Monthly market wrap MONTHLY MARKET WRAP Los Altos Condos · May 2026 Los Altos held steady in May: the key market signals were mixed. Median sale price $1.15M ▼ -33.9% vs Apr Time to pending 68d ▲ 32 days slower vs Apr Sold over asking 33% ▲ +8 pts vs Apr Active listings 16 ▼ -5.9% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Los Altos Condos · May 2026 33% of Los Altos condos sold over asking, so pricing right matters more than ever. 95.8% average sale price vs. asking price Sold over asking 33% vs. a year ago -7 pts 101.5% 99.7% 98.0% Sold at asking price 95.8% May 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 Condos · May 2026 Los Altos condos are closing +4.2% below asking. The list price has become a starting point. -$3.21M median sale price minus asking price Median asking price $4.36M Median sale price $1.15M $4.29M $3.04M $1.79M Sold Asking May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Los Altos Condos · May 2026 Los Altos condo values dipped -47.2% from a year ago. $1.15M median sale price Year over year -47.2% Homes sold last month 3 $2.46M $1.98M $1.5M $1.15M Jan 2019 Sep 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Los Altos Condos · May 2026 The typical Los Altos condo goes pending in 68 days, 29 days slower than last year. 68 days median time to pending Gone within two weeks 25% vs. a year ago 29 days slower 238d 159d 79d 68d May 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Los Altos Condos · May 2026 Los Altos inventory is up 14.3% year over year, a steadier supply picture for condos. 16 active listings Year over year +14.3% Months of supply 5.3 18 14 10 16 May 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 Condos · May 2026 Price cuts are rare in Los Altos: just 13% of listings reduced their asking price, down 9 pts from a year ago. 13% of active listings cut their asking price vs. a year ago -9 pts Active listings 16 31% 23% 15% 13% May 2024 Jul 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Los Altos Condos · May 2026 Only 25% of Los Altos condos went pending within two weeks. Most listings are taking their time. 25% of listings went pending within two weeks Median time to pending 68 days vs. a year ago -55 pts 47% 29% 10% Half of listings 25% May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Los Altos Condos · May 2026 November is historically Los Altos's calmest month for buyers: 7.2 pts less over-asking than March. November historically the calmest month for buyers Buyer's edge vs March -7.2 pts Years of Redfin data 8+ Yearly average J F M A M J J A S O N D -3.1 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 Condos · May 2026 Los Altos condo values are down -15% from 10 years ago. -15% median sale price growth since 2016 Median price in 2016 $1.35M Average gain per year -1.6% $1.99M $1.73M $1.47M $1.15M Sep 2015 Feb 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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