Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95033

Sun May 31 2020
This week the median list price for Los Gatos, CA 95033 is $1,499,499 with the market action index hovering around 31. This is less than last month's market action index of 34. Inventory has held steady at or around 40. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Gatos, CA 95033

Sun May 31 2020
This week the median list price for Los Gatos, CA 95033 is $1,499,499 with the market action index hovering around 31. This is less than last month's market action index of 34. Inventory has held steady at or around 40. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,499,499
Per Square Foot $605
Days on Market 153
Price Decreased 15%
Price Increased 0%
Relisted 8%
Inventory 40
Median Rent $4,650
Most Expensive $4,998,000
Least Expensive $478,888
Market Action 31
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

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
$3,224,999 3,937 2.5 - 5 acres 5 4 25 2 0 210
$1,836,000 3,017 5 - 10 acres 4 3 32 0 2 128
$1,412,000 2,722 1 - 2.5 acres 3 3 40 0 1 69
$827,500 1,155 0.25 - 0.5 acre 2 2 64 3 2 203