Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95033

Fri Dec 14 2018
This week the median list price for Los Gatos, CA 95033 is $1,459,500 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has held steady at or around 38. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Gatos, CA 95033

Fri Dec 14 2018
This week the median list price for Los Gatos, CA 95033 is $1,459,500 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has held steady at or around 38. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,459,500
Per Square Foot $510
Days on Market 126
Price Decreased 42%
Price Increased 3%
Relisted 13%
Inventory 38
Median House Rent $3,795
Most Expensive $4,198,000
Least Expensive $275,000
Market Action Index
Slight Seller's Advantage
36

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
$2,630,000 4,500 2.5 - 5 acres 4 4 19 1 1 189
$1,788,000 3,414 2.5 - 5 acres 4 3 42 0 2 66
$1,249,000 2,703 1 - 2.5 acres 3 2 47 1 6 95
$737,500 1,329 0.5 - 1 acre 2 2 43 1 2 155