Los Altos Real Estate Market Update – March 2010
According to MLS Listings Inc. data there currently are 117 single family homes for sale in Los Altos. 66 homes are active and available to purchase. The remaining 51 homes are under contract.
The higher end of the market saw an increase in activity in March. Three single family homes priced above three million sold, including one home that sold close to six million. This all cash deal closed within a week of being listed.
Thirty four single family homes closed escrow in the month of March. Note: 34 closed sales is the 12 year monthly average of closed escrows for March.
Eight properties had multiple offers and sold above their asking price.
Click los altos real estate market update – March 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.
