Thu Sep 21 2023
This week the median list price for Los Altos Hills, CA is $6,995,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has increased to 20.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$6,995,000|
|Median Price of New Listings||$6,097,500|
|Per Square Foot||$1,689|
|Average Days on Market||153|
|Median Days on Market||70|
|Slight Seller's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$15,888,000||9,435||2.5 - 5 acres||6||9||12||1||0||140|
|$9,480,000||4,908||1 - 2.5 acres||5||6||21||1||0||98|
|$5,750,000||3,525||1 - 2.5 acres||5||5||60||1||1||112|
|$3,895,000||2,443||1 - 2.5 acres||4||3||68||1||1||42|