Intero Market Report

Los Gatos, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Los Gatos, CA

Tue Jul 05 2022
This week the median list price for Los Gatos, CA is $2,791,500 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has increased to 78. 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

Tue Jul 05 2022
This week the median list price for Los Gatos, CA is $2,791,500 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has increased to 78. 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 $2,791,500
Median Price of New Listings $2,748,000
Per Square Foot $1,178
Average Days on Market 44
Median Days on Market 21
Price Decreased 23%
Price Increased 0%
Relisted 0%
Inventory 78
Median Rent
Market Action 56
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$4,900,000 3,867 0.5 - 1 acre 4 4 35 1 2 35
$3,249,000 2,529 0.25 - 0.5 acre 4 3 63 6 3 7
$2,199,500 1,998 0.25 - 0.5 acre 3 2 55 5 0 24
$1,498,500 1,609 0.5 - 1 acre 3 2.3 54 4 5 14