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los altos hills real estate market report: Homes sold in Los Altos Hills March 2012 - Market Report - 04/24/12 01:43 PM
Being on of the most expensive luxury markets in the country is a big torch to carry. Los Altos Hills is often cited as the #3 real estate market in the country, which is often reflected in the lofty prices for single-family homes. Last year was a big recovery year and it look like that is continuing in 2012. The average sales price in March 2012 was $2,836,556 which is down from $3,025,000 in February. However, nine homes sold last month compared to only 3 the month before. It's actually well below the spike in prices we saw last year with (1 comments)
los altos hills real estate market report: Los Altos Hills real estate market report for September 2011 - 09/10/11 11:45 AM
Real estate sales in Los Altos Hills have done extremely well in 2011 and that continued in August even with the average sales price (ASP) dropping to $1,870,000 from about $2.6 million in July. This is substantially below the ASP in August 2010 at $2.7 million. Part of what drove the sharp price drop was the sale of several low priced properties. The high-end market has cooled off but there are active buyers looking in the $4-15 million range. The hottest market segment is in the $2-3 million range.There were 14 homes sold in August compared to 9 sold in 2010. (5 comments)
los altos hills real estate market report: Los Altos Hills Real Estate Report - January 2011 - 02/10/11 03:47 PM
The Los Altos Hills real estate market has started 2011 off with a bang! Prices are showing strength with fewer new homes lower inventory, and all with the same number of homes sold. While a single month does not make a trend, the fact that there are newer, larger homes being sold in Los Altos Hills at higher prices bodes well for a higher price-per-square foot. The weakest part of the Los Altos Hills market in recent years has been new construction which is eaither not selling or selling at very low price-per-square-foot levels. Inventory is lower than the same period (0 comments)
los altos hills real estate market report: October Market Report - Los Altos Hills Real Estate - 11/08/10 02:55 PM
October was a mixed month for the Los Altos Hills real estate market. As I said in my preliminary report, the sale of one $8 million home has skewed some of the value. That's most evident in the percentage of listing price received. That was down to 88% in October 2010, down from 95% a year ago. The median and average sales prices were $2,150,000 and $3,012,000 respectively. Last year, those figures in Los Altos Hills were $2,435,000 and $2,545,000. So, the average is up (due to the one large sale) but the median is down. Median has little meaning for (0 comments)
Bryan Robertson, Real estate broker Los Altos & Silicon Valley Luxury Homes
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.