Market Report - The Brasil Group

Los Gatos, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Sun Jan 29 2023
This week the median list price for Los Gatos, CA is $2,500,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 39. 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 a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Los Gatos, CA

Sun Jan 29 2023
This week the median list price for Los Gatos, CA is $2,500,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 39. 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 a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $2,500,000
Median Price of New Listings $2,292,500
Per Square Foot $1,092
Average Days on Market 107
Median Days on Market 77
Price Decreased 46%
Price Increased 3%
Relisted 13%
Inventory 39
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$4,999,000 3,957 1 - 2.5 acres 4 4.5 23 0 0 42
$3,299,000 2,497 0.25 - 0.5 acre 4 3 56 0 2 73
$1,772,000 2,403 1 - 2.5 acres 4 2.5 45 2 1 98
$886,500 1,227 0.5 - 1 acre 2 1.8 56 0 1 98