Market Report - The Brasil Group

Los Altos, CA 94024

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA 94024

Fri May 09 2025
This week the median list price for Los Altos, CA 94024 is $4,998,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has decreased to 19. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Los Altos, CA 94024

Fri May 09 2025
This week the median list price for Los Altos, CA 94024 is $4,998,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has decreased to 19. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $4,998,000
Median Price of New Listings $4,943,760
Per Square Foot $1,557
Average Days on Market 106
Median Days on Market 28
Price Decreased 32%
Price Increased 0%
Relisted 5%
Inventory 19
Median Rent
Market Action 63
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$7,938,000 4,614 0.25 - 0.5 acre 5 5.5 10 0 0 252
$6,598,000 3,640 0.25 - 0.5 acre 4 5 23 3 0 0
$4,900,000 2,914 0.25 - 0.5 acre 4 3 52 1 0 28
$3,900,000 2,868 8,000 - 10,000 sqft 4 3 48 2 4 21