Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

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



Los Gatos, CA 95033

Sat Nov 27 2021
This week the median list price for Los Gatos, CA 95033 is $1,699,000 with the market action index hovering around 51. This is less than last month's market action index of 57. Inventory has decreased to 19. 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 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

Sat Nov 27 2021
This week the median list price for Los Gatos, CA 95033 is $1,699,000 with the market action index hovering around 51. This is less than last month's market action index of 57. Inventory has decreased to 19. 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 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 $1,699,000
Median Price of New Listings $924,450
Per Square Foot $643
Average Days on Market 64
Median Days on Market 63
Price Decreased 32%
Price Increased 0%
Relisted 0%
Inventory 19
Median Rent $4,238
Market Action 51
Strong Seller's Market

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
$3,478,944 3,809 2.5 - 5 acres 4 3.8 35 0 0 66
$1,899,000 2,950 2.5 - 5 acres 4 3 42 0 2 84
$1,688,888 2,800 2.5 - 5 acres 4 3 41 0 0 84
$1,050,000 1,656 8,000 - 10,000 sqft 3 1 70 2 0 35