Monthly market wrap MONTHLY MARKET WRAP Los Gatos Condos · May 2026 The Los Gatos market tilted hotter in May: most key signals moved the seller's way. Median sale price $530K ▼ -37.6% vs Apr Time to pending 37d ▼ 7 days faster vs Apr Sold over asking 33% ▲ +33 pts vs Apr Active listings 13 ▼ -7.1% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Los Gatos Condos · May 2026 33% of Los Gatos condos sold over asking, so pricing right matters more than ever. 96.3% average sale price vs. asking price Sold over asking 33% vs. a year ago +13 pts 101.0% 97.5% 94.1% Sold at asking price 96.3% May 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 Condos · May 2026 Los Gatos condos are closing +3.7% below asking. The list price has become a starting point. -$1.92M median sale price minus asking price Median asking price $2.45M Median sale price $530K $2.51M $1.72M $926K Sold Asking May 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Los Gatos Condos · May 2026 Los Gatos condo values dipped -21.5% from a year ago. $530K median sale price Year over year -21.5% Homes sold last month 3 $1.26M $988K $713K $530K Apr 2019 Nov 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Los Gatos Condos · May 2026 Los Gatos condos are taking 37 days to sell, 655 days faster than last year, so patience and pricing win. 37 days median time to pending Gone within two weeks 25% vs. a year ago 655 days faster 687d 458d 229d 37d May 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Los Gatos Condos · May 2026 Los Gatos inventory is flat year over year, a steadier supply picture for condos. 13 active listings Year over year +0.0% Months of supply 4.3 16 12 8 13 May 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 Condos · May 2026 1 in 3 Los Gatos listings cut its asking price last month, down 15 pts from a year ago. 31% of active listings cut their asking price vs. a year ago -15 pts Active listings 13 41% 31% 20% 31% May 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Los Gatos Condos · May 2026 Only 25% of Los Gatos condos went pending within two weeks. Most listings are taking their time. 25% of listings went pending within two weeks Median time to pending 37 days vs. a year ago +25 pts 41% 25% 9% Half of listings 25% May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Los Gatos Condos · May 2026 February is historically Los Gatos's calmest month for buyers: 2.9 pts less over-asking than April. February historically the calmest month for buyers Buyer's edge vs April -2.9 pts Years of Redfin data 9+ Yearly average J F M A M J J A S O N D -1.1 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 Condos · May 2026 Los Gatos condo values are down -48% from 10 years ago. -48% median sale price growth since 2016 Median price in 2016 $1.01M Average gain per year -6.3% $1.03M $802K $571K $530K Oct 2015 Apr 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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