Market Trend for Los Altos for the last 15 months, 4/10/2018

¨ Much higher sale price with 10% increase compared to last year, highest in last 15 months.  Price per sqft  at $1420/sqft.

¨ Average Sold$/List$ = 109%, which is 2% higher than last year, showing more competitive pricing.  Buyers willing to pay 9% over asking in Los Altos.  Low inventory at only 0.4 month available.

 

Market Trend for Los Altos for the last 15 months, 3/7/2018

¨ Much higher sale price with 32% increase compared to last year, highest in last 15 months.  Price per sqft  at $1312/sqft.

¨ Average Sold$/List$ = 113%, which is 6% higher than last year, showing more competitive pricing.  Buyers willing to pay 13% over asking in Los Altos.  Low inventory at only 0.7 month available.

 

Market Trend for Los Altos for the last 15 months, 2/13/2018

¨ Much higher sale price with 2% increase compared to last year. Price per sqft  at $1438/sqft, highest in last 15 months

¨ Average Sold$/List$ = 111%, which is 11% higher than last year, showing more competitive pricing.  Buyers willing to pay 11% over asking in Los Altos.  Low inventory at only 1.5 month available.

 

Market Trend for Los Altos for the last 15 months, 1/8/2018

¨ Much higher sale price with 30% increase compared to 12/2016. Price per sqft  at $1337/sqft

¨ Average Sold$/List$ = 110%, which is 11% higher than 12/