Los Altos continues to be a choice for those who want high end properties in an exclusive area. Large open space, properties with views, and good schools make Los Altos neighborhoods very desirable.
Forbes has placed Los Altos on their list as one of the most expensive ZIP codes in the United States.
Looking at 3 bedroom 2 bath homes that sold from 2005 to Augut 2016, Los Altos saw extremely strong price increases from 2010 matching the price increases in Palo Alto.
Some of the reasons for the increases:
- Strong bay area economy
- Limited inventory of homes for sale
- Low interest rate. The interest rate recently declined to 3.44%.