Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95032

Fri Sep 20 2019
This week the median list price for Los Gatos, CA 95032 is $2,620,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 43. Click here to stay informed with the Los Gatos market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Gatos, CA 95032

Fri Sep 20 2019
This week the median list price for Los Gatos, CA 95032 is $2,620,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 43. Click here to stay informed with the Los Gatos market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,620,000
Per Square Foot $867
Days on Market 69
Price Decreased 35%
Price Increased 0%
Relisted 9%
Inventory 43
Median House Rent $5,500
Most Expensive $10,988,000
Least Expensive $1,299,000
Market Action Index
Slight Seller's Advantage
36

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$4,945,000 5,489 1 - 2.5 acres 4 5 28 2 1 108
$3,098,000 3,500 0.5 - 1 acre 4 4 56 1 2 83
$1,999,999 2,564 0.25 - 0.5 acre 4 3 55 1 1 48
$1,599,999 1,854 0.25 - 0.5 acre 3 2 57 1 2 40