Intero Market Report

Los Altos Hills, CA

Single-Family Homes

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Los Altos Hills, CA

Sun Dec 03 2023
This week the median list price for Los Altos Hills, CA is $6,998,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has decreased to 19. Click here to stay informed with the Los Altos Hills 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 Hills, CA

Sun Dec 03 2023
This week the median list price for Los Altos Hills, CA is $6,998,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has decreased to 19. Click here to stay informed with the Los Altos Hills 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 Hills market.
Median List Price $6,998,000
Median Price of New Listings $0
Per Square Foot $1,726
Average Days on Market 167
Median Days on Market 77
Price Decreased 21%
Price Increased 11%
Relisted 5%
Inventory 19
Median Rent
Market Action 31
Slight Seller's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$17,194,000 9,556 1 - 2.5 acres 6 9 9 0 0 325
$10,980,000 6,049 1 - 2.5 acres 5 7 27 0 0 119
$6,498,000 4,512 1 - 2.5 acres 5 4 43 0 1 84
$4,495,000 2,431 1 - 2.5 acres 4 3 57 0 0 42