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 26 2019
This week the median list price for Los Gatos, CA 95032 is $2,664,500 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has held steady at or around 36. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Gatos, CA 95032

Sun May 26 2019
This week the median list price for Los Gatos, CA 95032 is $2,664,500 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has held steady at or around 36. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,664,500
Per Square Foot $892
Days on Market 74
Price Decreased 33%
Price Increased 3%
Relisted 8%
Inventory 36
Median House Rent $3,975
Most Expensive $16,500,000
Least Expensive $1,675,000
Market Action Index
Strong Seller's Market
53

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

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
$5,295,000 5,377 2.5 - 5 acres 4 5 21 0 0 119
$3,195,000 4,270 1 - 2.5 acres 5 4 39 3 2 62
$2,399,000 2,514 0.25 - 0.5 acre 4 3 49 3 4 82
$1,800,000 1,870 8,000 - 10,000 sqft 3 2 62 2 4 31