Mary Pope-Handy's Market Report

Los Gatos, CA

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA

Sun May 29 2022
This week the median list price for Los Gatos, CA is $2,988,000 with the market action index hovering around 71. This is less than last month's market action index of 72. Inventory has increased to 56. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Los Gatos, CA

Sun May 29 2022
This week the median list price for Los Gatos, CA is $2,988,000 with the market action index hovering around 71. This is less than last month's market action index of 72. Inventory has increased to 56. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,988,000
Median Price of New Listings $2,647,500
Per Square Foot $1,244
Average Days on Market 66
Median Days on Market 14
Price Decreased 23%
Price Increased 4%
Relisted 2%
Inventory 56
Median Rent
Market Action 71
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
$5,649,500 4,903 1 - 2.5 acres 5 5 39 2 0 17
$3,375,000 2,525 8,000 - 10,000 sqft 4 3.3 57 4 1 14
$2,724,000 2,483 8,000 - 10,000 sqft 4 3.3 54 3 2 14
$1,762,000 1,748 8,000 - 10,000 sqft 3 2 64 5 2 14