Mary Pope-Handy's Market Report

Los Gatos, CA 95030

Single-Family Homes

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



Los Gatos, CA 95030

Thu Sep 16 2021
This week the median list price for Los Gatos, CA 95030 is $5,375,000 with the market action index hovering around 54. This is less than last month's market action index of 55. Inventory has decreased to 16. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Los Gatos, CA 95030

Thu Sep 16 2021
This week the median list price for Los Gatos, CA 95030 is $5,375,000 with the market action index hovering around 54. This is less than last month's market action index of 55. Inventory has decreased to 16. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $5,375,000
Median Price of New Listings $2,898,000
Per Square Foot $1,153
Average Days on Market 114
Median Days on Market 46
Price Decreased 25%
Price Increased 6%
Relisted 19%
Inventory 16
Median Rent $5,500
Market Action 54
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$7,264,500 6,591 1 - 2.5 acres 6 7 30 0 0 122
$5,925,000 4,393 1 - 2.5 acres 4 6 42 0 0 52
$3,397,500 3,085 0.5 - 1 acre 4 5 81 0 2 42
$2,693,944 2,341 0.5 - 1 acre 4 2 57 1 2 24