Although several higher-priced Silicon Valley cities show slightly slower house price increases than the Silicon Valley average price, Los Altos house prices have tracked it fairly closely for 12 years.
Learn more about Los Altos real estate.
Although several higher-priced Silicon Valley cities show slightly slower house price increases than the Silicon Valley average price, Los Altos house prices have tracked it fairly closely for 12 years. Learn more about Los Altos real estate.
The plot of both average and median quarterly Los Altos house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Los Altos real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.