Mary Pope-Handy's Market Report
Los Gatos, CA
Single-Family Homes
Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com
Los Gatos, CA
Sat Jul 11 2020
This week the median list price for Los Gatos, CA is $2,461,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 106.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Real-Time Market Profile
| Median List Price | $2,461,500 | |
| Per Square Foot | $874 | |
| Days on Market | 110 | |
| Price Decreased | 28% | |
| Price Increased | 1% | |
| Relisted | 7% | |
| Inventory | 106 | |
| Median Rent | $4,650 | |
| Most Expensive | $7,995,000 | |
| Least Expensive | $478,888 | |
| Market Action | 36 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $4,850,000 | 4,829 | 1 - 2.5 acres | 5 | 5 | 21 | 0 | 3 | 143 |
| $3,224,444 | 3,670 | 0.5 - 1 acre | 5 | 4 | 32 | 6 | 5 | 117 |
| $1,999,950 | 2,370 | 0.5 - 1 acre | 4 | 3 | 44 | 3 | 3 | 86 |
| $1,199,000 | 1,914 | 0.5 - 1 acre | 3 | 2 | 41 | 4 | 4 | 95 |