Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95033

Mon Apr 06 2020
This week the median list price for Los Gatos, CA 95033 is $1,499,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 35. 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 Seller's Advantage

The market has started cooling and prices have recently plateaued. Since 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 Apr 06 2020
This week the median list price for Los Gatos, CA 95033 is $1,499,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 35. 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 Seller's Advantage

The market has started cooling and prices have recently plateaued. Since 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 $1,499,000
Per Square Foot $620
Days on Market 146
Price Decreased 26%
Price Increased 3%
Relisted 11%
Inventory 35
Median Rent $2,180
Most Expensive $4,998,000
Least Expensive $478,888
Market Action 39
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$3,474,500 4,261 2.5 - 5 acres 5 4 25 0 0 183
$1,799,000 3,183 2.5 - 5 acres 4 3 34 0 0 96
$1,249,000 2,386 2.5 - 5 acres 4 3 40 1 1 219
$715,000 1,200 1 - 2.5 acres 2 1 68 1 0 87