Los Altos real estate market overview
- Average Monthly Rent: $3,051
- Home Price/Value Percentage Change: -5.00%
- Median Home Value: $3,019,948
- Best Time To Sell a Home: March
- Affordability Index: 146
- Days To Sell a House: 59
- Job Market: Fair
- Public School Ranking: 38
Location and weather
Los Altos is a town of rolling hills, scenic valleys and an unusual pathway system which is 80 miles of beautiful trails and off-road paths that meander around and connects most of the community. The town is dedicated to the preservation of a "residential-agricultural" lifestyle, which is shown in gracious homes, vast open lands, rolling hills, spectacular views of the South and East Bay communities, and a uniquely rural atmosphere.
In Los Altos, the summers are long, mild and dry and the winters are short, cold and wet. The average summer high temperature is in the mid-70's with lows in the low 60's. The winter high temperature is in the low 60's with low temperatures in the 40's.
Population, job market and cost of living
Los Altos' population in 2019 was 30,531 with a growth rate of -.51%.
The job growth has increased by 2.54% over last year. Ten-year future predicted job growth is 38.09%. The major industries are Management, Business, Science and Art. The major employers are the David and Lucile Packard Foundation, Gauss Surgical and Afero.
The cost of living is high due to the Los Altos real estate market and high cost of available housing. With scenic views and vast open lands, 80 miles of trails, a rural atmosphere, mild climate, good job growth and diversified industries, Los Altos will continue to attract those who want to live and work in this unique community.
Los Altos real estate market details
- Summerhill Ct/Summerhill Ave
- Foothill Expy/Main St