LOS ALTOS HILLS SINGLE-FAMILY HOMES
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RECAP OF 3rd Quarter 2026
- Record-setting price of $30 million
- Average price in Q3 up 28%
compared to 2025 - Average price Q3 YTD up 10%
compared to 2025 - 4 sales over $10 million in Q3
- Only 29% sold over list price in Q3
NUMBER OF SALES
There were 28 sales in the 3rd quarter, 35 sales in the 2nd quarter, and 17 sales in the 1st quarter. This total of 80 sales through the 3rd quarter is the exact same number of sales in the same period last year.
PRICES
Prices in the 3rd quarter were remarkably strong. This was particularly influenced by an all-time record-breaking sale for $30 million. As a result, the average price in the 3rd quarter rose sharply to $8,058,707. The median price in the 3rd quarter – a truer indication of values – was $6,625,000, which represented a 21% increase compared to all of last year.
Year-to-date through the 3rd quarter, the average price of $6,920,863 compared to all of last year was up 10%. The median price of $5,609,000 was up 2%.
In the 3rd quarter, there were 4 homes sold for more than $10 million, 13 homes for $7 million or more, and only 1 home that sold for less than $4 million. Of the 28 sales, 8, or 29%, sold for more than list price, including the second-most expensive sale in the quarter.
The average price per square foot in the 3rd quarter was $1,688 – a 7% increase from last year when it was $1,573. Through the 3rd quarter, the average price of $1,651 was up 2% compared to last year.
LENGTH OF TIME TO SELL
Homes sold in an average of 31 days in the 3rd quarter with just 39% of the sales occurring in 2 weeks or less. The median days on market was 21. There were 6 sales that took 2 months or longer.
OUTLOOK
As outlined in our Market Outlook at the beginning of the year and again in our 1st Half 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 before the end of the year.
Steady demand, limited inventory, and strong buyer confidence continue to define the local market. With the continued strength of the stock market and the anticipated IPOs of several AI-related companies, buyer confidence is expected to remain strong.
With just 17 homes currently available for sale, plus another 4 being marketed privately, conditions continue to favor sellers. If you are considering a move, this is an excellent time to explore your available opportunities. 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.