlo Park


Bon Marché, downtown Menlo Park's new French-themed midweek farmers market, is heading into winter with earlier hours and a rotating cast of vendors. The brainchild of Bistro Vida owner Ali El Safy, Bon Marché launched Oct. 27 and is open Wednesdays from 3 to 7 p.m. on the 600 block of Santa Cruz Avenue. For more information, visit the full article here.    

© Compass 2022 ¦ 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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