Market Report - The Brasil Group

Los Altos, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA

Thu Sep 16 2021
This week the median list price for Los Altos, CA is $3,898,000 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has increased to 19. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Altos, CA

Thu Sep 16 2021
This week the median list price for Los Altos, CA is $3,898,000 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has increased to 19. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $3,898,000
Median Price of New Listings $3,324,500
Per Square Foot $1,523
Average Days on Market 60
Median Days on Market 21
Price Decreased 16%
Price Increased 0%
Relisted 11%
Inventory 19
Median Rent $6,850
Market Action 71
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
$7,169,000 4,646 0.25 - 0.5 acre 5 5 4 0 1 150
$5,895,000 3,230 6,500 - 8,000 sqft 5 4 0 0 3 70
$3,800,000 2,493 0.25 - 0.5 acre 4 3 55 1 1 14
$3,500,000 2,144 0.25 - 0.5 acre 3 2 66 1 3 7