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 April 2023
At the same time last year, Los Altos Hills was a Seller's Market.
Housing Prices in Los Altos Hills, CA
How much do homes in Los Altos Hills, CA cost?
Median Sold Price
$5,375,000
$1,597/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Los Altos Hills was $5,375,000 in April 2024, the same as last year, and the median price per square foot was $1,597.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $4.7M | $4.0M | -15.1% |
3 Bedrooms | $4.2M | $4.5M | +4.9% |
4 Bedrooms | $4.8M | $5.1M | +6.2% |
5+ Bedrooms | $7.6M | $6.2M | -18.3% |
Summary: Los Altos Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Cities
West Santa Clara | $4.7M | $4.8M | +2.1% |
Los Altos | $3.8M | $3.8M | +1.7% |
Los Altos Hills | $5.3M | $5.3M | 0.0% |
Palo Alto | $3.1M | $3.0M | -3.2% |
Housing Supply in Los Altos Hills, CA
How many homes are available in Los Altos Hills, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Summary: The Los Altos Hills real estate market had 24 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Los Altos Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 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
Summary: A total of 4 homes were sold or pending in Los Altos Hills in April 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 11 Days | +64.3% |
Summary: Homes in Los Altos Hills had an average of 11 days on market in Apr 2024, up by 64.3% 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
Summary: During April 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.