Mary Pope-Handy's Market Report

Los Gatos, CA 95030

Single-Family Homes

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



Los Gatos, CA 95030

Wed Jun 16 2021
This week the median list price for Los Gatos, CA 95030 is $3,695,000 with the market action index hovering around 68. This is less than last month's market action index of 72. Inventory has increased to 17. 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 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 95030

Wed Jun 16 2021
This week the median list price for Los Gatos, CA 95030 is $3,695,000 with the market action index hovering around 68. This is less than last month's market action index of 72. Inventory has increased to 17. 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 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 $3,695,000
Median Price of New Listings $3,450,000
Per Square Foot $1,244
Average Days on Market 70
Median Days on Market 7
Price Decreased 6%
Price Increased 12%
Relisted 0%
Inventory 17
Median Rent
Market Action 68
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$9,625,000 7,211 1 - 2.5 acres 5 6 15 0 0 66
$6,822,500 5,120 1 - 2.5 acres 5 7 27 2 0 3
$3,204,500 3,043 0.25 - 0.5 acre 4 3 76 2 1 3
$2,499,000 2,040 4,500 - 6,500 sqft 3 2 42 1 1 7