Los Gatos - April 2008 - Real Estate Market Analysis

SUPPLY AND DEMAND - PAST YEARS

Los Gatos continues to see a more healthy market than other parts of the county. Here is a raw breakdown of the big numbers:

Inventory: +47.4%
homes on market: 168
New Listings: +11.5%
For total of homes listed: 68
Sales: -46.3%
home sold: 22
Months of Inventory Available: 7.6

You can also think of the "Months of inventory" number as the number of homes on the market for every one that sells.

SUPPLY AND DEMAND - PAST MONTHS

Inventory: 11.3% Listed: -8.1% Sales: +15.8%

HOME PRICES - PAST YEARS

Average home price: +5.7%
The average home price was $1,908,745
Median Price was: $1,565,000
Highest Priced SFR Sold:

14411 SHANNON RD, Los Gatos 95032 (Los Gatos) SOLD: $7,700,000 LIST: $7,900,000 CDOM: 8

Lowest Price SFR Sold:

216 UNION AV, Los Gatos 95032 (Los Gatos) SOLD: $656,900 LIST: $654,900 Days On Market: 126

Average Price Per Square Foot: $716.11

ACTIVES:
Av. Price Per Square Foot:$ 800.82
Av. Asking Price:$2,906,940

HOME PRICES - PAST MONTHS

Average home price: $1,908,745
Percentage Price Change: +9.6%
Median Price Change: +11.8%
Total Homes Sold:

DAYS TO SELL - PAST YEARS

Days to sell change: Days= -5 (Percentage = -7.9%) Lowest Days On Market: 3 Longest Days On Market: 251
Average Days On Market for Actives: 135

No unusual number of long listed homes this month

DAYS TO SELL - PAST MONTHS

Days to sell: +11.5%
Increase of : 6 Days