sale price to list price ratio
The Los Gatos real estate market for single family homes is a sellers market as a whole, but this varies depending on many factors. 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, whether it is remote or convenient (in some cases), 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! Also, I’ve provided links to each of the 3 zip codes reports. Within those weekly reports are great data points, my favorite being the info of what size home and number of beds and baths you’re likely to find per price quartile. Check it out!
Altos Research Profiles of Los Gatos single family homes by zip code
A link is provided to the full weekly report for each zip code. It will bring you to the page for single family homes (houses and duet, or single family attached, homes), but from there you can click on a tab and view the same type of data for condominiums and townhouses if any data exists for them.
Close to downtown – 95030 (read the full weekly report for Los Gatos 95030, which is automatically updated, here):
Primarily East, West, and North Los Gatos (view the Altos Research report for Los Gatos 95032 HERE):
The Los Gatos Mountains / Santa Cruz Mountains – 95033 (see the full 95033 weekly report here, no condo or TH in these areas):
All 3 Zip Codes combined
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
The market has been leveling off in Los Gatos, with median prices close to where they were a year ago but a little off from April’s closed sales. The average sale price is up 3.1% from last year, but down 1.5% from last month. Other data points are also mixed. Overall, the market is cooler than a year ago, but in most of the areas we track, warmer than the month before.
Trends at a Glance
|Trends At a Glance||May 2019||Previous Month||Year-over-Year|
|Median Price||$2,460,000 (-2.2%)||$2,515,000||$2,475,000 (-0.6%)|
|Average Price||$2,788,930 (-1.5%)||$2,830,520||$2,705,630 (+3.1%)|
|No. of Sales||37 (+76.2%)||21||30 (+23.3%)|
|Pending||43 (+16.2%)||37||46 (-6.5%)|
|Active||78 (+6.8%)||73||74 (+5.4%)|
|Sale vs. List Price||101.0% (+1.3%)||99.8%||103.6% (-2.4%)|
|Days on Market||22 (-38.4%)||36||25 (-11.8%)|
|Days of Inventory||63 (-37.3%)||101||74 (-14.5%)|