Market Report - The Brasil Group

Los Altos, CA 94024

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA 94024

Mon Jun 24 2024
This week the median list price for Los Altos, CA 94024 is $4,943,000 with the market action index hovering around 77. This is less than last month's market action index of 82. Inventory has held steady at or around 12. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Los Altos, CA 94024

Mon Jun 24 2024
This week the median list price for Los Altos, CA 94024 is $4,943,000 with the market action index hovering around 77. This is less than last month's market action index of 82. Inventory has held steady at or around 12. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $4,943,000
Median Price of New Listings $3,995,000
Per Square Foot $1,594
Average Days on Market 78
Median Days on Market 28
Price Decreased 8%
Price Increased 17%
Relisted 8%
Inventory 12
Median Rent
Market Action 77
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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 5,451 0.5 - 1 acre 5 5 20 0 0 70
$5,500,000 4,379 0.25 - 0.5 acre 5 4 55 1 0 35
$4,200,000 2,184 0.25 - 0.5 acre 4 3 68 1 1 7
$3,488,000 2,105 0.25 - 0.5 acre 4 3 71 1 1 7