The number of sellers reducing prices in the Los Altos Hills market trended up to nine over the last 30 days, extending a three-week streak. During the same period, 12 sales were completed. While the number of price reductions trended higher, months of inventory is on a four-week downward trend, this week hitting two months. With inventory so low in Los Altos Hills, it's still a strong seller's market, even after taking into consideration the decrease in sales.
For a potentially great deal, make sure you look at these listings that had large price cuts in Los Altos Hills: