Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA 95033

Mon Dec 04 2023
This week the median list price for Los Gatos, CA 95033 is $1,595,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has decreased to 43. 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 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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Gatos, CA 95033

Mon Dec 04 2023
This week the median list price for Los Gatos, CA 95033 is $1,595,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has decreased to 43. 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 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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,595,000
Median Price of New Listings $1,598,888
Per Square Foot $724
Average Days on Market 120
Median Days on Market 91
Price Decreased 53%
Price Increased 0%
Relisted 12%
Inventory 43
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices 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
$2,697,500 3,778 2.5 - 5 acres 5 3.8 40 0 0 94
$1,995,000 3,231 5 - 10 acres 4 3 43 1 1 105
$1,399,000 1,854 0.5 - 1 acre 3 2 40 0 0 84
$850,000 1,300 0.25 - 0.5 acre 3 2 41 0 0 70