Los Altos Home Sales Report For August 2013
By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
The Los Altos home sales report for August 2013 reflects the improved market throughout Silicon Valley and consistently strong demand for Los Altos housing, both single family homes and condos. Homes priced below $5M are moving briskly and prices are expected to remain stable or improve through the end of the year. Of the 45 homes that closed escrow in August (up from 41 in July), 21 sold in less than 30 days and 7 sold in more than 60 days. September 1st Los Altos Market Snapshot: Homes active on the market: 28 (click to view > Los Altos homes for sale) Short sale/REO homes for sale: 0/0 Price range of active listings: $799,000 - $12,998,000 Homes now in escrow: 20 (down from 35 on August 1st) Contact Us for more information regarding this Los Altos home sales report for August 2013 ...
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