Market Report - The Brasil Group

Los Gatos, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Mon Jun 05 2023
This week the median list price for Los Gatos, CA is $2,500,000 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has held steady at or around 75. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

Mon Jun 05 2023
This week the median list price for Los Gatos, CA is $2,500,000 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has held steady at or around 75. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $2,500,000
Median Price of New Listings $2,598,800
Per Square Foot $859
Average Days on Market 71
Median Days on Market 35
Price Decreased 29%
Price Increased 0%
Relisted 11%
Inventory 75
Median Rent
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$6,596,944 5,433 1 - 2.5 acres 5 6 32 1 3 52
$2,999,000 2,977 0.5 - 1 acre 4 3 57 5 3 28
$1,999,500 2,653 1 - 2.5 acres 3 2.5 49 3 2 28
$999,000 1,417 0.5 - 1 acre 2 2 71 2 1 28