Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

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



Los Gatos, CA 95033

Fri Sep 30 2022
This week the median list price for Los Gatos, CA 95033 is $1,650,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 31. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Los Gatos, CA 95033

Fri Sep 30 2022
This week the median list price for Los Gatos, CA 95033 is $1,650,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 31. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,650,000
Median Price of New Listings $1,350,000
Per Square Foot $781
Average Days on Market 63
Median Days on Market 49
Price Decreased 42%
Price Increased 0%
Relisted 0%
Inventory 31
Median Rent
Market Action 36
Slight Seller's Advantage

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$3,600,000 3,631 2.5 - 5 acres 4 4 35 1 0 112
$2,089,500 2,724 2.5 - 5 acres 3 3 42 0 2 63
$1,350,000 1,939 0.5 - 1 acre 4 3 46 1 0 42
$812,000 1,232 2.5 - 5 acres 2 2 61 1 1 28