Los Gatos Housing Market Report – March 2026
Here's a look at how the Los Gatos, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 44
- Median Sale Price: $2,050,750
- Average Sale Price: $2,215,200
- Average Price Per Sq Ft: $1,124
- Average Days on Market: 70
- Sale-to-List Price Ratio: 103.2%
Month-Over-Month Trends
Compared to February, the median sale price in Los Gatos moved 10.8% down (from $2,300,000 to $2,050,750). The number of homes sold was 15.8% up compared to the prior month (38 vs. 44). Average days on market shifted 12.9% up (62 days to 70 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.0% up (from $2,050,000 to $2,050,750). Sales volume is 21.4% down year-over-year.
What This Means
Los Gatos is showing mixed signals heading into spring. While sales volume picked up nicely month-over-month, jumping from 38 to 44 homes, the median price dipped nearly 11 percent to $2.05 million. That's actually flat compared to last March, suggesting we're not seeing the year-over-year appreciation many Silicon Valley communities have enjoyed. The bigger concern is the year-over-year sales decline of 21.4 percent, which hints that fewer buyers are competing for homes at these price points.
What's interesting is that homes are still selling above list price at a 103.2 percent ratio, yet they're lingering on the market longer—up to 70 days from 62 last month. This tells us that while there's still demand, it's more selective. Sellers are pricing aggressively, but buyers are taking their time and negotiating harder. The 194 active listings are also worth noting; that's a decent inventory level that gives buyers options, which is relatively rare in this area.
Spring seasonality might help activity, but Los Gatos buyers seem to have developed a cooler demeanor. Unless we see interest rates drop or significant new job growth in the region, expect the market to remain stable rather than hot through the second quarter.
Los Gatos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95032 | 23 | $2,275,000 | $1,253 | 30 |
| 95033 | 13 | $1,258,000 | $524 | 122 |
| 95030 | 8 | $3,262,500 | $1,653 | 85 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 34 | $2,334,500 | $1,186 |
| TOWNHOMES | 5 | $1,720,000 | $1,060 |
| CONDO | 2 | $1,616,750 | $870 |
| CONDOS | 2 | $481,500 | $484 |
| LAND | 1 | $180,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $400K - $499K | 2 |
| $500K - $749K | 2 |
| $750K+ | 39 |
Current Active Listings
As of this report, there are 194 active listings in Los Gatos with a median asking price of $1,924,000 and an average of 100 days on market.
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