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
Mon Dec 11 2023
This week the median list price for Los Gatos, CA 95030 is $5,995,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $5,995,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $1,279 | |
| Average Days on Market | 131 | |
| Median Days on Market | 67 | |
| Price Decreased | 43% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 14 | |
| Median Rent | ||
| Market Action | 37 | |
| Slight Seller's Advantage | ||
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $7,295,000 | 6,010 | 1 - 2.5 acres | 6 | 9 | 1 | 0 | 0 | 63 |
| $6,499,000 | 5,166 | 1 - 2.5 acres | 5 | 6.5 | 6 | 0 | 1 | 63 |
| $5,946,500 | 5,075 | 1 - 2.5 acres | 4 | 6 | 40 | 0 | 1 | 77 |
| $2,050,000 | 1,282 | 0.5 - 1 acre | 2 | 1.5 | 67 | 0 | 0 | 70 |