Mary & Clair's Market Report
Los Gatos, CA
Condos/Townhomes
Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog
Los Gatos, CA
Sat Oct 10 2026
This week the median list price for Los Gatos, CA is $1,198,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 23.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $1,198,000 | |
| Median Price of New Listings | $980,000 | |
| Per Square Foot | $835 | |
| Average Days on Market | 195 | |
| Median Days on Market | 42 | |
| Price Decreased | 35% | |
| Price Increased | 0% | |
| Relisted | 9% | |
| Inventory | 23 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
This week prices bumped up a bit but the trend of the last few weeks is generally downward. The Market Action Index is a good leading indicator for the durability of this shift.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,522,500 | 1,572 | 0 - 4,500 sqft | 3 | 2.5 | 47 | 1 | 0 | 17 |
| $1,239,999 | 1,466 | - | 2 | 2.5 | 50 | 0 | 0 | 136 |
| $834,500 | 1,010 | 0 - 4,500 sqft | 2 | 2 | 55 | 0 | 1 | 45 |
| $510,000 | 816 | - | 2 | 1 | 48 | 1 | 1 | 91 |