The State of the Los Altos Housing Market Today

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How exactly is Los Altos doing compared with the rest of the country housing market? We’ve heard horror stories of how there is no hope in this bleak economy. But, read on, because I’ve got great news for you!

Compared with the rest of the country, Los Altos is doing incredibly well in this overall rough nationwide housing economy.

Currently we have 64 total homes on the market. That is a relatively low number for this time of the year.
We’ve had 16 properties sell in the last 30 days. In contrast, we had 20 new properties come on the market during the same time period.

These statistics are great news if you are thinking of selling your home or currently have a home on the market. Things are moving quickly and that means a much quicker and more profitable sale for the seller.

Overall, if you look at Santa Clara county as a whole, it has about 4,600 houses on the market right now. That’s a lower number than this time of year.

At the same time, we are seeing 1,600 homes selling each month. This is a very healthy number. There were only about 2,000 homes put on the market last month.

The market is healthy in Los Altos and it’s a great time to buy or sell real estate. Despite the nation’s housing marketing, the one in Santa Clara county’s is thriving.