Mary Pope-Handy's Market Report

Los Altos, CA

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Altos, CA

Thu May 22 2025
This week the median list price for Los Altos, CA is $4,500,000 with the market action index hovering around 70. This is an increase over last month's market action index of 68. Inventory has increased to 41. 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

Thu May 22 2025
This week the median list price for Los Altos, CA is $4,500,000 with the market action index hovering around 70. This is an increase over last month's market action index of 68. Inventory has increased to 41. 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 $4,500,000
Median Price of New Listings $4,295,000
Per Square Foot $1,745
Average Days on Market 79
Median Days on Market 14
Price Decreased 20%
Price Increased 7%
Relisted 10%
Inventory 41
Median Rent
Market Action 70
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$7,746,500 4,359 0.25 - 0.5 acre 5 5 13 3 2 31
$5,197,000 3,339 0.25 - 0.5 acre 4 4.5 33 2 4 21
$4,296,500 2,591 0.25 - 0.5 acre 4 3 60 1 0 28
$3,500,000 1,840 0.25 - 0.5 acre 3 2 67 5 2 14