July 2025 Real Estate Market Update: Los Altos, Los Altos Hills & Palo Alto Homes
The summer market in Los Altos, Los Altos Hills, and Palo Alto is proving that Silicon Valley real estate is still in high demand, especially for single-family homes.
In Los Altos, 20 homes sold in July with an average price of $4.36M and a median of $4.07M. Homes moved in just 20 days on average and sellers received 105% of asking price. At $1,820 per square foot, buyers are clearly willing to pay a premium for award-winning schools, a tight-knit community, and unbeatable proximity to tech hubs.
Los Altos Hills saw 7 sales, with an impressive average price of $7.19M and a median of $4.8M. Properties sold in just 15 days, averaging 102% of list price and $1,555 per square foot. With sprawling estates and unmatched privacy, the luxury market here remains exceptionally strong.
In Palo Alto, 29 homes closed in July with an average price of $5.57M and a median of $4.3M. Homes sold in 22 days on average and achieved 106% of list price, with price per square foot soaring to $1,904, one of the highest in the county. Exceptional schools, vibrant neighborhoods, and its tech epicenter location keep demand consistently fierce.
Bottom line: Low inventory, fast-moving deals, and above-list-price sales are defining this summer’s market. Sellers are in a prime position, while buyers are competing hard to secure their spot in these sought-after communities.
📞 Thinking of buying or selling in Los Altos, Los Altos Hills, or Palo Alto?
Lisa M. Lum
Coldwell Banker Realty
(650) 668-1868
lisa.lum@cbrealty.com