Monthly market wrap MONTHLY MARKET WRAP Los Gatos Single-family homes · May 2026 Los Gatos held steady in May: the key market signals were mixed. Median sale price $3.55M ▼ -2.7% vs Apr Time to pending 24d ▲ 10 days slower vs Apr Sold over asking 43% ▲ +0 pts vs Apr Active listings 37 ▼ -21.3% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Los Gatos Single-family homes · May 2026 43% of Los Gatos SFHs sold over asking, so pricing right matters more than ever. 101.7% average sale price vs. asking price Sold over asking 43% vs. a year ago +4 pts 104.0% 102.4% 100.8% Sold at asking price 101.7% 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 Single-family homes · May 2026 The typical Los Gatos SFH closes +1.7% above its asking price. +$1.1M median sale price minus asking price Median asking price $2.45M Median sale price $3.55M $3.24M $2.52M $1.8M 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 Single-family homes · May 2026 Los Gatos SFH values are climbing, up +15.3% in a year. $3.55M median sale price Year over year +15.3% Homes sold last month 30 $3.22M $2.79M $2.36M $3.55M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Los Gatos Single-family homes · May 2026 The typical Los Gatos SFH goes pending in 24 days, 4 days slower than last year. 24 days median time to pending Gone within two weeks 57% vs. a year ago 4 days slower 37d 25d 12d 24d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Los Gatos Single-family homes · May 2026 Los Gatos inventory is down 11.9% year over year, a steadier supply picture for SFHs. 37 active listings Year over year -11.9% Months of supply 1.2 44 33 21 37 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 Single-family homes · May 2026 1 in 3 Los Gatos listings cut its asking price last month, down 5 pts from a year ago. 35% of active listings cut their asking price vs. a year ago -5 pts Active listings 37 41% 31% 21% 35% 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 Single-family homes · May 2026 Los Gatos moves at two speeds: 57% of SFHs were gone inside two weeks while the rest sat longer. 57% of listings went pending within two weeks Median time to pending 24 days vs. a year ago +21 pts 58% 41% 24% Half of listings 57% 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 Single-family homes · May 2026 December is historically Los Gatos's calmest month for buyers: 5.4 pts less over-asking than March. December historically the calmest month for buyers Buyer's edge vs March -5.4 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.5 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 Single-family homes · May 2026 A Los Gatos SFH bought in 2016 has gained +104% in value since. +104% median sale price growth since 2016 Median price in 2016 $1.74M Average gain per year +7.4% $2.95M $2.48M $2M $3.55M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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