What is the current Real Estate market in Los Altos California? If we compare from July 2009 to July 2010, you will find some interesting changes:

 1). The home inventory has gone down from last year’s 99 to this year 79 but the numbers of sold homes has gone up from last year`s 30 to 39 this year.

 2.) The average Los Altos home sales price is lower. In July 2010 sales price is $1,628,597 vs last July’s $1,753,822 the median sales of July 2010 is $1,480,000 which has gone down from last July’s $1,539,500.

3.) Last July took average 58 days to sell a home however this year will need 38 days to sell a home.

 This real estate trend is the same as last month. In the July of 2010 there are 20% less home inventory but 30% more the Los Altos homes get sold. The average Los Altos sales price decreased 7 % and the Los Altos median price homes has decreased 4% from last July to this July.

The above data information came from the www.reil.com.

If you or someone you know is thinking of buying or selling home in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because my team and I will make the transaction as pleasant and as stress free as such transactions can be. You can start it by emailing me GraceKeng1@gmail.com