Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95032

Thu Jan 17 2019
This week the median list price for Los Gatos, CA 95032 is $3,120,000 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has held steady at or around 18. Click here to stay informed with the Los Gatos market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, 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

Thu Jan 17 2019
This week the median list price for Los Gatos, CA 95032 is $3,120,000 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has held steady at or around 18. Click here to stay informed with the Los Gatos market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, 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 $3,120,000
Per Square Foot $922
Days on Market 91
Price Decreased 33%
Price Increased 0%
Relisted 11%
Inventory 18
Median House Rent $5,395
Most Expensive $16,500,000
Least Expensive $1,448,000
Market Action Index
Strong Seller's Market
48

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
$5,272,500 5,325 1 - 2.5 acres 5 5 17 3 0 169
$3,368,500 3,501 0.25 - 0.5 acre 4 4 13 0 0 70
$2,499,950 3,560 8,000 - 10,000 sqft 4 4 25 1 1 40
$1,975,000 2,194 8,000 - 10,000 sqft 4 3 62 1 0 98