Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Los Altos Hills, California

Los Altos Hills

Los Altos Hills Area Profile

Incorporated in 1956, the Town of Los Altos Hills is a premier Silicon Valley residential community located adjacent to the City of Los Altos, 35 miles south of San Francisco, 5 miles south of Stanford University and 17 miles north of downtown San Jose.

Demographics: 

Business and Economy:

City Government:

The town of Los Altos Hills is governed by a city council comprised of 5 members. The government itself is managed by a City Manager.

City Website

Things to Do in and around Los Altos Hills

GOLF:

Boating:

Other:

Hiking:

Parks and Rec:

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Cycling

Cycling opportunities abound in and around Los Altos Hills.

Mountain Biking

This area is Under Construction

Theater, Concerts, and Museums in and around Los Altos Hills

Area Theater and Concert Venues and Organizations:

  • TheatreWorks, a nationally-acclaimed group that draws from throughout the Peninsula and Silicon Valley.
  • Palo Alto Players, a popular community theater group that was the Peninsula’s first theater group when formed in 1931, offers a regular schedule of plays at the Lucie Stern Community Center in Palo Alto.
  • The much-loved Palo Alto Children’s Theatre has it’s own dedicated stage at the community center and has ignited the acting passion of many local children. Check the calendar for other theater, music and dance offerings in Palo Alto and at Stanford.
  • Shoreline Amphitheater: 1 Amphitheatre Pkwy, Mountain View, CA 94043-1326

Area Galleries and Museums:

Dining and Shopping in and around Los Altos Hills

Places to Eat:

  • Cetrella: Refined, relaxed Californian-Mediterranean eatery & patio for steak, seafood & house-made pastas. 400 Main St, Los Altos, CA 94022  (650) 948-0400
  • Aldo Los Altos: Cozy trattoria serves creative Italian fare & small plates in a casual space with a welcoming vibe. 388 Main St, Los Altos, CA 94022 (650) 949-2300
  • Urfa Bistro: Compact, comfy option whipping up classic Mediterranean entrees, along with salads & wraps. 233 State St, Los Altos, CA 94022  (650) 397-5614

Places to Shop:

  • Stanford Shopping Center: premier open-air shopping and dining destination with more than 140 world-class shops and restaurants; 660 Stanford Shopping Center, Palo Alto, CA 94304
  • Town & Country Village: more than 70 shops an restaurants, 855 El Camino Real, Palo Alto, CA 94301

Education Opportunities

K-12 Schools Serving Los Altos Hills

Public schools include links to ratings on Greatschools.org; private schools include links to their website.

Higher Education

Los Altos Hills Real Estate Market

Los Altos Hills Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows the average sales price of homes in Los Altos Hills over the past 12 months. Average sales prices have held reasonably consistent around $4,000,000 to $5,200,000. Sales to list price ratio, represented by the red line, varied from list down to 6% below list with a peak in October at 4% above. Assessing trends from these values is challenging simply because of the few number of sales represented here.

Los Altos Hills Sales by Price Range for the past 6 months
Los Altos Hills Real Estate: Sales by price range for the past 12 months

The two graphs above show sales in Los Altos Hills by price range over the past six months, on the left, and the past 12 months on the right. The total sales in the past 6 months represent a third of the 12-month period. Note that in the past 12 months, the majority of homes sold were at or under $5,000,000 whereas recently, the majority have been at or ABOVE $5,000,000. This may indicate an upward price shift, or it may simply be that buyers finally found the properties – see the average days to sell in the next section.

Los Altos Hills Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. In general, however, the Loas Altos Hills market is unlike the general Silicon Valley market in that homes tend to spend much more time on the market while agents work to get the property in front of discerning buyers. This is especially true in the $10M and up range, which comprises 2/3 of the Los Altos Hills market.

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home.

In Los Altos Hills, the average time on market for homes at $5,000,000 or less is 2-6 weeks, remarkably shorter than most areas of Silicon Valley for the same period. Above $5,000,000, sales take significantly longer on average as agents wait for the right buyer to come along. These agents are apparently not employing marketing techniques to actively seek out the most likely buyers for these properties.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the sellers in much of Silicon Valley, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. In the Los Altos Hills, however, buyers are more discerning. They will look in the price range they desire, and perhaps more, and seek out the home that best meets their needs. It is still important not to price too high, but here we tend to price at or just above market.

In Los Altos Hills, sales run between 2.5% to 6% below list, whereas a year ago, sales below $5,000,000 average about 4% above list.

Los Altos Hills Real Estate: 6-month Average Sale Price to List Price Ratio by Price Range

Help me with Los Altos Hills Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.