Mary Pope-Handy's Market Report

Los Gatos, CA 95032

Single-Family Homes

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



Los Gatos, CA 95032

Tue Sep 27 2022
This week the median list price for Los Gatos, CA 95032 is $2,998,000 with the market action index hovering around 61. This is an increase over last month's market action index of 56. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Los Gatos, CA 95032

Tue Sep 27 2022
This week the median list price for Los Gatos, CA 95032 is $2,998,000 with the market action index hovering around 61. This is an increase over last month's market action index of 56. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,998,000
Median Price of New Listings $2,250,000
Per Square Foot $1,244
Average Days on Market 50
Median Days on Market 28
Price Decreased 12%
Price Increased 6%
Relisted 18%
Inventory 17
Median Rent
Market Action 61
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$5,739,000 5,285 1 - 2.5 acres 4 4.5 28 1 1 77
$3,498,500 2,714 8,000 - 10,000 sqft 4 3.5 37 0 1 38
$2,946,500 2,448 6,500 - 8,000 sqft 4 3.5 59 0 1 14
$2,250,000 1,555 8,000 - 10,000 sqft 3 2 64 2 2 14