Mary Pope-Handy's Market Report

Los Gatos, CA 95030

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Los Gatos, CA 95030

Fri Sep 20 2019
This week the median list price for Los Gatos, CA 95030 is $2,999,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has held steady at or around 34. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Fri Sep 20 2019
This week the median list price for Los Gatos, CA 95030 is $2,999,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has held steady at or around 34. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $2,999,000
Per Square Foot $1,099
Days on Market 90
Price Decreased 35%
Price Increased 0%
Relisted 9%
Inventory 34
Median House Rent $4,925
Most Expensive $9,975,000
Least Expensive $1,339,900
Market Action Index
Slight Seller's Advantage
32

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
$4,972,000 5,021 1 - 2.5 acres 5 5 67 1 1 76
$3,875,000 3,815 0.5 - 1 acre 4 4 26 0 1 76
$2,798,000 3,201 0.5 - 1 acre 4 3 44 3 0 60
$2,150,000 1,750 0.25 - 0.5 acre 3 2 89 2 1 146