Intero's Market Report

Los Altos, CA

Single-Family Homes



Los Altos, CA

Mon Dec 04 2023
This week the median list price for Los Altos, CA is $5,395,000 with the market action index hovering around 63. This is less than last month's market action index of 66. Inventory has decreased to 15. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Altos, CA

Mon Dec 04 2023
This week the median list price for Los Altos, CA is $5,395,000 with the market action index hovering around 63. This is less than last month's market action index of 66. Inventory has decreased to 15. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $5,395,000
Median Price of New Listings $2,850,000
Per Square Foot $1,849
Average Days on Market 119
Median Days on Market 42
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent
Market Action 63
Strong Seller's Market

The market seems to have paused around this plateau. 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
$10,500,000 6,308 0.25 - 0.5 acre 5 6 0 0 0 49
$7,177,500 3,810 0.25 - 0.5 acre 4 5 0 0 1 87
$4,699,000 2,459 0.25 - 0.5 acre 4 4.5 66 0 1 157
$3,574,000 1,656 0.25 - 0.5 acre 3 2 69 1 1 10