Should I sell my Los Altos house as-is or fix it up first?
Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.
Newer homes dominate Los Altos. Only two of the seven homes in our sample were built in 1980 or earlier, so an older house stands out, and buyers will set it against move-in-ready neighbors. Older homes there hold more of their value against new construction than the California median, 34.9 percent against 29.5 percent.
What does it cost to sell a house in Los Altos?
On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.
Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.
Line by line in How Much Does It Cost to Sell a House?
What are the benefits of selling my Los Altos house off-market?
Discretion, no preparation and control of the calendar.
- No listing. Your home never goes on the MLS or the listing sites, and there are no open houses or showings to strangers.
- Sell it as it is. No repairs, staging or deep cleaning before you sell.
- Your timeline. Choose the closing date that works for you, whether that is a few weeks out or a few months.
- One buyer, one conversation. You deal directly with the buyer, not a string of showings, counteroffers and second rounds.
What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.
Is now a good time to sell my house in Los Altos?
It depends more on your plans than on the market. The right time is usually when a sale fits your next move, your finances and the state of the house.
To read the market in Los Altos, look at how long homes like yours take to go under contract and what they actually sold for in the last few months, not at asking prices.
How fast can I sell my house in Los Altos?
Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents California requires are done.
A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.
If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?
How does selling my Los Altos house off-market work?
In four steps, with no listing and no showings.
- Send us the address and a few details through the offer form, or get in touch.
- A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
- We send a written offer. You are under no obligation to accept it.
- If you do, the closing is handled by a title company or closing attorney, on your date.
Before you sign anything, we tell you in writing who the buyer is.
What if my Los Altos house isn’t selling?
Look at price, condition and exposure, in that order. Few showings usually mean price, and showings without offers usually mean condition.
Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?
How do I sell an inherited house in Los Altos?
Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.
Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in California can explain the rest. More in How Do I Sell a House I Inherited?
How does Los Altos compare with nearby neighborhoods?
Palo Alto, 3 miles away, counts one older home among the nine we sampled. Los Altos, 3 miles away, shows three older homes among the 12 we sampled. Portola Valley, 5 miles away, has one older home among the three we sampled. Los Altos ranks tied for 443rd nationally for older homes, behind one of them.
Every neighborhood in the index has its own page, and the California page lists all 177 in the state.
Do older homes in Los Altos sell for less than new construction?
In our sample, yes. The average price of older homes in 94022 was 34.9 percent of the average price of new construction in the same ZIP code. The California median is 29.5 percent, and the index median is 23.1 percent. With two older homes behind it, treat the figure as a rough guide.
The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.
Los Altos by the numbers
Of the seven homes in the Address District sample for Los Altos (94022), two were built in 1980 or earlier, a share of 28.6 percent. That places 94022 tied for 443rd of 1,192 ZIP codes nationally for the number of older homes, and tied for 50th of 177 in California.
Across the 177 California ZIP codes in the index, 39.9 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.
With seven homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.
How 94022 compares
Share of older homes
Homes in the sample built in 1980 or earlier
Older home prices against new construction
Average older home price as a share of new construction
Nearby neighborhoods in the index
| ZIP | Place | Distance | Rank | Share |
|---|---|---|---|---|
| 94306 | Palo AltoSanta Clara County, CA | 3 mi | 651 | 11.1% |
| 94024 | Los AltosSanta Clara County, CA | 3 mi | 306 | 25.0% |
| 94028 | Portola ValleySan Mateo County, CA | 5 mi | 707 | 33.3% |
| 94025 | Menlo ParkSan Mateo County, CA | 5 mi | 139 | 18.2% |
| 94303 | Palo AltoSan Mateo County, CA | 6 mi | 665 | 16.7% |
| 95014 | CupertinoSanta Clara County, CA | 6 mi | 428 | 18.2% |
| 94027 | AthertonSan Mateo County, CA | 7 mi | 312 | 33.3% |
| 94061 | Redwood CitySan Mateo County, CA | 8 mi | 641 | 9.1% |
The top of California
| State rank | ZIP | Place | Homes | Older homes | Share |
|---|---|---|---|---|---|
| 1 | 96161 | TruckeeNevada County, CA | 40 | 37 | 92.5% |
| 2 | 95404 | Santa RosaSonoma County, CA | 18 | 16 | 88.9% |
| 3 | 90266 | Manhattan BeachManhattan Beach, CA | 31 | 10 | 32.3% |
| 4 | 92253 | La QuintaRiverside County, CA | 12 | 9 | 75.0% |
| 5 | 90049 | BrentwoodLos Angeles, CA | 17 | 8 | 47.1% |
| 6 | 91604 | Studio CityLos Angeles County, CA | 23 | 7 | 30.4% |
| 7 | 94025 | Menlo ParkSan Mateo County, CA | 33 | 6 | 18.2% |
| 8 | 90066 | Mar VistaLos Angeles, CA | 31 | 6 | 19.4% |
| 9 | 94010 | BurlingameSan Mateo County, CA | 17 | 6 | 35.3% |
| 10 | 92660 | Eastbluff / Dover Shores / Newport CenterNewport Beach, CA | 16 | 6 | 37.5% |
All 177 California ZIP codes in the index ›
About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.