Mary Pope-Handy's Market Report

Los Gatos, CA 95030

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA 95030

Sun Jul 14 2024
This week the median list price for Los Gatos, CA 95030 is $3,998,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 27. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Gatos, CA 95030

Sun Jul 14 2024
This week the median list price for Los Gatos, CA 95030 is $3,998,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 27. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $3,998,000
Median Price of New Listings $2,950,000
Per Square Foot $1,297
Average Days on Market 78
Median Days on Market 35
Price Decreased 52%
Price Increased 0%
Relisted 19%
Inventory 27
Median Rent
Market Action 41
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
$8,625,000 7,141 1 - 2.5 acres 5 7.5 21 1 1 91
$4,500,000 3,396 0.25 - 0.5 acre 4 4 62 0 0 35
$2,999,000 2,455 4,500 - 6,500 sqft 4 3 24 2 0 28
$2,100,000 1,050 0.25 - 0.5 acre 2 2 75 2 2 35