Market Report - The Brasil Group

Los Gatos, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Wed Feb 21 2024
This week the median list price for Los Gatos, CA is $2,599,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 44. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Los Gatos, CA

Wed Feb 21 2024
This week the median list price for Los Gatos, CA is $2,599,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 44. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,599,000
Median Price of New Listings $3,048,500
Per Square Foot $1,196
Average Days on Market 119
Median Days on Market 74
Price Decreased 27%
Price Increased 0%
Relisted 9%
Inventory 44
Median Rent
Market Action 42
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$7,250,000 5,166 1 - 2.5 acres 5 5 16 1 0 133
$3,325,000 2,361 0.25 - 0.5 acre 4 3.5 34 4 4 7
$2,000,000 2,296 1 - 2.5 acres 3 2.5 62 2 1 105
$1,000,000 1,406 1 - 2.5 acres 2 2 51 1 2 147