Los Gatos Real Estate Market Trends

Los Gatos real estate market graphic with home near downtown - photo by Mary Pope-HandyThe Los Gatos real estate market in September was strong for single family homes, cool for condos and townhouses, and a cold market in the mountains. This is a repeat from July and August, more or less.

Per Altos Research (see below), the hottest segment of the market in Los Gatos is the 95032 area.

 

 1 – Los Gatos real estate market statistics for the “in town” areas: multi year data

Here is some Los Gatos real estate market data that I pulled directly from the MLS. This is for the in town areas of 95032 and 95030.

Inventory of available homes for sale in Los Gatos 95030 and Los Gatos 95032

Click on any of the images below and a larger version will pop up in a new tab and be easier to read.

Inventory in September rose substantially but didn’t break any records.

 

Los Gatos real estate market data - active listings by month

 

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Los Gatos Mountains 95033 Real Estate Market

The real estate market in the Los Gatos Mountains area continued to be quite cool.

  • The number of closed sales dropped monthly and annually.
  • The number of pending sales grew from both the month before and the year before.
  • The number of active listings rose year over year also also month over month.
  • The sale to list price was higher than the month before and also the year before.
  • The median sale price was up both year over year and month over month.
  • The average sale price fell annually but and monthly.

(If you are viewing this on a mobile device, the table below will scroll if you swipe it.)

Trends at a Glance: Los Gatos Mountains 95033

Trends At a GlanceSep 2026Previous MonthYear-over-Year
Median Price$1,684,500 (+4.0%)$1,620,000$1,569,000 (+7.4%)
Average Price$1,616,000 (-6.2%)$1,722,840$1,622,440 (-0.4%)
No. of Sales6 (-53.8%)138 (-25.0%)
Pending17 (+41.7%)1211 (+54.5%)
Active64 (+4.9%)6153 (+20.8%)
Sale vs. List Price99.7% (+4.6%)95.3%93.6% (+6.5%)
Days on Market57 (+12.3%)5091 (-37.4%)
Days of Inventory309 (+119.7%)141192 (+61.0%)

 

And in August:

Trends At a GlanceAug 2026Previous MonthYear-over-Year
Median Price$1,620,000 (-0.7%)$1,631,000$1,640,000 (-1.2%)
Average Price$1,722,840 (-0.6%)$1,733,680$1,658,330 (+3.9%)
No. of Sales13 (+18.2%)119 (+44.4%)
Pending12 (-36.8%)1914 (-14.3%)
Active61 (+1.7%)6052 (+17.3%)
Sale vs. List Price95.3% (-4.0%)99.4%96.6% (-1.3%)
Days on Market50 (-20.1%)6377 (-34.7%)
Days of Inventory141 (-14.0%)164173 (-18.8%)

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Los Gatos homes for sale

Los Gatos Homes for sale - Charter Oaks townhome neighborhood offers a great valueLos Gatos is a very spread out town, covering about 10 square miles. If you are looking online for Los Gatos homes for sale, it can help to narrow the field by zip code, school district, or proximity to something important, such as commute routes or restaurants.  As a starting point, though, browsing the inventory of available properties on the market can help tremendously This can give you a feel for home prices in town and how much real estate your budget can buy. Please note that the Los Gatos real estate market varies by many things, including price point and high school district.

Where can you find Los Gatos homes for sale?

The vast majority of Los Gatos houses, townhomes and condos on the market will be found in the multiple listing service, or MLS, and nearly all (99%?) of those will be visible on the feeds below.  These are part of the internet data exchange, or IDX.  Some listing agents or brokers (or sellers) may “opt out”, but that reduces the visibility, so is uncommon. I work with my clients to scour 100% of the listings on the MLS as well as the privately shared “coming soon” opportunities (not for public view).  Often I will also reach out to my colleagues to see if any of them have pocket listings, which means not publicly advertised on the multiple listing. Networking is an old skill and yet another reason why home buyers do better if they have a buyer’s agent rather than try to go it alone.  Sometimes I end up needing to really beat the bushes for a particular kind of property, and in those cases I will research and move on expired, cancelled, or withdrawn listings, as well.

One more note: Los Gatos has two “in town” zip codes, 95030 and 95032.  The Los Gatos Mountains is the hilly, coastal range area between this town and Scotts Valley in Santa Cruz County and it’s generally an unincorporated region. If you do a web search for “homes for sale Los Gatos CA” you could be looking at listings in the remote nooks and crannies of the Santa Cruz Mountains, so please be aware of zip codes. (95031 is just post office boxes, by the way.) (more…)

Los Gatos & Saratoga CA historical real estate data 2005 – 2014

Today on my “Live in Los Gatos” blog, I included 5 images with graphs of the historical sales date for Los Gatos (zips 95030, 95032, and the mountains, zip 95033) and Saratoga 95070. Below is one of the five – to see all, please continue to this article:

Los Gatos & Saratoga real estate sales statistics 2005 – 2014

http://liveinlosgatosblog.com/los-gatos-saratoga-real-estate-sales-statistics-2005-2014/

 

Saratoga median price and average DOM

 

 

 

How is the Los Gatos Real Estate Market Faring?

How’s the Los Gatos real estate market? Generally speaking, it is a seller’s market overall in the 95030 and 95032 zip code areas (in town).  That said, remember that it can vary a lot between price points and school districts, let alone neighborhood, sale type (regular vs distressed).  Real estate is always local!

Today we’ll look at the LG market both with a view to the sold data we have as well as the current listings activity.  We’ll view the “in town” areas and also the mountain areas. First addressed will be the market as seen by the “sold data” – houses, then condominiums & townhouse.  (Long post but loads of info!)

Los Gatos & Los Gatos Mountain Housing Market Trends

I. Sold listings data for Los Gatos houses

Houses in Los Gatos & Los Gatos Mountains – housing trends using sold data

(1)  In town

First, housing trends “in town”, utilizing my Real Estate Report, which comes out monthly (and includes all of Santa Clara County):

 

 

Below is the summary of market trends in Los Gatos for the most current month, January 2011 (using sold data):

 

Trends At a GlanceJan 2011Previous MonthYear-over Year
Median Price$1,072,500$1,000,000 (+7.2%)$985,000 (+8.9%)
Average Price$1,173,770$1,203,520 (-2.5%)$1,264,620 (-7.2%)
No. of Sales3031 (-3.2%)13 (+130.8%)
Pending Properties3539 (-10.3%)30 (+16.7%)
Active10787 (+23.0%)101 (+5.9%)
Sale vs. List Price96.7%96.5% (+0.1%)98.2% (-1.6%)
Days on Market5969 (-15.0%)41 (+43.3%)

 

(2) Los Gatos Mountains

The Los Gatos Mountain communities (zip code 95033) usually have a slower market (harder to sell homes, even in “hot” years -compare 2007 for in town and in the mountains). December was improved, though, interestingly.
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