Mary Pope-Handy's Market Report
Los Gatos, CA 95032
Single-Family Homes
Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog
Los Gatos, CA 95032
Wed Dec 11 2024
This week the median list price for Los Gatos, CA 95032 is $4,235,000 with the market action index hovering around 54. This is an increase over last month's market action index of 47. Inventory has decreased to 11.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $4,235,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $1,423 | |
| Average Days on Market | 148 | |
| Median Days on Market | 98 | |
| Price Decreased | 27% | |
| Price Increased | 9% | |
| Relisted | 0% | |
| Inventory | 11 | |
| Median Rent | ||
| Market Action | 54 | |
| Strong Seller's Market | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $10,485,000 | 6,398 | 10 - 20 acres | 5 | 5.5 | NaN | 0 | 0 | 161 |
| $4,998,000 | 3,242 | 0.5 - 1 acre | 4 | 4 | 14 | 0 | 0 | 175 |
| $3,949,000 | 3,267 | 8,000 - 10,000 sqft | 5 | 5 | 0 | 0 | 1 | 35 |
| $2,999,000 | 2,018 | 0.25 - 0.5 acre | 4 | 3 | NaN | 0 | 2 | 77 |