Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95032

Sat Sep 19 2020
This week the median list price for Los Gatos, CA 95032 is $2,069,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 40. 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. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Los Gatos, CA 95032

Sat Sep 19 2020
This week the median list price for Los Gatos, CA 95032 is $2,069,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 40. 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. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,069,000
Per Square Foot $1,037
Days on Market 72
Price Decreased 40%
Price Increased 3%
Relisted 0%
Inventory 40
Median Rent $4,200
Most Expensive $7,995,000
Least Expensive $1,100,000
Market Action 51
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,997,500 4,666 1 - 2.5 acres 4 5 10 0 1 142
$2,419,500 2,615 8,000 - 10,000 sqft 4 3 46 2 2 21
$1,862,499 2,101 0.25 - 0.5 acre 4 3 52 2 1 73
$1,374,944 1,181 6,500 - 8,000 sqft 2 2 72 2 1 49