Los Altos currently has 82 single family homes for sale. Thirty-nine of these homes are active listings (two are short sale properties), 24 are sale pending where all the contingencies have been removed, 15 are sale pending and are going through the buyers due-diligence process and 4 are sale pending subject to the buyers selling their property. Thirty-four homes closed escrow in October.
Lastly, two of the Los Altos properties that are under contract are short sale properties, where the debt owed on the property is higher than the market value of the home. It will be interesting to see if these short sale properties actually close escrow.
Click on Los Altos Real Estate Market Update – October 2010 for October market activity in Los Altos. Click on Los Altos Real Estate Summary for details (address, sales price, size etc.) on the 34 properties that closed escrow in October in Los Altos. Note: all data was taken from our local MLS and is deemed accurate but not guaranteed.