Market Report - The Brasil Group

Los Altos, CA 94022

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Altos, CA 94022

Sat Feb 27 2021
This week the median list price for Los Altos, CA 94022 is $4,485,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 13. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Los Altos, CA 94022

Sat Feb 27 2021
This week the median list price for Los Altos, CA 94022 is $4,485,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 13. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $4,485,000
Per Square Foot $1,584
Days on Market 35
Price Decreased 0%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent
Most Expensive $14,000,000
Least Expensive $1,999,999
Market Action 43
Slight Seller's Advantage

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
$6,495,000 4,099 0.25 - 0.5 acre 6 6 1 0 0 35
$5,395,000 4,450 0.25 - 0.5 acre 5 4 3 0 0 175
$3,685,000 2,450 0.25 - 0.5 acre 3 2 42 0 0 21
$2,893,000 1,684 0.25 - 0.5 acre 3 1 63 0 1 10