Market Report - The Brasil Group

Los Gatos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Fri Oct 15 2021
This week the median list price for Los Gatos, CA is $1,110,000 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has increased to 17. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Gatos, CA

Fri Oct 15 2021
This week the median list price for Los Gatos, CA is $1,110,000 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has increased to 17. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,110,000
Median Price of New Listings $589,000
Per Square Foot $777
Average Days on Market 67
Median Days on Market 21
Price Decreased 24%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent $3,041
Market Action 56
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,795,944 2,106 0 - 4,500 sqft 3 3 22 0 1 21
$1,445,444 1,568 0 - 4,500 sqft 2 3 20 0 1 10
$964,500 1,073 0 - 4,500 sqft 2 2 46 0 1 84
$589,000 888 0 - 4,500 sqft 2 1 58 1 1 63