Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95032

Sun May 31 2020
This week the median list price for Los Gatos, CA 95032 is $2,450,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 41. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Los Gatos, CA 95032

Sun May 31 2020
This week the median list price for Los Gatos, CA 95032 is $2,450,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 41. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,450,000
Per Square Foot $963
Days on Market 96
Price Decreased 20%
Price Increased 2%
Relisted 7%
Inventory 41
Median Rent $3,650
Most Expensive $10,400,000
Least Expensive $1,198,000
Market Action 34
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,822,500 4,559 1 - 2.5 acres 4 4 17 0 0 214
$2,924,500 3,383 0.25 - 0.5 acre 4 5 20 1 0 66
$2,191,500 2,369 0.25 - 0.5 acre 4 3 51 1 1 30
$1,649,000 1,616 8,000 - 10,000 sqft 3 2 65 0 0 73