Home Sales Increase in Los Gatos Real Estate Market

The Los Gatos market warmed up in this week's report, as the number of home sales rose 16.1%, pushing the total to 36 homes sold over the last 30 days. Within the same time frame, San Jose had 645 sales, the most of all cities in the area. Prices are rising in Los Gatos, and the median sales price this period increased from $1,459,000 to $1,464,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Los Gatos is a definite seller's market.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Los Gatos:

$1.2M   $2.8M   $3.7M  

Get started right now by checking out Los Gatos homes for sale or reviewing Los Gatos real estate trends.

Demographic facts for Los Gatos:

  • There are 5.3% vacant homes.
  • The area gets 256 sunny days a year. (U.S. average: 205)
  • The annual job growth rate is 1.75%.
  • There are 2,094 students for every librarian. (803 = national average)

Data reported through 10/12/2016

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