Los Altos Hills Real Estate Highest Price in Santa Clara County

Santa Clara County real estate showed gains across the board in numbers very similar to San Mateo County.  The key number to note is that the average price of a home was up in 2012 by 12% to an average of $839,000.  The biggest jump in prices came from the city of Monte Sereno where home prices were up 18% to an average of $2.031,000.  Los Altos Hills took the prize for highest average sale price with a whopping $3,077,000.

 

Santa Clara County	2011	2012	% Change
Number of Sales	11,094	11,974	8%
Average Price ($000)	$747	$839	12%
Average DOM	72	51	-29%
Months of Inventory	0.1	0.0	-100%

 

Los Altos	2011	2012	% Change
Number of Sales	307	365	19%
Average Price ($000)	$1,778	$1,979	11%
Average DOM	39	31	-21%
Months of Inventory	0.1	0.0	-100%

Los Altos Hills 2011 2012 % Change Number of Sales 100 112 12% Average Price ($000) $2,694 $3,077 14% Average DOM 84 81 -4% Months of Inventory 0.3 0.2 -33%

Los Gatos 2011 2012 % Change Number of Sales 331 374 13% Average Price ($000) $1,386 $1,539 11% Average DOM 77 52 -32% Months of Inventory 0.2 0.1 -50%

Los Gatos Mountains 2011 2012 % Change Number of Sales 88 101 15% Average Price ($000) $664 $766 15% Average DOM 141 115 -18% Months of Inventory 0.4 0.2 -50%

Monte Sereno 2011 2012 % Change Number of Sales 25 32 28% Average Price ($000) $1,723 $2,031 18% Average DOM 104 91 -13% Months of Inventory 0.3 0.1 -67%

Mountain View 2011 2012 % Change Number of Sales 283 324 14% Average Price ($000) $1,003 $1,128 13% Average DOM 38 22 -42% Months of Inventory 0.1 0.0 -100%

 

Palo Alto	2011	2012	% Change
Number of Sales	451	475	5%
Average Price ($000)	$1,758	$2,019	15%
Average DOM	32	23	-28%
Months of Inventory	0.0	0.0	#DIV/0!

 

Saratoga	2011	2012	% Change
Number of Sales	274	376	37%
Average Price ($000)	$1,650	$1,770	7%
Average DOM	69	66	-4%
Months of Inventory	0.2	0.1	-50%