Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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



Los Gatos, CA 95032

Fri Jul 01 2022
This week the median list price for Los Gatos, CA 95032 is $3,289,944 with the market action index hovering around 63. This is less than last month's market action index of 74. Inventory has increased to 26. 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 a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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

Fri Jul 01 2022
This week the median list price for Los Gatos, CA 95032 is $3,289,944 with the market action index hovering around 63. This is less than last month's market action index of 74. Inventory has increased to 26. 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 a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 $3,289,944
Median Price of New Listings $2,794,443
Per Square Foot $1,175
Average Days on Market 79
Median Days on Market 25
Price Decreased 31%
Price Increased 4%
Relisted 0%
Inventory 26
Median Rent
Market Action 63
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$6,149,000 6,300 1 - 2.5 acres 5 4.5 29 0 0 143
$3,675,000 3,534 0.25 - 0.5 acre 4 4.5 56 0 1 28
$2,998,000 2,529 0.25 - 0.5 acre 4 4 57 3 1 14
$2,100,000 1,679 6,500 - 8,000 sqft 3 2 58 1 0 14