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los altos market updates: January 2009 Single Family Home Sales Statistics For Los Altos, California - 03/04/09 02:41 PM
Los Altos single family home sales were down in January 2009.  However, given the state of home financing and consumer confidence, I expected the numbers to be even worse.  Below is an 11 year history of Los Altos single family homes that have sold in the month of January.    
A quick calculation shows that the eleven year average for home sales in January is 18, new listings is 35 and inventory is 52.  In January 2009, we were at 7 sales, 41 new listings and 76 homes in inventory.   The trend of fewer sales and more inventory continues...

The chart below shows the average and … (2 comments)

 

David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro

Los Altos, CA

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Coldwell Banker - Downtown Los Altos Office

Address: 161 S. San Antonio Road, Los Altos, CA, 94022

Office Phone: (650) 917-4250

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