Mary Pope-Handy's Market Report

Los Gatos, CA 95030

Single-Family Homes

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



Los Gatos, CA 95030

Sat Jul 31 2021
This week the median list price for Los Gatos, CA 95030 is $4,385,000 with the market action index hovering around 60. This is less than last month's market action index of 65. Inventory has increased to 24. 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 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

Sat Jul 31 2021
This week the median list price for Los Gatos, CA 95030 is $4,385,000 with the market action index hovering around 60. This is less than last month's market action index of 65. Inventory has increased to 24. 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 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 $4,385,000
Median Price of New Listings $3,795,000
Per Square Foot $1,187
Average Days on Market 69
Median Days on Market 32
Price Decreased 4%
Price Increased 4%
Relisted 0%
Inventory 24
Median Rent
Market Action 60
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
$8,640,000 6,349 1 - 2.5 acres 5 7 10 1 0 77
$5,350,000 5,635 1 - 2.5 acres 5 6 25 1 0 28
$3,597,000 3,383 8,000 - 10,000 sqft 4 4 26 2 0 14
$2,235,000 1,671 4,500 - 6,500 sqft 3 2 80 1 2 21