LOS ALTOS HILLS SINGLE-FAMILY HOMES
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RECAP OF 1st Half 2026
- Prices adjust by 1%; average up, median down
- High end strong with 5 sales between
$10.7 million and $18.1 million - 37% sold over list price
- Half sold in 2 weeks or less
NUMBER OF SALES
There were 51 sales in the 1st half, with only 17 in the 1st quarter, as reported through the Multiple Listing Service. The 1st half sales of 51 compares to 47 sales in the 1st half of 2025 and 33 in the 1st half of 2024. The number of new listings was down 10% compared to the same period last yeatr.
PRICES
The average price was $6,326,868, a 1.5% increase over last year and a new record high. The median price was down a slight 1% to $5,462,000 compared to last year.
Contributing to the increase in average price was the high end of the market, which was strong with 5 sales between $10.7 million and $18.1 million. There were an additional 5 sales between $8 million and $10 million; there were no sales for less than $3.2 million. 37% of the sales were for more than list price. This compares to 55% in the 1st quarter.
The price per square foot in the 1st half was $1,589; this compares to $1,620 in the 1st half of last year.
LENGTH OF TIME TO SELL
Half of the homes sold in 2 weeks or less, however, 20, or 39%, took longer than 30 days to sell.
OUTLOOK
As outlined in our Market Outlook at the beginning of the year and again in our 1st Quarter Report (both available on the Market Data tab at troyercabot.com), continued buyer demand was anticipated throughout 2026, and that is exactly what has unfolded. The limited supply of available homes has remained the defining characteristic of the market, and there is little indication that inventory will increase significantly during the second half of the year.
With the continued strength of the stock market and the anticipated IPOs of several AI-related companies, buyer confidence is expected to remain strong. Financial market fluctuations and geopolitical events could still create periods of uncertainty, but the underlying fundamentals that have long supported the Los Altos Hills market remain firmly in place. Exceptional schools, generous lot sizes, proximity to many of the world’s leading technology companies, and a limited supply of homes continue to drive demand and support home values.
With just 14 homes currently available for sale, plus another 10 being marketed privately, conditions continue to favor sellers. If you are considering a move, this is an excellent time to explore your available opportunities. The Troyer & Cabot Group has a long history of efficiently preparing homes for market, positioning them to achieve exceptional results, and guiding clients through every step of the process. Please contact us to schedule a confidential consultation, without obligation, to learn what today’s market could mean for you.