Mary Pope-Handy's Market Report

Los Altos, CA 94024

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Altos, CA 94024

Tue Oct 19 2021
This week the median list price for Los Altos, CA 94024 is $3,795,000 with the market action index hovering around 76. This is less than last month's market action index of 77. Inventory has decreased to 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Los Altos, CA 94024

Tue Oct 19 2021
This week the median list price for Los Altos, CA 94024 is $3,795,000 with the market action index hovering around 76. This is less than last month's market action index of 77. Inventory has decreased to 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $3,795,000
Median Price of New Listings $3,997,500
Per Square Foot $1,375
Average Days on Market 71
Median Days on Market 28
Price Decreased 23%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent $5,900
Market Action 76
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$6,888,000 4,052 0.25 - 0.5 acre 5 4 15 1 1 147
$4,750,000 3,453 0.25 - 0.5 acre 5 3 69 2 1 7
$3,699,888 2,788 0.25 - 0.5 acre 4 2 61 1 2 28
$3,143,900 2,205 8,000 - 10,000 sqft 4 3 43 2 2 31