Market Report - The Brasil Group

Los Altos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA

Mon Jan 17 2022
This week the median list price for Los Altos, CA is $1,498,000 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has decreased to 5. 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.

Slight Seller's Advantage

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

Mon Jan 17 2022
This week the median list price for Los Altos, CA is $1,498,000 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has decreased to 5. 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.

Slight Seller's Advantage

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 $1,498,000
Median Price of New Listings $0
Per Square Foot $1,244
Average Days on Market 94
Median Days on Market 70
Price Decreased 0%
Price Increased 0%
Relisted 40%
Inventory 5
Median Rent $3,528
Market Action 43
Slight Seller's Advantage

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
$1,999,000 1,323 0 - 4,500 sqft 2 2 27 0 0 35
$1,598,000 1,284 0 - 4,500 sqft 2 2 47 0 0 28
$1,498,000 1,072 0 - 4,500 sqft 2 2 47 0 0 70
$1,072,500 1,058 0 - 4,500 sqft 2 2 56 0 0 168