Mary Pope-Handy's Market Report

Los Gatos, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA

Tue Nov 24 2020
This week the median list price for Los Gatos, CA is $2,887,500 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 88. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Los Gatos, CA

Tue Nov 24 2020
This week the median list price for Los Gatos, CA is $2,887,500 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 88. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,887,500
Per Square Foot $962
Days on Market 128
Price Decreased 40%
Price Increased 3%
Relisted 9%
Inventory 88
Median Rent $3,950
Most Expensive $13,808,000
Least Expensive $299,900
Market Action 46
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
$4,496,500 4,766 1 - 2.5 acres 5 4 22 3 3 165
$3,248,500 3,456 0.25 - 0.5 acre 4 3 31 3 0 114
$2,274,000 2,338 0.25 - 0.5 acre 4 3 50 4 4 98
$1,293,500 2,186 1 - 2.5 acres 3 2 47 2 5 135