$8,500,000
5,652 SqFt
5 Beds
•5 Full Baths, 2 Partial
Heidi Tang, Listing Office: Valley Vine Realty
Is Los Altos Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Los Altos Hills was a Seller's Market.
Key Takeaway
Los Altos Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Los Altos Hills, CA
How much do homes in Los Altos Hills, CA cost?
Median Sold Price
$5,685,000
$1,610/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$385,000(+7.3%)
Key Takeaway
Homes in Los Altos Hills have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Los Altos Hills was $5,685,000 in September 2024, up 7.3% from last year, and the median price per square foot was $1,610.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $4.6M | $3.3M | -27.9% |
| 3 Bedrooms | $5.2M | $4.5M | -14.3% |
| 4 Bedrooms | $4.5M | $6.1M | +37.1% |
| 5+ Bedrooms | $6.4M | $6.1M | -3.8% |
Summary: Los Altos Hills housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 37.1%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in Los Altos Hills, CA
How many homes are available in Los Altos Hills, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 28 | 39 | +39.3% |
Summary: The Los Altos Hills real estate market had 39 homes for sale in September 2024, a 39.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 6 | 13 | +116.7% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Los Altos Hills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Los Altos Hills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Los Altos Hills in September 2024, down by 33.3% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Los Altos Hills, CA
How long does it take to sell a home in Los Altos Hills, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 13 Days | -8.6% |
Summary: Homes in Los Altos Hills had an average of 13 days on market in Sep 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Los Altos Hills are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Los Altos Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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