Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95033

Wed Dec 11 2019
This week the median list price for Los Gatos, CA 95033 is $1,399,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 51. 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.

Slight Buyer's Advantage

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Los Gatos, CA 95033

Wed Dec 11 2019
This week the median list price for Los Gatos, CA 95033 is $1,399,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 51. 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.

Slight Buyer's Advantage

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,399,000
Per Square Foot $568
Days on Market 132
Price Decreased 43%
Price Increased 4%
Relisted 22%
Inventory 51
Median Rent $7,000
Most Expensive $5,500,000
Least Expensive $478,888
Market Action 28
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,070,000 4,513 2.5 - 5 acres 5 4 22 2 1 149
$1,665,000 3,183 2.5 - 5 acres 4 3 38 1 0 157
$1,249,000 2,244 2.5 - 5 acres 3 3 44 1 2 141
$850,000 1,604 0.25 - 0.5 acre 2 1 75 0 0 80