Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA 95032

Wed Jun 16 2021
This week the median list price for Los Gatos, CA 95032 is $3,889,000 with the market action index hovering around 76. This is less than last month's market action index of 78. Inventory has increased to 17. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Los Gatos, CA 95032

Wed Jun 16 2021
This week the median list price for Los Gatos, CA 95032 is $3,889,000 with the market action index hovering around 76. This is less than last month's market action index of 78. Inventory has increased to 17. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $3,889,000
Median Price of New Listings $1,747,499
Per Square Foot $1,036
Average Days on Market 61
Median Days on Market 21
Price Decreased 18%
Price Increased 6%
Relisted 0%
Inventory 17
Median Rent $4,800
Market Action 76
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$8,899,500 7,860 5 - 10 acres 5 7 28 0 1 63
$5,399,444 5,442 1 - 2.5 acres 4 5 22 0 1 21
$3,344,000 3,350 0.25 - 0.5 acre 4 4 41 0 1 31
$1,899,999 1,938 8,000 - 10,000 sqft 3 3 50 2 3 7