Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA 95033

Thu Sep 16 2021
This week the median list price for Los Gatos, CA 95033 is $1,749,000 with the market action index hovering around 51. This is less than last month's market action index of 56. Inventory has decreased to 27. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Thu Sep 16 2021
This week the median list price for Los Gatos, CA 95033 is $1,749,000 with the market action index hovering around 51. This is less than last month's market action index of 56. Inventory has decreased to 27. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,749,000
Median Price of New Listings $1,650,000
Per Square Foot $654
Average Days on Market 44
Median Days on Market 49
Price Decreased 37%
Price Increased 4%
Relisted 0%
Inventory 27
Median Rent
Market Action 51
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$2,493,000 3,329 1 - 2.5 acres 4 3 43 0 1 56
$1,895,000 2,950 1 - 2.5 acres 4 3 36 0 0 63
$1,688,888 2,717 2.5 - 5 acres 4 2 41 2 0 14
$1,175,000 1,874 1 - 2.5 acres 3 2 50 1 1 49