Mary Pope-Handy's Market Report

Los Gatos, CA 95030

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA 95030

Wed Feb 21 2024
This week the median list price for Los Gatos, CA 95030 is $4,899,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has increased to 15. 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

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.

Los Gatos, CA 95030

Wed Feb 21 2024
This week the median list price for Los Gatos, CA 95030 is $4,899,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has increased to 15. 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

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

Never miss important changes in the Los Gatos market.
Median List Price $4,899,000
Median Price of New Listings $4,698,500
Per Square Foot $1,312
Average Days on Market 120
Median Days on Market 21
Price Decreased 13%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Market Action 45
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$11,250,000 7,853 1 - 2.5 acres 7 9 1 0 0 112
$5,747,000 4,663 1 - 2.5 acres 5 4.3 12 1 0 80
$3,996,500 3,668 0.5 - 1 acre 4 4.3 15 2 0 3
$2,624,000 1,505 6,500 - 8,000 sqft 3 2.3 56 1 2 14