Mary Pope-Handy's Market Report
Los Gatos, CA 95032
Single-Family Homes
Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com
Los Gatos, CA 95032
Tue Jan 21 2020
This week the median list price for Los Gatos, CA 95032 is $3,199,000 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has held steady at or around 11.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $3,199,000 | |
| Per Square Foot | $1,057 | |
| Days on Market | 137 | |
| Price Decreased | 9% | |
| Price Increased | 0% | |
| Relisted | 9% | |
| Inventory | 11 | |
| Median Rent | $6,400 | |
| Most Expensive | $10,400,000 | |
| Least Expensive | $1,588,000 | |
| Market Action | 53 | |
| Strong Seller's Market | ||
Prices in this zip code are bouncing around near term trough. 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 |
|---|---|---|---|---|---|---|---|---|
| $9,150,000 | 3,123 | 10 - 20 acres | 3 | 2 | 38 | 0 | 0 | 318 |
| $4,300,000 | 4,588 | 1 - 2.5 acres | 5 | 5 | 67 | 1 | 0 | 177 |
| $2,998,000 | 2,144 | 0.5 - 1 acre | 4 | NaN | NaN | 0 | 1 | 65 |
| $1,699,000 | 1,502 | 8,000 - 10,000 sqft | 3 | 3 | 83 | 1 | 1 | 46 |