Market Report - The Brasil Group

Los Altos, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA

Tue Sep 27 2022
This week the median list price for Los Altos, CA is $4,488,000 with the market action index hovering around 64. This is less than last month's market action index of 67. Inventory has held steady at or around 29. Click here to stay informed with the Los Altos market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Altos, CA

Tue Sep 27 2022
This week the median list price for Los Altos, CA is $4,488,000 with the market action index hovering around 64. This is less than last month's market action index of 67. Inventory has held steady at or around 29. Click here to stay informed with the Los Altos market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $4,488,000
Median Price of New Listings $4,488,000
Per Square Foot $1,615
Average Days on Market 27
Median Days on Market 7
Price Decreased 21%
Price Increased 0%
Relisted 3%
Inventory 29
Median Rent
Market Action 64
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$7,200,000 3,907 0.25 - 0.5 acre 5 5 16 2 1 21
$5,650,000 3,256 0.25 - 0.5 acre 4 4.5 22 3 3 7
$3,988,000 2,715 0.25 - 0.5 acre 4 4 64 3 6 7
$2,848,000 2,056 8,000 - 10,000 sqft 3 3 68 3 1 7