Market Report - The Brasil Group

Los Gatos, CA 95030

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA 95030

Fri Mar 29 2024
This week the median list price for Los Gatos, CA 95030 is $3,849,000 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has increased to 21. 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.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Los Gatos, CA 95030

Fri Mar 29 2024
This week the median list price for Los Gatos, CA 95030 is $3,849,000 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has increased to 21. 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.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $3,849,000
Median Price of New Listings $3,800,000
Per Square Foot $1,287
Average Days on Market 104
Median Days on Market 28
Price Decreased 24%
Price Increased 0%
Relisted 10%
Inventory 21
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$7,295,000 6,010 1 - 2.5 acres 5 5.5 2 0 1 168
$4,950,000 3,704 1 - 2.5 acres 5 4 32 2 0 28
$3,499,000 2,288 0.25 - 0.5 acre 4 3 44 2 0 14
$2,574,000 2,125 0.25 - 0.5 acre 3 2.3 70 1 1 24