Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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



Los Gatos, CA 95032

Thu Sep 16 2021
This week the median list price for Los Gatos, CA 95032 is $5,149,500 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has decreased to 20. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Gatos, CA 95032

Thu Sep 16 2021
This week the median list price for Los Gatos, CA 95032 is $5,149,500 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has decreased to 20. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $5,149,500
Median Price of New Listings $2,620,444
Per Square Foot $1,143
Average Days on Market 105
Median Days on Market 60
Price Decreased 15%
Price Increased 5%
Relisted 15%
Inventory 20
Median Rent $5,200
Market Action 59
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$8,900,000 7,460 10 - 20 acres 6 6 32 0 0 147
$6,198,888 5,032 1 - 2.5 acres 5 6 17 1 3 112
$3,275,000 3,368 1 - 2.5 acres 4 5 25 0 3 21
$2,699,999 2,175 8,000 - 10,000 sqft 3 3 61 3 6 0