Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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



Los Gatos, CA 95032

Sat Nov 27 2021
This week the median list price for Los Gatos, CA 95032 is $5,300,000 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has decreased 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Los Gatos, CA 95032

Sat Nov 27 2021
This week the median list price for Los Gatos, CA 95032 is $5,300,000 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has decreased 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $5,300,000
Median Price of New Listings $1,996,500
Per Square Foot $1,160
Average Days on Market 110
Median Days on Market 42
Price Decreased 29%
Price Increased 6%
Relisted 18%
Inventory 17
Median Rent $4,620
Market Action 65
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
$8,747,000 8,073 5 - 10 acres 5 7.5 26 0 0 157
$6,199,250 5,077 2.5 - 5 acres 5 5.5 21 0 0 112
$3,615,944 3,323 0.25 - 0.5 acre 4 4 38 1 1 112
$1,995,000 1,622 4,500 - 6,500 sqft 3 3 30 3 3 0