Monthly market wrap MONTHLY MARKET WRAP Los Gatos All home types · May 2026 The Los Gatos market tilted hotter in May: most key signals moved the seller's way. Median sale price $3.12M ▲ +44.9% vs Apr Time to pending 24d ▲ 6 days slower vs Apr Sold over asking 46% ▲ +5 pts vs Apr Active listings 63 ▼ -10.0% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Los Gatos All home types · May 2026 46% of Los Gatos homes sold over asking, so pricing right matters more than ever. 101.2% average sale price vs. asking price Sold over asking 46% vs. a year ago +9 pts 102.8% 101.5% 100.3% Sold at asking price 101.2% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Los Gatos All home types · May 2026 The typical Los Gatos home closes +1.2% above its asking price. +$666K median sale price minus asking price Median asking price $2.45M Median sale price $3.12M $2.81M $2.26M $1.71M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Los Gatos All home types · May 2026 Los Gatos home values are climbing, up +15.6% in a year. $3.12M median sale price Year over year +15.6% Homes sold last month 41 $2.65M $2.28M $1.9M $3.12M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Los Gatos All home types · May 2026 The typical Los Gatos home goes pending in 24 days, 1 day slower than last year. 24 days median time to pending Gone within two weeks 47% vs. a year ago 1 day slower 34d 22d 11d 24d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Los Gatos All home types · May 2026 Los Gatos inventory is down 7.4% year over year, a steadier supply picture for homes. 63 active listings Year over year -7.4% Months of supply 1.5 68 52 35 63 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Los Gatos? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Los Gatos All home types · May 2026 1 in 3 Los Gatos listings cut its asking price last month, down 5 pts from a year ago. 30% of active listings cut their asking price vs. a year ago -5 pts Active listings 63 36% 27% 17% 30% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Los Gatos All home types · May 2026 Los Gatos moves at two speeds: 47% of homes were gone inside two weeks while the rest sat longer. 47% of listings went pending within two weeks Median time to pending 24 days vs. a year ago +13 pts 56% 39% 21% Half of listings 47% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Los Gatos All home types · May 2026 December is historically Los Gatos's calmest month for buyers: 4.8 pts less over-asking than March. December historically the calmest month for buyers Buyer's edge vs March -4.8 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.2 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Los Gatos All home types · May 2026 A Los Gatos home bought in 2016 has gained +90% in value since. +90% median sale price growth since 2016 Median price in 2016 $1.65M Average gain per year +6.6% $2.4M $2.06M $1.72M $3.12M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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