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

Tue Oct 22 2024
This week the median list price for Los Gatos, CA 95030 is $3,899,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 29. 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

Market Narrative

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

Tue Oct 22 2024
This week the median list price for Los Gatos, CA 95030 is $3,899,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 29. 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

Market Narrative

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 $3,899,000
Median Price of New Listings $0
Per Square Foot $1,378
Average Days on Market 105
Median Days on Market 84
Price Decreased 48%
Price Increased 3%
Relisted 10%
Inventory 29
Median Rent
Market Action 32
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
$8,998,000 7,031 1 - 2.5 acres 5 7 16 0 0 140
$4,850,000 4,000 0.25 - 0.5 acre 5 5 43 0 0 154
$3,188,800 2,069 8,000 - 10,000 sqft 4 3 60 0 2 35
$2,048,500 1,501 0.5 - 1 acre 2 2 89 0 0 77