12 new real estate properties in Los Gatos, California have been added to Ofirio in the last 7 days.
Of those new properties:
Los Gatos, California has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 2% lower than than the list price. Homes in Los Gatos, California are on the market for 54 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 3 Beds segment and it is 62% ($1,075,500) more than the week prior.
The average closing price for real estate in Los Gatos California has grown by 1% from the last week, which amounted to $2,639,744.
As of February 2023 Los Gatos, CA is a seller market which means homes sell faster at a higher price. In February 2023, 0 homes (0.0%) sold at asking price, 12 homes (57.1%) sold below asking price, and 9 homes (42.9%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 20.9% from $2,200,000 in February 2022 to $2,660,000 in February 2023. The number of homes sold in Los Gatos, CA has decreased by 59.6% over the last year from 47 in February 2022 to 19 homes in February 2023.
Homes in Los Gatos, CA have sold for 13.5% less per ft² than they did a year ago. As of February 2023 the average price per square foot is $1,086.