Condos/Townhomes
Sun Aug 23 2026
This week the median list price for Los Gatos, CA is $1,249,999 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has decreased to 15.
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.
| Median List Price | $1,249,999 | |
| Median Price of New Listings | $649,000 | |
| Per Square Foot | $721 | |
| Average Days on Market | 259 | |
| Median Days on Market | 77 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 13% | |
| Inventory | 15 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Despite this week’s down tic, the price trend remains upward for the last few weeks. We’re within sight of the market peak and a persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,718,500 | 2,032 | 0 - 4,500 sqft | 3 | 3 | 27 | 0 | 1 | 77 |
| $1,399,000 | 1,410 | 0 - 4,500 sqft | 2 | 2.5 | 49 | 0 | 0 | 87 |
| $624,000 | 1,005 | 0 - 4,500 sqft | 2 | 1.5 | 49 | 1 | 1 | 56 |
| $549,950 | 768 | 0 - 4,500 sqft | 2 | 1 | 48 | 0 | 0 | 84 |