Market Report - The Brasil Group

Los Gatos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Sun Jan 29 2023
This week the median list price for Los Gatos, CA is $1,618,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 15. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Los Gatos, CA

Sun Jan 29 2023
This week the median list price for Los Gatos, CA is $1,618,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 15. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Gatos market.
Median List Price $1,618,000
Median Price of New Listings $1,632,000
Per Square Foot $979
Average Days on Market 112
Median Days on Market 63
Price Decreased 13%
Price Increased 7%
Relisted 7%
Inventory 15
Median Rent
Market Action 43
Slight Seller's Advantage

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
$2,549,000 2,716 4,500 - 6,500 sqft 3 3.5 43 1 0 7
$1,933,000 1,741 - 2 3 1 1 0 73
$1,346,500 1,370 0 - 4,500 sqft 2 2 1 0 0 31
$1,064,000 1,129 0 - 4,500 sqft 1 1.5 26 1 2 80