Market Report - The Brasil Group

Los Altos, CA 94022

Condos/Townhomes

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 $1,695,000 with the market action index hovering around 37. This is an increase over last month's market action index of 30. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Los Altos, CA 94022

Sat Feb 27 2021
This week the median list price for Los Altos, CA 94022 is $1,695,000 with the market action index hovering around 37. This is an increase over last month's market action index of 30. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $1,695,000
Per Square Foot $1,246
Days on Market 49
Price Decreased 25%
Price Increased 0%
Relisted 17%
Inventory 12
Median Rent
Most Expensive $2,399,000
Least Expensive $559,888
Market Action 37
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$2,395,000 1,840 0 - 4,500 sqft 2 2 49 1 0 28
$1,715,000 1,444 0 - 4,500 sqft 2 2 54 1 0 105
$1,649,000 1,463 0 - 4,500 sqft 2 2 25 1 1 98
$1,498,000 1,280 0 - 4,500 sqft 2 2 21 0 1 21