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January 16, 2007

 

Los Gatos Annual Real Estate Trends

SINGLE-FAMILY HOMES % Change from Year Before
Area Year Sales Median Price Average Price DOM New Listings Sales Median Price Average Price New Listings
LG 1998 376 $660,000 $735,738 55 687
LG 1999 391 $730,000 $863,248 66 575 4.0% 10.6% 17.3% -16.3%
LG 2000 337 $925,000 $1,157,133 40 538 -13.8% 26.7% 34.0% -6.4%
LG 2001 232 $925,000 $1,164,241 65 731 -31.2% 0.0% 0.6% 35.9%
LG 2002 309 $955,000 $1,096,678 71 706 33.2% 3.2% -5.8% -3.4%
LG 2003 310 $970,000 $1,113,078 90 717 0.3% 1.6% 1.5% 1.6%
LG 2004 466 $1,165,000 $1,294,057 61 905 50.3% 20.1% 16.3% 26.2%
LG 2005 413 $1,251,000 $1,366,305 56 823 -11.4% 7.4% 5.6% -9.1%
LG 2006 299 $1,359,000 $1,504,811 57 662 -27.6% 8.6% 10.1% -19.6%

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