Market Report - The Brasil Group

Los Gatos, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Los Gatos, CA

Thu Feb 29 2024
This week the median list price for Los Gatos, CA is $1,388,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 11. 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

Thu Feb 29 2024
This week the median list price for Los Gatos, CA is $1,388,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 11. 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 $1,388,000
Median Price of New Listings $0
Per Square Foot $926
Average Days on Market 148
Median Days on Market 35
Price Decreased 9%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent
Market Action 52
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
$4,889,500 4,779 8,000 - 10,000 sqft 4 4.8 100 0 0 35
$1,775,000 1,916 0 - 4,500 sqft 3 2.5 55 0 1 7
$1,288,000 1,218 0 - 4,500 sqft 2 2 52 0 0 105
$588,888 916 0 - 4,500 sqft 1 1 54 0 1 7