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2016 Los Altos Hills Real Estate Review

To be a specialist in Los Altos Hills, you need to have a thorough understanding of market data and trends. The Troyer Group provides that information to homeowners every year, with quarterly updates throughout the year.

The most comprehensive report for Los Altos Hills real estate is now available. Click here to read the entire report. Please contact David Troyer with questions and/or for a personal market analysis for your Los Altos Hills home.

RECAP OF 2016 – Los Altos Hills

The median price reached a record high for the fifth year in a row increasing 5% to $3,800,000. The average price, while not a new record, matched the record high average set in 2015. The length of time to sell a home increased from the record low set in 2015, and was still a respectable 22 days. Also notable in 2016, and an indicator of the continuing strong demand for homes here, was the fact that 24% of the homes sold for more than original list price. However, it is important to note that in 2015, 53% of the homes sold for more than original list price so there is clearly a shift occurring.