Fri Nov 15 2019
This week the median list price for Los Gatos, CA is $2,124,974 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 118.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$2,124,974|
|Per Square Foot||$801|
|Days on Market||111|
|Slight Seller's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$4,500,000||5,096||1 - 2.5 acres||5||5||33||2||5||132|
|$2,600,000||3,200||0.5 - 1 acre||4||4||58||1||1||93|
|$1,699,000||2,364||0.5 - 1 acre||4||3||54||3||5||108|
|$1,172,000||1,860||1 - 2.5 acres||3||2||49||0||5||109|