Mary Pope-Handy's Market Report

Los Altos, CA 94024

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog


Los Altos, CA 94024

Sat Jul 05 2025
This week the median list price for Los Altos, CA 94024 is $3,996,500 with the market action index hovering around 68. This is about the same as last month's market action index of 68. Inventory has held steady at or around 14. 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

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Los Altos, CA 94024

Sat Jul 05 2025
This week the median list price for Los Altos, CA 94024 is $3,996,500 with the market action index hovering around 68. This is about the same as last month's market action index of 68. Inventory has held steady at or around 14. 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

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Los Altos market.
Median List Price $3,996,500
Median Price of New Listings $4,347,500
Per Square Foot $1,720
Average Days on Market 148
Median Days on Market 70
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 14
Median Rent
Market Action 68
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$5,996,500 2,986 0.5 - 1 acre 4 3.3 42 1 1 203
$3,999,888 3,315 0.25 - 0.5 acre 4 3.5 52 0 1 63
$3,836,500 2,762 8,000 - 10,000 sqft 4 3 50 0 1 52
$3,500,000 1,578 8,000 - 10,000 sqft 3 2 66 1 0 7