In this week's report, the number of homes sold in the Los Altos market slid to 20 over the past 30 days. It marked a decrease of 51.2% from last week's report and a fall below the monthly average. Within the same time frame, San Jose had 645 sales, the most of all cities in the area. The median sales price climbed to $2,245,000, up from last week's $1,895,000. There is only one month of inventory available in Los Altos, so it's a solid seller's market, even with the decrease in sales.
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