Los Altos Home Prices Break Two Million Mark for a Modest Home

Located between Apple, Google, Facebook and Tesla and just a short drive to Stanford University, Los Altos is central to many of today's growing companies that turned founders and employees into recent millionaires.  With some of the top schools in the country, Los Altos is a prime target for young tech titans looking to diversify their stock holdings and settle down to raise a family or just live in a town with a low crime rate.

This house on 914 Mercedes Ave is a short walk to highly rated Santa Rita Elementary (942 API score) and Egan intermediate (984 API Score) schools.

Historical Mortgage Rates

Is this the top of another bubble or have towns with good schools and large lots in the Silicon Valley joined the ranks of world class locations like London, New York, Paris, etc. as places people want to live and those with money will keep the prices going up?