Monthly market wrap MONTHLY MARKET WRAP Los Gatos Townhouses · May 2026 The Los Gatos market tilted hotter in May: most key signals moved the seller's way. Median sale price $1.47M ▼ -13.2% vs Apr Time to pending 15d ▼ 8 days faster vs Apr Sold over asking 57% ▲ +7 pts vs Apr Active listings 7 ▼ -12.5% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Los Gatos Townhouses · May 2026 Most Los Gatos townhouses are still selling over asking (57%). Price to invite competition. 101.3% average sale price vs. asking price Sold over asking 57% vs. a year ago +17 pts 106.0% 103.3% 100.6% Sold at asking price 101.3% 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 Townhouses · May 2026 The typical Los Gatos townhouse closes +1.3% above its asking price. -$989K median sale price minus asking price Median asking price $2.45M Median sale price $1.47M $2.67M $2.17M $1.68M 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 Townhouses · May 2026 Los Gatos townhouse values dipped -9.0% from a year ago. $1.47M median sale price Year over year -9.0% Homes sold last month 7 $1.65M $1.48M $1.3M $1.47M Apr 2019 Nov 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Los Gatos Townhouses · May 2026 The typical Los Gatos townhouse goes pending in 15 days, 8 days faster than last year. 15 days median time to pending Gone within two weeks 0% vs. a year ago 8 days faster 47d 31d 16d 15d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Los Gatos Townhouses · May 2026 Los Gatos inventory is down 46.2% year over year, keeping buyer choice tight. 7 active listings Year over year -46.2% Months of supply 1.0 13 9 5 7 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 Townhouses · May 2026 Price cuts are rare in Los Gatos: just 14% of listings reduced their asking price, up 7 pts from a year ago. 14% of active listings cut their asking price vs. a year ago +7 pts Active listings 7 67% 47% 27% 14% Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Los Gatos Townhouses · May 2026 Only 0% of Los Gatos townhouses went pending within two weeks. Most listings are taking their time. 0% of listings went pending within two weeks Median time to pending 15 days vs. a year ago -55 pts 65% 42% 19% Half of listings 0% 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 Townhouses · May 2026 October is historically Los Gatos's calmest month for buyers: 7.0 pts less over-asking than April. October historically the calmest month for buyers Buyer's edge vs April -7.0 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -2.7 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 Townhouses · May 2026 Los Gatos townhouse values are up +7% over the past 10 years. +7% median sale price growth since 2016 Median price in 2016 $1.37M Average gain per year +0.7% $1.56M $1.4M $1.23M $1.47M Mar 2016 Mar 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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