Tue Sep 27 2022
This week the median list price for Los Gatos, CA 95033 is $1,650,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 31.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,650,000|
|Median Price of New Listings||$1,350,000|
|Per Square Foot||$781|
|Average Days on Market||63|
|Median Days on Market||49|
|Slight Seller's Advantage|
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,600,000||3,631||2.5 - 5 acres||4||4||35||1||0||112|
|$2,089,500||2,724||2.5 - 5 acres||3||3||42||0||2||63|
|$1,350,000||1,939||0.5 - 1 acre||4||3||46||1||0||42|
|$812,000||1,232||2.5 - 5 acres||2||2||61||1||1||28|