Los Altos townhouse prices have mirrored those of Los Altos houses since around 2013 but they have more quarter to quarter volatility. During the dot-com bubble in 2000, house prices surged significantly higher than townhouse prices, but they narrowed back to a similar margin by 2002. However, during the subprime mortgage crisis in 2008, townhouse prices took a earlier hit compared to house prices. By the conclusion of 2012, townhouse prices had rebounded to their previous relative ratio. Since 2013, this price ratio has remained relatively stable.
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