Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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



Los Gatos, CA 95032

Mon Jan 17 2022
This week the median list price for Los Gatos, CA 95032 is $5,500,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has decreased to 7. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Los Gatos, CA 95032

Mon Jan 17 2022
This week the median list price for Los Gatos, CA 95032 is $5,500,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has decreased to 7. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $5,500,000
Median Price of New Listings $3,600,000
Per Square Foot $1,073
Average Days on Market 181
Median Days on Market 231
Price Decreased 29%
Price Increased 14%
Relisted 29%
Inventory 7
Median Rent $4,325
Market Action 59
Strong Seller's Market

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$16,499,000 9,000 10 - 20 acres 7 7 33 0 0 231
$6,900,000 7,224 5 - 10 acres 5 6.5 27 0 1 143
$5,400,000 5,213 1 - 2.5 acres 4 5.5 23 0 0 238
$3,299,000 2,691 4,500 - 6,500 sqft 4 4 30 1 2 136