In terms of single family homes (Class 1 listings) in Los Altos last month, we saw 32 new listings and 39 closings with an average of 38 days on market (DOM). The median sales price was $1,480,000 with a total sales volume of $63,515,313 for single family homes in the city.

To see more market stats for both single family homes and townhomes/condominiums in Los Altos, as well as other Silicon Valley cities, check out my Market Update for July 2010 by clicking here.