Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

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



Los Gatos, CA 95033

Mon Jan 17 2022
This week the median list price for Los Gatos, CA 95033 is $1,587,444 with the market action index hovering around 49. This is less than last month's market action index of 54. Inventory has increased to 12. 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

Mon Jan 17 2022
This week the median list price for Los Gatos, CA 95033 is $1,587,444 with the market action index hovering around 49. This is less than last month's market action index of 54. Inventory has increased to 12. 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 $1,587,444
Median Price of New Listings $1,200,000
Per Square Foot $659
Average Days on Market 71
Median Days on Market 49
Price Decreased 8%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $5,590
Market Action 49
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
$2,400,000 3,558 1 - 2.5 acres 4 4 30 0 0 70
$1,749,000 2,623 2.5 - 5 acres 4 3 42 0 0 140
$1,575,000 2,603 10 - 20 acres 4 3 43 1 0 35
$1,199,999 1,300 0.25 - 0.5 acre 3 2 83 2 1 0