Los Altos Home Prices for August 2014

The median single-family home price for Los Altos California as of August 2014 is $2,250,000 a gain of 2% over August 2013 when it was $2,204,000.

The average Los Altos home sold for 5.7% above the asking price!

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 and larger lots for the money when compared to Palo Alto on its Northern border.

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Historical Mortgage Rates

August2014 Los Altos Sales Summary

The three portfolios in Kirk Lindstrom's Investment Letter are again near record all time highs.  

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Los Altos real estate data courtesy of Alain Pinel realtors Jeff Stricker (jstricker@apr.com) and Steve Tenbroeck (stenbroeck@apr.com)