Mary Pope-Handy's Market Report
Los Gatos, CA 95032
Single-Family Homes
Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com
Los Gatos, CA 95032
Mon Nov 23 2020
This week the median list price for Los Gatos, CA 95032 is $3,325,000 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has held steady at or around 23.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $3,325,000 | |
| Per Square Foot | $1,093 | |
| Days on Market | 76 | |
| Price Decreased | 30% | |
| Price Increased | 4% | |
| Relisted | 13% | |
| Inventory | 23 | |
| Median Rent | $4,075 | |
| Most Expensive | $13,750,000 | |
| Least Expensive | $1,288,000 | |
| Market Action | 66 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| $5,988,000 | 5,032 | 1 - 2.5 acres | 5 | 5 | 16 | 1 | 2 | 95 |
| $3,848,888 | 3,246 | 1 - 2.5 acres | 4 | 3 | 43 | 1 | 0 | 122 |
| $3,094,500 | 3,591 | 0.25 - 0.5 acre | 4 | 3 | 47 | 2 | 0 | 24 |
| $1,719,000 | 1,610 | 8,000 - 10,000 sqft | 3 | 2 | 60 | 3 | 2 | 64 |