Los Gatos Housing Market Report – June 2026
Here's a look at how the Los Gatos, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 63
- Median Sale Price: $2,570,000
- Average Sale Price: $2,677,142
- Average Price Per Sq Ft: $1,201
- Average Days on Market: 72
- Sale-to-List Price Ratio: 98.4%
Month-Over-Month Trends
Compared to May, the median sale price in Los Gatos moved 4.5% up (from $2,460,000 to $2,570,000). The number of homes sold was 4.5% down compared to the prior month (66 vs. 63). Average days on market shifted 44.0% up (50 days to 72 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 24.8% up (from $2,060,000 to $2,570,000). Sales volume is 16.7% up year-over-year.
What This Means
Los Gatos continues to show strength in the luxury segment, with median prices climbing 24.8% year-over-year to $2.57 million. That's a substantial gain reflecting sustained demand for the area's prestigious schools and Silicon Valley proximity. However, this month's month-over-month trends suggest the market may be hitting a plateau. Median prices rose 4.5%, but sales dipped from 66 to 63 homes, and more tellingly, homes are now sitting on the market 44% longer—72 days versus 50 in May. This slowdown is likely seasonal, as early summer typically brings a minor pause before late-summer activity picks up, but it's worth monitoring.
The 98.4% sale-to-list ratio indicates sellers still have leverage, though the lengthening days on market suggests less urgency among buyers. With 217 active listings and properties averaging 129 days unsold, inventory is building relative to transaction volume. For sellers, this means pricing strategically matters more than it did six months ago. The single-family home dominance (79% of sales) remains consistent, reflecting Los Gatos' character as an established suburban community. Overall, the market remains healthy but cooling—neither a buyer's nor seller's clear advantage at the moment.
Los Gatos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95032 | 39 | $2,800,000 | $1,323 | 63 |
| 95030 | 13 | $3,175,000 | $1,223 | 97 |
| 95033 | 11 | $1,241,730 | $721 | 75 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 50 | $2,960,000 | $1,268 |
| CONDOS | 4 | $985,000 | $801 |
| LAND | 3 | $880,000 | N/A |
| TOWNHOMES | 3 | $1,485,000 | $1,038 |
| MOBILE | 1 | $460,000 | $329 |
| CONDO | 1 | $1,680,000 | $1,167 |
| MULTI_FAMILY | 1 | $1,661,000 | $831 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 1 |
| $750K+ | 61 |
Current Active Listings
As of this report, there are 217 active listings in Los Gatos with a median asking price of $1,795,000 and an average of 129 days on market.
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