Mary Pope-Handy's Market Report

Los Gatos, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA

Fri Dec 06 2019
This week the median list price for Los Gatos, CA is $1,950,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 100. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Los Gatos, CA

Fri Dec 06 2019
This week the median list price for Los Gatos, CA is $1,950,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 100. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,950,000
Per Square Foot $766
Days on Market 111
Price Decreased 37%
Price Increased 0%
Relisted 11%
Inventory 100
Median Rent $5,995
Most Expensive $10,400,000
Least Expensive $478,888
Market Action 33
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.

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
$4,495,000 5,036 1 - 2.5 acres 5 5 36 0 4 141
$2,400,000 3,105 1 - 2.5 acres 4 3 41 0 3 106
$1,649,000 2,268 1 - 2.5 acres 3 3 41 1 2 95
$1,049,000 1,914 0.5 - 1 acre 3 2 49 2 3 100