Los Gatos Real Estate Market Trends at a Glance
| SEP 2014 | PREVIOUS MONTH | YEAR-OVER YEAR | |||
|---|---|---|---|---|---|
| Median Home Price | -11.8% | $852,000 | $966,350 | +101.9% | $422,000 |
| Average Sales Price | -5.5% | $867,591 | $918,212 | +82.1% | $476,330 |
| No. of Homes Sold | +37.5% | 11 | 8 | +120.0% | 5 |
| Pending Properties | +25.0% | 5 | 4 | +400.0% | 1 |
| Foreclosures Sold | N/A | 0 | 0 | N/A | 0 |
| Short Sales Sold | N/A | 0 | 0 | N/A | 0 |
| Active Listings | -33.3% | 6 | 9 | +50.0% | 4 |
| Active Foreclosures | N/A | 0 | 0 | N/A | 0 |
| Active Short Sales | N/A | 0 | 0 | N/A | 0 |
| Sales Price vs. List Price | -4.8% | 100.3% | 105.4% | +2.0% | 98.4% |
| Average Days on Market | +46.0% | 24 | 17 | -21.8% | 31 |
Los Gatos Real Estate Statistics At A Glance
Year-Over-Year
- Median home prices increased by 101.9% year-over-year to $852,000 from $422,000.
- The average home sales price rose by 82.1% year-over-year to $867,591 from $476,330.
- Home sales rose by 120.0% year-over-year to 11 from 5.
- Active listings rose 120.0% year-over-year to 11 from 5.
- Sales price vs. list price ratio rose by 2.0% year-over-year to 100.3% from 98.4%.
- The average days on market fell by 21.8% year-over-year to 24 from 31.
Compared To Last Month
- Median home prices slipped by 11.8% to $852,000 from $966,350.
- The average home sales price fell by 5.5% to $867,591 from $918,212.
- Home sales Up by 37.5% to 11 from 8.
- Active listings dropped 15.4% to 11 from 13.
- Sales price vs. list price ratio dropped by 4.8% to 100.3% from 105.4%.
- The average days on market increased by 46.0% to 24 from 17.
For more information, data, and opinion on the market, please visit my online Real Estate Report. There you will find the latest stats on not just Los Gatos, but all the cities within Silicon Valley and the major districts within San Jose.
