Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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


Los Gatos, CA 95032

Mon Jan 24 2022
This week the median list price for Los Gatos, CA 95032 is $5,400,000 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has decreased to 8. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Los Gatos, CA 95032

Mon Jan 24 2022
This week the median list price for Los Gatos, CA 95032 is $5,400,000 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has decreased to 8. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $5,400,000
Median Price of New Listings $2,295,000
Per Square Foot $1,110
Average Days on Market 165
Median Days on Market 221
Price Decreased 25%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent $4,500
Market Action 56
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$12,199,500 7,750 10 - 20 acres 6 7.5 27 0 0 220
$5,700,000 6,535 1 - 2.5 acres 5 5 29 0 0 171
$4,450,000 3,605 1 - 2.5 acres 4 4.5 36 0 0 126
$2,646,500 2,738 4,500 - 6,500 sqft 4 4.5 35 1 0 140