Downtown Los Gatos, Los Gatos Housing Market

Downtown Los Gatos, Los Gatos Market Snapshot

Downtown Los Gatos is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 6 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$3.51M
Up 66.3% from March 2025
Up $1.40M from March 2025
Homes Sold
6
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$21,235/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$17,393
  • Property Tax$3,659
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
9.5 days
13 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
107.6%
Up from 98.7% in March 2025
Selling 8% above asking
% Sold Over Asking
67%
67% of homes sold above their asking price
Active Listings
9
Up 28.6% from March 2025
About 1.5 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Downtown Los Gatos.

Median Sale Price
Up 66.3% year-over-year in Downtown Los Gatos. Based on 6 sales in the most recent month.
Homes Sold
Total Monthly Payment
Estimated monthly cost is up 62% from a year ago in Downtown Los Gatos, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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