Monthly market wrap MONTHLY MARKET WRAP Los Altos All home types · May 2026 The Los Altos market tilted hotter in May: most key signals moved the seller's way. Median sale price $4.2M ▼ -13.4% vs Apr Time to pending 10d ▼ 2 days faster vs Apr Sold over asking 70% ▲ +11 pts vs Apr Active listings 35 ▼ -20.5% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Los Altos All home types · May 2026 Bidding wars are the norm in Los Altos: 70% of homes sold over asking. 106.2% average sale price vs. asking price Sold over asking 70% vs. a year ago -5 pts 106.6% 104.0% 101.4% Sold at asking price 106.2% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Los Altos All home types · May 2026 Los Altos homes are closing +6.2% above asking. The list price is the floor, not the ceiling. -$158K median sale price minus asking price Median asking price $4.36M Median sale price $4.2M $5.77M $4.49M $3.22M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Los Altos All home types · May 2026 Los Altos home values dipped -5.7% from a year ago. $4.2M median sale price Year over year -5.7% Homes sold last month 30 $4.57M $3.91M $3.25M $4.2M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Los Altos All home types · May 2026 The typical Los Altos home goes pending in 10 days, 1 day slower than last year. 10 days median time to pending Gone within two weeks 72% vs. a year ago 1 day slower 59d 40d 20d 10d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Los Altos All home types · May 2026 Los Altos inventory is up 2.9% year over year, a steadier supply picture for homes. 35 active listings Year over year +2.9% Months of supply 1.2 42 32 22 35 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Los Altos? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Los Altos All home types · May 2026 1 in 3 Los Altos listings cut its asking price last month, up 5 pts from a year ago. 31% of active listings cut their asking price vs. a year ago +5 pts Active listings 35 28% 22% 17% 31% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Los Altos All home types · May 2026 72% of Los Altos homes went pending within two weeks. Priced-right listings do not wait. 72% of listings went pending within two weeks Median time to pending 10 days vs. a year ago -3 pts 64% 45% 26% Half of listings 72% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Los Altos All home types · May 2026 November is historically Los Altos's calmest month for buyers: 4.5 pts less over-asking than April. November historically the calmest month for buyers Buyer's edge vs April -4.5 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.0 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Los Altos All home types · May 2026 Los Altos home values are up +45% over the past 10 years. +45% median sale price growth since 2016 Median price in 2016 $2.9M Average gain per year +3.8% $4.24M $3.54M $2.83M $4.2M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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