Tue Mar 02 2021
This week the median list price for Los Gatos, CA 95032 is $2,948,944 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has held steady at or around 16.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$2,948,944|
|Per Square Foot||$886|
|Days on Market||4|
|Strong Seller's Market|
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,774,444||6,962||1 - 2.5 acres||5||6||5||1||0||126|
|$3,199,000||3,260||8,000 - 10,000 sqft||4||4||10||1||1||14|
|$2,497,000||2,593||0.25 - 0.5 acre||4||3||55||3||1||0|
|$1,849,000||2,039||8,000 - 10,000 sqft||3||2||54||4||2||0|