Market Report - The Brasil Group

Los Altos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA

Tue Aug 09 2022
This week the median list price for Los Altos, CA is $1,748,000 with the market action index hovering around 48. This is less than last month's market action index of 53. Inventory has increased to 9. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Los Altos, CA

Tue Aug 09 2022
This week the median list price for Los Altos, CA is $1,748,000 with the market action index hovering around 48. This is less than last month's market action index of 53. Inventory has increased to 9. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $1,748,000
Median Price of New Listings $1,888,000
Per Square Foot $1,207
Average Days on Market 33
Median Days on Market 35
Price Decreased 0%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 48
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
$2,549,444 1,579 0 - 4,500 sqft 2 2.5 32 1 0 28
$1,843,500 1,417 0 - 4,500 sqft 3 2.5 31 1 0 56
$1,721,500 1,493 0 - 4,500 sqft 2 2.5 44 1 0 7
$950,000 787 0 - 4,500 sqft 1 1 13 0 1 35