Los Gatos Real Estate and Los Gatos Homes For Sale

Los Gatos Real Estate

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
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The median list price for Los Gatos Real Estate  this week is $1,599,750. The 132 assets have been on the market for an average of 148 days. Inventory is up and Market Action is trending down recently. While day’s on-market gives the impression to be trending lower, the general conditions are weakening a bit. Average list price $1,599,750 , requesting price per square foot $639, regular age of listing 41, percent of assets with price reduction 22%, median house size 2788 with lot size 8,001-10,000 square feet, 4 bedrooms, 3 baths.

 Resource and Demand the market is continues to get sizzling. More Los Gatos real estate listings demand and fewer homes listed have backed to a relatively long run of increasing prices. Present supply and demand levels show no sign of prices changing from their current trend.

Again this week we see a downward slash for prices. Estimating has been weak in recent weeks and versus their absolute-high levels. Not unexpectedly, given the condition of the overall market, all data values have shown price strength in recent weeks. All have been cumulative in price lately.

Notwithstanding newly falling prices, the price per square foot has stayed reasonably level. This implies that there’s a portion of the market being priced at a premium. You can explore this condition in the data values details. Inventory has been climbing lately. Note that rising Los Gatos homes for sale alone does not signal a weakening market. Look to data values to measure whether buyer attention is keeping up with available supply. The Los Gatos real estate market is currently in the Seller’s Advantage it indicates that demand is strong and available supply of homes gets snapped up moderately swiftly. All sections in the market are showing high levels of petition. Often one end of the market will fade before the rest of the market and signal a slowdown for the whole collection.

Suburban house prices are a function of supply and demand, and market conditions can be characterized by evaluating those factors.

The homes have been on the market for an average of 148 days. Half of the listings have come recently on the market in the past 45 or so days. It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower value data.

© 2017 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of July 20th, 2017 at 7:43pm CDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.