Diana Parham's Market Report
Los Altos, CA
Single-Family Homes
Intero A Berkshire Hathaway Affiliate | dparham@interorealestate.com | 408-472-8874
Los Altos, CA
Fri Apr 04 2025
This week the median list price for Los Altos, CA is $4,900,000 with the market action index hovering around 58. This is an increase over last month's market action index of 53. Inventory has increased to 29.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.
Real-Time Market Profile
| Median List Price | $4,900,000 | |
| Median Price of New Listings | $4,388,000 | |
| Per Square Foot | $1,726 | |
| Average Days on Market | 95 | |
| Median Days on Market | 7 | |
| Price Decreased | 17% | |
| Price Increased | 3% | |
| Relisted | 0% | |
| Inventory | 29 | |
| Median Rent | ||
| Market Action | 58 | |
| 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. 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 |
|---|---|---|---|---|---|---|---|---|
| $7,995,000 | 4,385 | 0.5 - 1 acre | 5 | 5 | 18 | 1 | 1 | 63 |
| $5,498,000 | 3,526 | 0.25 - 0.5 acre | 4 | 4 | 37 | 4 | 3 | 0 |
| $4,498,000 | 2,395 | 0.25 - 0.5 acre | 4 | 3 | 56 | 4 | 4 | 0 |
| $3,625,000 | 2,099 | 8,000 - 10,000 sqft | 3 | 2 | 70 | 4 | 4 | 3 |