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Los Altos market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPLos AltosAll home types · May 2026The Los Altos market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$4.2M-13.4% vs AprTime to pending10d2 days faster vs AprSold over asking70%+11 pts vs AprActive listings35-20.5% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGLos AltosAll home types · May 2026Bidding wars are the norm in Los Altos:70% of homes sold over asking.106.2%average sale price vs. asking priceSold over asking70%vs. a year ago-5 pts106.6%104.0%101.4%Sold at asking price106.2%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPLos AltosAll home types · May 2026Los Altos homes are closing +6.2% aboveasking. The list price is the floor, notthe ceiling.-$158Kmedian sale price minus asking priceMedian asking price$4.36MMedian sale price$4.2M$5.77M$4.49M$3.22MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICELos AltosAll home types · May 2026Los Altos home values dipped -5.7% froma year ago.$4.2Mmedian sale priceYear over year-5.7%Homes sold last month30$4.57M$3.91M$3.25M$4.2MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLLos AltosAll home types · May 2026The typical Los Altos home goes pendingin 10 days, 1 day slower than last year.10 daysmedian time to pendingGone within two weeks72%vs. a year ago1 day slower59d40d20d10dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSLos AltosAll home types · May 2026Los Altos inventory is up 2.9% year overyear, a steadier supply picture forhomes.35active listingsYear over year+2.9%Months of supply1.242322235Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Buying or selling in Los Altos?

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Price cuts

PRICE CUTSLos AltosAll home types · May 20261 in 3 Los Altos listings cut its askingprice last month, up 5 pts from a yearago.31%of active listings cut their asking pricevs. a year ago+5 ptsActive listings3528%22%17%31%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETLos AltosAll home types · May 202672% of Los Altos homes went pendingwithin two weeks. Priced-right listingsdo not wait.72%of listings went pending within two weeksMedian time to pending10 daysvs. a year ago-3 pts64%45%26%Half of listings72%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYLos AltosAll home types · May 2026November is historically Los Altos'scalmest month for buyers: 4.5 pts lessover-asking than April.Novemberhistorically the calmest month for buyersBuyer's edge vs April-4.5 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.0 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICELos AltosAll home types · May 2026Los Altos home values are up +45% overthe past 10 years.+45%median sale price growth since 2016Median price in 2016$2.9MAverage gain per year+3.8%$4.24M$3.54M$2.83M$4.2MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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