Los Altos is probably one of the best places to live in the Bay Area - if you can afford it. The Silicon Valley Real Estate Report has a nice blurb on Los Altos. Interestingly, amongst 10,611 residential units: 9,386 single-family homes, 346 attached homes and 876 multiples there are exactly 3 mobile homes. Downtown is quite charming and the schools first class. Los Altos Online has a lot more information, including a list of realtors. As an update to the previous post, according to a California Associaton of Realtors press release, "the 10 cities and communities with the highest median home prices in California during the first quarter of 2004 were: Manhattan Beach, $1,292,0000; Los Altos, $1,257,360; Beverly Hills, $1,250,000; Malibu, $1,112,500; Burlingame, $1,100,000; Palos Verdes Estates, $1,090,000; Laguna Beach, $1,087,500; Calabasas, $1,050,000; San Marino, $990,000; Orinda, $963,500." Where's Palo Alto? Only $792,000. The full report, from Q1 2004, is available here. A comparison from Q1 2003 is also present. Most interesting? Los Gatos. The median sales price went from $669,000.00 to $927,000.00 (~39%).
Posted by torque at May 21, 2004 3:20 PM | TrackBack