Market Report - The Brasil Group

Los Gatos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Sun Aug 01 2021
This week the median list price for Los Gatos, CA is $1,275,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has increased to 23. 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

Sun Aug 01 2021
This week the median list price for Los Gatos, CA is $1,275,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has increased to 23. 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 $1,275,000
Median Price of New Listings $1,262,000
Per Square Foot $882
Average Days on Market 44
Median Days on Market 35
Price Decreased 35%
Price Increased 9%
Relisted 0%
Inventory 23
Median Rent $2,731
Market Action 55
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
$2,003,000 2,040 0 - 4,500 sqft 3 4 0 0 2 35
$1,373,500 1,662 0 - 4,500 sqft 3 3 42 2 3 7
$1,130,000 1,073 0 - 4,500 sqft 2 2 47 3 3 17
$597,000 948 0 - 4,500 sqft 2 1 58 1 2 45