Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95033

Mon Jul 22 2019
This week the median list price for Los Gatos, CA 95033 is $1,599,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 46. Click here to stay informed with the Los Gatos market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Los Gatos, CA 95033

Mon Jul 22 2019
This week the median list price for Los Gatos, CA 95033 is $1,599,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 46. Click here to stay informed with the Los Gatos market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,599,500
Per Square Foot $595
Days on Market 94
Price Decreased 48%
Price Increased 0%
Relisted 9%
Inventory 46
Median House Rent $2,300
Most Expensive $6,498,000
Least Expensive $375,000
Market Action Index
Slight Seller's Advantage
34

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$2,699,000 4,632 2.5 - 5 acres 5 4 20 0 0 120
$1,899,000 3,216 2.5 - 5 acres 4 3 34 0 0 70
$1,393,500 2,499 1 - 2.5 acres 4 2 42 2 0 128
$872,500 1,354 0.5 - 1 acre 3 2 57 2 0 57