Los Altos Housing Market Report – June 2026
Here's a look at how the Los Altos, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 40
- Median Sale Price: $4,550,000
- Average Sale Price: $4,769,518
- Average Price Per Sq Ft: $2,070
- Average Days on Market: 44
- Sale-to-List Price Ratio: 104.7%
Month-Over-Month Trends
Compared to May, the median sale price in Los Altos moved 7.3% up (from $4,240,000 to $4,550,000). The number of homes sold was 0.0% down compared to the prior month (40 vs. 40). Average days on market shifted 0.0% down (44 days to 44 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 5.0% up (from $4,335,000 to $4,550,000). Sales volume is 23.1% down year-over-year.
What This Means
Los Altos continues to demonstrate resilience in the ultra-luxury market, with June bringing a notable 7.3 percent month-over-month jump in median price to $4.55 million. Homes are selling above asking—at 104.7 percent of list price—and moving reasonably quickly at 44 days on market, suggesting sustained buyer demand in this exclusive pocket of Silicon Valley. The year-over-year 5 percent price appreciation, though more modest than the recent monthly gains, confirms that Los Altos remains a trophy destination for high-net-worth buyers despite broader economic headwinds.
The sales volume decline of 23.1 percent year-over-year deserves context: earlier data collection issues mean this comparison may not be apples-to-apples. What matters more is that the market is maintaining consistent monthly velocity at 40 homes sold, paired with strong pricing power. However, the inventory situation tells a cautionary tale. With 52 active listings but a median asking price of $3.55 million—notably below the actual sales median—there's a widening gap between seller expectations and market reality. Homes are lingering for 58 days before sale, suggesting that overpriced inventory may be creating friction even in this rarified market.
Los Altos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94022 | 22 | $4,475,000 | $1,928 | 48 |
| 94024 | 18 | $4,865,000 | $2,245 | 38 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 33 | $4,750,000 | $2,162 |
| TOWNHOMES | 3 | $1,829,000 | $1,434 |
| CONDOS | 2 | $2,780,000 | $1,509 |
| OTHER | 2 | $5,411,500 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 40 |
Current Active Listings
As of this report, there are 52 active listings in Los Altos with a median asking price of $3,550,000 and an average of 58 days on market.
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