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Although several higher-priced Silicon Valley cities show slightly slower house price increases than the Silicon Valley average price, Los Altos house prices have tracked it fairly closely for 12 years.
Learn more about Los Altos real estate.
The Los Altos Hills average size of houses sold reached an all-time quarterly high on Aug 18, 2023.
However, the average size of Los Altos homes sold was at the lower side of recent trends.
What makes this catch our attention is that the average house size for eight San Mateo County cities (Foster City, Menlo Park, Millbrae, Pacifica, Portola Valley, San Carlos, San Mateo, and Woodside) and for Palo Alto spiked upward to their highest-ever quarterly values. The trend was so broad that the San Mateo County average size of houses sold also reached an all-time high.
Although no reason is known for the spike in the average size of houses sold in San Mateo County, it appears that Los Altos and Los Altos Hills are probably not similarly affected. Learn more about Los Altos real estate.