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Los Altos market insights

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

Monthly market wrap

MONTHLY MARKET WRAPLos AltosSingle-family homes · May 2026The Los Altos market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$4.51M▼ -16.5% vs AprTime to pending9d▼ 1 day faster vs AprSold over asking72%▲ +1 pts vs AprActive listings12▼ -45.5% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGLos AltosSingle-family homes · May 2026Bidding wars are the norm in Los Altos:72% of SFHs sold over asking.107.5%average sale price vs. asking priceSold over asking72%vs. a year ago-12 pts111.6%107.1%102.5%Sold at asking price107.5%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPLos AltosSingle-family homes · May 2026Los Altos SFHs are closing +7.5% aboveasking. The list price is the floor, notthe ceiling.+$152Kmedian sale price minus asking priceMedian asking price$4.36MMedian sale price$4.51M$5.87M$4.78M$3.69MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICELos AltosSingle-family homes · May 2026Los Altos SFH values dipped -7.0% from ayear ago.$4.51Mmedian sale priceYear over year-7.0%Homes sold last month25$5.24M$4.35M$3.46M$4.51MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLLos AltosSingle-family homes · May 2026Los Altos SFHs are flying off the marketin 9 days.9 daysmedian time to pendingGone within two weeks77%vs. a year agounchanged64d42d21d9dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSLos AltosSingle-family homes · May 2026Los Altos inventory is down 36.8% yearover year, keeping buyer choice tight.12active listingsYear over year-36.8%Months of supply0.527191112Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSLos AltosSingle-family homes · May 20261 in 2 Los Altos listings cut its askingprice last month, up 43 pts from a yearago.75%of active listings cut their asking pricevs. a year ago+43 ptsActive listings1240%30%19%75%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETLos AltosSingle-family homes · May 202677% of Los Altos SFHs went pendingwithin two weeks. Priced-right listingsdo not wait.77%of listings went pending within two weeksMedian time to pending9 daysvs. a year ago-2 pts68%47%26%Half of listings77%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYLos AltosSingle-family homes · May 2026December is historically Los Altos'scalmest month for buyers: 5.1 pts lessover-asking than February.Decemberhistorically the calmest month for buyersBuyer's edge vs February-5.1 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.1 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 AltosSingle-family homes · May 2026Los Altos SFH values are up +48% overthe past 10 years.+48%median sale price growth since 2016Median price in 2016$3.05MAverage gain per year+4.0%$4.61M$3.82M$3.04M$4.51MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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