Market Report - The Brasil Group

Los Altos, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA

Wed Oct 20 2021
This week the median list price for Los Altos, CA is $3,795,000 with the market action index hovering around 80. This is an increase over last month's market action index of 78. Inventory has decreased to 23. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Altos, CA

Wed Oct 20 2021
This week the median list price for Los Altos, CA is $3,795,000 with the market action index hovering around 80. This is an increase over last month's market action index of 78. Inventory has decreased to 23. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $3,795,000
Median Price of New Listings $3,995,000
Per Square Foot $1,376
Average Days on Market 52
Median Days on Market 21
Price Decreased 26%
Price Increased 0%
Relisted 4%
Inventory 23
Median Rent $6,450
Market Action 80
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
$6,998,000 4,889 0.25 - 0.5 acre 5 6 12 0 1 56
$4,824,000 3,644 0.25 - 0.5 acre 5 3 22 4 4 3
$3,597,500 2,280 0.25 - 0.5 acre 3 2 68 1 2 28
$2,649,444 2,001 8,000 - 10,000 sqft 3 2 70 3 4 7