The Los Altos real estate market is experiencing a slow turn over of homes.
| 7-day stats for Single Family properties in LOS ALTOS, CA as of March 19, 2010 |
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|---|---|---|---|
| Median List Price | $1,749,000 | Average List Price | $2,149,906 |
| Total Inventory | 97 | Price per Square Foot | $728 |
| Average Home Size | 2,893 | Median Lot Size | 11,283 |
| Average # Beds | 23.52 | Average # Baths | 4.32 |
| Homes Absorbed | 10 | Newly Listed | 15 |
| Days on Market | 161 | Average Age | 39 |
There are a number of new listings that are entering the market but sales are not able to keep up and inventory is climbing.
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Inventory for homes in LOS ALTOS, CA All ZIP Codes as of March 19, 2010 is 97 The Los Altos Real Estate market is softening. Inventory of single family homes in Los Altos is creeping up and demand is not keeping up with supply. Looks like we can expect prices to dip a bit more and that homes will be sitting on the market longer. |
Stay tuned for more developments.
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