Los Altos Housing Market Report – March 2026

By Jessica

Here's a look at how the Los Altos, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 36
  • Median Sale Price: $4,300,000
  • Average Sale Price: $4,045,194
  • Average Price Per Sq Ft: $2,084
  • Average Days on Market: 43
  • Sale-to-List Price Ratio: 104.3%

Month-Over-Month Trends

Compared to February, the median sale price in Los Altos moved 21.8% down (from $5,500,000 to $4,300,000). The number of homes sold was 89.5% up compared to the prior month (19 vs. 36). Average days on market shifted 38.7% up (31 days to 43 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 20.4% down (from $5,400,000 to $4,300,000). Sales volume is 9.1% up year-over-year.

What This Means

Los Altos is showing some intriguing mixed signals this March. On one hand, transaction activity jumped dramatically—sales doubled from last month and are up nearly 10 percent year-over-year. That's the kind of spring market momentum you'd expect as weather improves and buyers emerge from winter hibernation. But here's the catch: median prices have dropped sharply, falling nearly 22 percent month-over-month and 20 percent annually. This suggests the volume spike isn't coming from a feeding frenzy of ultra-premium sales, but rather from a broader mix of properties moving through the pipeline, likely at lower price points than we saw last year.

The market is still favoring sellers overall—homes are fetching 104 percent of list price and spending 43 days on market remains reasonable for this ultra-competitive area. However, the uptick in days on market compared to last month hints that properties are sitting slightly longer, and with 55 active listings now available, buyers actually have some breathing room. The inventory-to-sales ratio suggests this is becoming less of a pure seller's market. Interest rates and economic uncertainty may be tempering high-end buyer enthusiasm, even in Los Altos, while moderately priced inventory continues to attract activity.

Los Altos Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
94024 20 $4,375,000 $2,140 27
94022 16 $3,425,000 $2,009 63

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 28 $4,722,500 $2,293
CONDOS 4 $1,031,000 $1,001
TOWNHOMES 3 $1,980,000 $1,579
LAND 1 $500,000 N/A

Sales by Price Range

Price Range Homes Sold
$500K - $749K 2
$750K+ 34

Current Active Listings

As of this report, there are 55 active listings in Los Altos with a median asking price of $3,988,800 and an average of 50 days on market.

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