December 1969 Report
Single Family Homes in Santa Clara County, Los Gatos, All Neighborhoods Change >
Average Price$2,372,120
-8.4%
Pending Properties43
-30.6%
Sale/List Price Ratio98.6%
-0.9%
Days of Inventory48
-31.6%
Trends at a Glance
| Trends At a Glance |
Oct-Dec 2022 |
Previous Quarter |
Year-over-Year |
| Median Price |
$2,437,500 (+3.1%) |
$2,363,500 |
$2,600,000 (-6.3%) |
| Average Price |
$2,372,120 (-8.4%) |
$2,588,680 |
$2,843,390 (-16.6%) |
| No. of Sales |
79 (-12.2%) |
90 |
121 (-34.7%) |
| Pending |
43 (-30.6%) |
62 |
52 (-17.3%) |
| Active |
42 (-40.0%) |
70 |
17 (+147.1%) |
| Sale vs. List Price |
98.6% (-0.9%) |
99.5% |
106.1% (-7.0%) |
| Days on Market |
41 (+14.0%) |
36 |
29 (+42.3%) |
| Days of Inventory |
48 (-31.6%) |
71 |
13 (+278.4%) |
Market Commentary
Prices improved in Oct-Dec 2022 with the median price climbing 3.1% from the previous quarter, down 6.3% compared to last year. The average price fell 8.4%, a yearly loss of 16.6%.
Inventory fell 35.6% from last quarter, and was up 23.2% year-over-year.