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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$4,485,000|
|Per Square Foot||$1,584|
|Days on Market||35|
|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.
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|