A resource for folks living in or moving to Los Gatos, by Mary Pope-Handy

sale price to list price ratio

Los Gatos real estate statistics and market trends

The Los Gatos real estate market for single family homes is balanced as a whole, but any particular home does not generally line up with what’s average. A particular home’s market will be impacted by things such as the pricing tier (the luxury market is a colder market, while homes under $2 million are generally a hot commodity), the school district, condition of the property, etc.

First, here’s a glance at the Altos Research profiles by the Los Gatos zip codes: 95030 and 95032 are “in town” and 95033 is in the Los Gatos Mountains. The last profile refers to the averages of all 3 zip codes. These are updated automatically every week – so check back often, it will always be current!

Close to downtown – 95030:

be6f880 - Los Gatos real estate statistics and market trends

Primarily East, West, and North Los Gatos:

4ecf6c4 - Los Gatos real estate statistics and market trends

The Los Gatos Mountains / Santa Cruz Mountains – 95033:

95d9db3 - Los Gatos real estate statistics and market trends

All 3 Zip Codes combined

941bfce - Los Gatos real estate statistics and market trends

 

Los Gatos real estate statistics and trends from the RE Report

The real estate numbers below reflect realty data gathered the first week of the month for the past month in Los Gatos 95030 & 95032, or MLS “area 16”. See the full REReport here.

Los Gatos Trends at a Glance for 95030 & 95032

Prices continued sliding month over month, but remain up substantially year over year.  Even so, the days of inventory is quite high by local standards, with only 9 closed sales as opposed to 44 houses available.

Trends At a Glance Jan 2019 Previous Month Year-over-Year
Median Price $2,480,000 (-0.8%) $2,500,000 $1,930,000 (+28.5%)
Average Price $2,810,060 (-0.3%) $2,818,350 $2,335,350 (+20.3%)
No. of Sales (-47.1%) 17 11 (-18.2%)
Pending 23 (+4.5%) 22 28 (-17.9%)
Active 44 (+33.3%) 33 33 (+33.3%)
Sale vs. List Price 98.3% (-2.1%) 100.5% 105.4% (-6.7%)
Days on Market 39 (-11.8%) 44 47 (-18.1%)
Days of Inventory 147 (+151.9%) 58 90 (+63.0%)

 

And the month before:

 

Trends At a Glance Dec 2018 Previous Month Year-over-Year
Median Price $2,500,000 (+8.1%) $2,312,500 $2,392,500 (+4.5%)
Average Price $2,818,350 (-4.5%) $2,949,780 $2,543,170 (+10.8%)
No. of Sales 17 (-39.3%) 28 24 (-29.2%)
Pending 22 (-29.0%) 31 14 (+57.1%)
Active 33 (-31.3%) 48 22 (+50.0%)
Sale vs. List Price 100.5% (+2.1%) 98.4% 99.9% (+0.5%)
Days on Market 44 (-13.6%) 51 30 (+49.0%)
Days of Inventory 58 (+17.1%) 50 28 (+111.8%)

 

The RE Report does not cover the mountain areas at the moment, but you can see a current Altos Research Report with tons of great info on 95033 here: altos.re/r/95d9db3?fbrefresh=true

 

The condominium and townhouse realty market stats in Los Gatos 95030 & 95032

See the full condominium report hereContinue reading

Mary Pope-Handy

Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805

Selling homes in
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special focus on
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