According to MLS Listings Inc. data there currently are 121 single family homes for sale in Los Altos. 82 homes are active and available to purchase. The remaining 39 homes are under contract.
Seventeen single family homes closed escrow in the month of February. This is slightly above the 12 year average of sixteen homes that closed escrow in the month of February.
New listings were down, creating some multiple offer situations that resulted in six properties selling above their asking price.
Click Los Altos Real Estate Update for February 2010 for a detailed 24-month history of home sales activity in Los Altos. Note: all data was taken from our local MLS and is deemed accurate but not guaranteed.
Should you have any questions about your home and/or its value relative to our current market, please contact me directly at 650 917-4250. Thanks for reading.