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.”
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.”
Data through Sep 2026
Los Gatos is a balanced market, but competition has been picking up. Here's where things stand:
Based on 65 homes sold in the 3 months ending September 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.
Data through September 2026
See how prices, monthly costs, and mortgage rates have moved in Los Gatos.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
The median sale price in Los Gatos is $2.44M — up 8% from $2.27M in October 2021. Over that stretch, the median peaked at $2.91M in April 2024 and bottomed at $1.86M in February 2025. That's right in line with the area's 5-year average of $2.42M. Each point is the median of a rolling 3-month window of closings, so the curve runs smoother than any single month; the multi-year direction is the signal.
What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $13,020 today, up 67% from $7,777 in October 2021. Most of that increase comes from mortgage rates (3.1% then vs. 7.0% now), not prices — at October 2021 rates, today's median would run about $8,374/mo.
Seasonally, the three months ending in June have been the busiest stretch for closings in Los Gatos over the past 5 years (about 119 sales in that window on average, vs. 66 for the stretch ending in February), while competition has run hottest in the stretch ending in April (62% of homes selling over asking on average). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.
Los Gatos is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.
At $2.44M, Los Gatos's median sits about 38% above the Bay Area average of $1.77M. Los Gatos is on the higher end of the regional market.
By home type:
Prices in Los Gatos depend heavily on home type and specific neighborhood. Median sale prices by type:
Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.
Los Gatos is a balanced market where neither side dominates:
Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.
At $2.44M with 20% down at 7.4%, your estimated total monthly cost is approximately $16,233:
HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.
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