Los Altos Housing Market Report – July 2026
Here's a look at how the Los Altos, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 39
- Median Sale Price: $4,410,000
- Average Sale Price: $4,757,919
- Average Price Per Sq Ft: $1,769
- Average Days on Market: 69
- Sale-to-List Price Ratio: 104.1%
Month-Over-Month Trends
Compared to June, the median sale price in Los Altos moved 3.1% down (from $4,550,000 to $4,410,000). The number of homes sold was 2.5% down compared to the prior month (40 vs. 39). Average days on market shifted 56.8% up (44 days to 69 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 11.0% up (from $3,974,000 to $4,410,000). Sales volume is 50.0% up year-over-year.
What This Means
Los Altos continues to show resilience despite some notable shifts in this month's activity. While sales volume dipped slightly to 39 homes and the median price pulled back 3.1% from June, the year-over-year picture remains solidly positive with prices up 11% and double the sales volume compared to July 2025. This suggests the data collection improvements we've seen since April are giving us a clearer baseline—the market hasn't fundamentally cooled, but rather seasonal summer slowdown appears to be setting in as we move through peak heat.
The biggest concern is the 56% jump in days on market, climbing from 44 to 69 days. This is the stickiest metric in the data and signals that even premium Los Altos homes are taking notably longer to move off the market. Buyers are being more deliberate, likely influenced by persistent mortgage rates that remain elevated by historical standards. That said, the 104.1% sale-to-list ratio tells us homes are still commanding strong prices when they do sell—buyers aren't renegotiating heavily, they're just taking their time deciding.
With 53 active listings on the market and asking prices sitting 5% below the median recent sale price, there's reasonable inventory by Los Altos standards. Expect conditions to remain measured through late summer rather than fast-paced.
Los Altos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94022 | 20 | $3,600,000 | $1,721 | 83 |
| 94024 | 19 | $4,750,000 | $1,817 | 53 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 28 | $4,825,159 | $1,934 |
| CONDOS | 6 | $1,360,000 | $1,417 |
| TOWNHOMES | 3 | $1,788,000 | $1,256 |
| MULTI_FAMILY | 1 | $3,400,000 | $813 |
| OTHER | 1 | $3,800,500 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 39 |
Current Active Listings
As of this report, there are 53 active listings in Los Altos with a median asking price of $4,188,000 and an average of 58 days on market.
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