Mary Pope-Handy's Market Report

Los Gatos, CA 95033

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Los Gatos, CA 95033

Wed Apr 24 2024
This week the median list price for Los Gatos, CA 95033 is $1,388,888 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 21. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Gatos, CA 95033

Wed Apr 24 2024
This week the median list price for Los Gatos, CA 95033 is $1,388,888 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 21. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,388,888
Median Price of New Listings $1,647,000
Per Square Foot $754
Average Days on Market 94
Median Days on Market 42
Price Decreased 33%
Price Increased 0%
Relisted 10%
Inventory 21
Median Rent
Market Action 47
Strong Seller's Market

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
$6,398,000 5,950 5 - 10 acres 6 6 28 0 1 154
$2,149,000 2,800 2.5 - 5 acres 4 2.5 45 1 1 14
$1,250,000 1,562 1 - 2.5 acres 3 2.5 36 1 1 42
$931,940 1,550 1 - 2.5 acres 2 2 54 0 2 101