Mary Pope-Handy's Market Report

Los Gatos, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA

Fri Feb 28 2020
This week the median list price for Los Gatos, CA is $2,839,999 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 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.

Slight Seller's Advantage

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

Fri Feb 28 2020
This week the median list price for Los Gatos, CA is $2,839,999 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 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.

Slight Seller's Advantage

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 $2,839,999
Per Square Foot $893
Days on Market 119
Price Decreased 14%
Price Increased 3%
Relisted 15%
Inventory 78
Median Rent $5,600
Most Expensive $10,400,000
Least Expensive $478,888
Market Action 40
Slight Seller's Advantage

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
$5,250,000 5,467 1 - 2.5 acres 4 5 28 1 0 174
$3,452,200 3,809 0.25 - 0.5 acre 5 4 23 5 3 96
$2,191,500 3,144 1 - 2.5 acres 4 3 44 6 4 55
$1,223,500 1,897 0.25 - 0.5 acre 3 2 56 4 2 150