Menlo Atherton Monthly - April 2021

Menlo Atherton Monthly - April 2021

  • Dana Carmel
  • April 1, 2021

April 2021 Menlo Atherton Monthly newsletter by Dana Carmel, with a portrait and local market commentary.

 

Premitay imesion

 

With mature trees lining the perimeter, this large

1.35-acre flat lot offers North and West exposures for ultimate natural light, tranquility, and privacy.

The home has lovingly belonged to the same family for over 60 years and offers endless possibilities to remodel or build new within walking distance to the Menlo Circus Club.

This property is located in the highly-rated Las Lomitas School district.

 

Landscaped garden with a shaded lawn, flowering shrubs, and ponds dotted with lily pads.

 

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Inventory of Active Listings

Although the number of active listings in February 2021 is up 10% from 2020, we are still experiencing a seller's market with high demand and lower inventory.

 

Bar chart of Stanford Circle region active listings by month, August 2018–February 2021, with February 2021 up about 10% year over year.

 

Stanford Circle Monthly

Median

House Values

Further reflecting this Seller's Market, you can see the upward trajectory of the average sales price since January 2019. It's a great time to sell!

 

Bar chart of Stanford Circle median home prices, January 2019–February 2021, peaking above $3.4 million in 2020.

 

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Blue house with rooftop solar panels, terracotta tiles, and colorful flower beds.

 

Having a home that’s designed for sustainability has long seemed nice in theory, but in the past has also led to the connotation of crunchy aesthetics plus the expense of installing green technology.

Between the rapid rise of electric cars, a growing number of developers turning out high-design green buildings, and a broader concern for wellness that’s grown out of the Covid-19 pandemic, the tide is quietly turning in favor of green homes and buildings.

Some notable, trending, and impactful sustainability upgrades that sellers may see a benefit to are:

  1. Electric car charging outlets and electric car charging solar panels
  2. High-tech air filtration system that allows users to boost a home's fresh air intake via an app
  3. Compact indoor farms that allow you to grow your own produce.
  4. UV lighting

Read more about the impact that 'going green' can have on your home, environment, and resell value in *this article. *

 

Sale pending announcement for 2111 Harkins Avenue, with living room and exterior photos.

 

View Property

For listings, recent sales, tips, and more follow Dana on Instagram @DanaCarmelLuxuryListings

 

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Whether you're looking to buy, sell, refresh, or remodel, Dana Carmel is here to answer your questions and guide you through every step of the way.