LOS ALTOS HILLS SINGLE-FAMILY HOMES
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RECAP OF 1st QUARTER 2026
- Average and median prices down
- Only one ultra high-end sale at $18+ million
- 5 sales between $6.1 million and $8.3 million
- 41% sold over list price
NUMBER OF SALES
There were just 17 sales reported through the Multiple Listing Service in the 1st quarter. This compares to 16 sales in the 1st quarter of last year and just 14 sales in the same quarter in 2024. The number of sales is directly related to the limited number of new listings. However, the number of new listings did increase in March to 21, the highest number since March of 2025 when it was 23. It is important to note that last year also started with a low number of sales in the 1st quarter and then went on to have a far greater number in each of the remaining 3 quarters.
PRICES
The average price in the 1st quarter was $6,004,824 – a 4% decline compared to last year. The median price was also down 4% to $5,300,000. Prices ranged from $3.85 million to $18.15 million. The price per square foot was down less than 1% to $1,613.
7 homes, or 41%, sold for more than list price; all others sold for less than list price. Only 3 homes sold for less than $4 million and no homes sold for less than $3.8 million.
LENGTH OF TIME TO SELL
8 homes, or almost half, sold in 14 days or less. The median days on market in the 1st quarter was 15, 36% higher than last year’s median days of 11. The average days on market in the 1st quarter was 35, as there were 2 homes that took longer than 100 days to sell.
OUTLOOK
As we reported to you at the beginning of the year in our annual report (find it on the Market Data tab at troyercabot.com), we anticipated continued demand in 2026. We still see demand for this highly desirable area, however the stats were influenced by the noticeable volatility in the financial markets and meaningful swings driven by geopolitical events, energy shocks, and shifting economic expectations. As a result, it’s too early to determine how this may affect our local market going forward. Real estate in Los Altos Hills remains highly sought-after, and limited inventory continues to support strong pricing. Buyers may become more cautious, but the fundamentals of the local market – top schools, a thriving community, and proximity to major tech employers – remain key drivers of demand.
With only 18 homes listed for sale (plus 10 being discreetly marketed), this is an exceptional opportunity to entrust your property sale to the Troyer & Cabot Group. Our team boasts a proven track record in preparing homes for sale and an unwavering commitment to securing expected prices or exceeding them. We encourage you to get in touch with us now to review your individual circumstances – as a seller or a buyer. There is never any obligation.