Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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



Los Gatos, CA 95032

Tue Aug 09 2022
This week the median list price for Los Gatos, CA 95032 is $2,898,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 31. 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

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.

Los Gatos, CA 95032

Tue Aug 09 2022
This week the median list price for Los Gatos, CA 95032 is $2,898,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 31. 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

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

Never miss important changes in the Los Gatos market.
Median List Price $2,898,000
Median Price of New Listings $2,574,499
Per Square Foot $1,193
Average Days on Market 37
Median Days on Market 35
Price Decreased 45%
Price Increased 0%
Relisted 3%
Inventory 31
Median Rent
Market Action 51
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$5,250,000 4,404 0.5 - 1 acre 4 4 28 1 1 56
$3,224,500 2,551 8,000 - 10,000 sqft 4 3 51 1 0 35
$2,724,000 2,460 8,000 - 10,000 sqft 3 3 58 0 3 38
$1,998,000 1,445 8,000 - 10,000 sqft 3 2 60 2 2 21