Market Report - The Brasil Group

Los Altos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA

Fri Apr 23 2021
This week the median list price for Los Altos, CA is $1,532,000 with the market action index hovering around 45. This is an increase over last month's market action index of 38. Inventory has held steady at or around 16. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Los Altos, CA

Fri Apr 23 2021
This week the median list price for Los Altos, CA is $1,532,000 with the market action index hovering around 45. This is an increase over last month's market action index of 38. Inventory has held steady at or around 16. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $1,532,000
Per Square Foot $1,123
Days on Market 39
Price Decreased 50%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent
Most Expensive $2,400,000
Least Expensive $559,888
Market Action 45
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,141,500 1,617 0 - 4,500 sqft 2 2 18 2 2 3
$1,635,000 1,452 0 - 4,500 sqft 2 2 38 0 0 119
$1,324,500 1,314 0 - 4,500 sqft 2 2 49 1 1 31
$998,500 1,043 0 - 4,500 sqft 2 2 47 0 0 42