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 Jun 17 2019
This week the median list price for Los Gatos, CA 95032 is $2,461,500 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 40. Click here to stay informed with the Los Gatos market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Gatos, CA 95032

Mon Jun 17 2019
This week the median list price for Los Gatos, CA 95032 is $2,461,500 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 40. Click here to stay informed with the Los Gatos market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,461,500
Per Square Foot $870
Days on Market 86
Price Decreased 50%
Price Increased 0%
Relisted 8%
Inventory 40
Median House Rent $4,625
Most Expensive $14,000,000
Least Expensive $1,649,000
Market Action Index
Strong Seller's Market
48

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$4,846,500 5,236 1 - 2.5 acres 4 5 34 0 0 124
$2,896,500 3,656 0.25 - 0.5 acre 4 3 34 0 2 80
$2,173,500 2,593 0.25 - 0.5 acre 4 3 43 2 1 112
$1,908,500 1,885 8,000 - 10,000 sqft 3 2 63 2 3 28