This photo is my Los Altos listing - 1456 Ranchita Court Los Altos asking 1.468 Millions and was sold in May 2009. 
 
What is the current Los Altos Calif  Real Estate market? If we compare from May 2008 to May 2009, you will find some interesting changes:

1). Home inventory rose up from from last year’s 78 to this year 124.  The numbers of sold homes has dropped from last year 41 to 22 this year.

2.) The average Los Altos home sales price is lower.  This May sales price is $1,560.373 vs last May’s ’ $1,980.409 The median sales of May 2009 is $1.500,000 which is a drop from last May’s $1,738,888.

3.) Last May took average 27 days to sell a home however this year will need 61 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 58.9% more home inventory and 46.3% less the Los Altos homes get sold.  The average Los Altos sales price dropped 21.2% and the Los Altos median price homes dropped 13.7% from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers  need a good realtor to help them. If you or someone you know is thinking of buying or selling property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because I offer a free 45 min. consultation to cover an over all  current real estate market. You can email me GraceKeng1@gmail.com