Mary Pope-Handy's Market Report

Los Altos, CA 94022

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Altos, CA 94022

Tue Oct 19 2021
This week the median list price for Los Altos, CA 94022 is $3,847,500 with the market action index hovering around 77. This is an increase over last month's market action index of 66. Inventory has increased to 10. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Altos, CA 94022

Tue Oct 19 2021
This week the median list price for Los Altos, CA 94022 is $3,847,500 with the market action index hovering around 77. This is an increase over last month's market action index of 66. Inventory has increased to 10. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $3,847,500
Median Price of New Listings $3,345,000
Per Square Foot $1,606
Average Days on Market 28
Median Days on Market 11
Price Decreased 30%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent $8,000
Market Action 77
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$7,449,000 5,912 0.5 - 1 acre 5 6 7 0 0 38
$5,243,000 3,997 0.25 - 0.5 acre 4 3 44 0 2 17
$3,500,000 1,856 0.25 - 0.5 acre 3 2 70 1 1 14
$2,495,000 1,080 8,000 - 10,000 sqft 3 1 72 1 2 7