Los Gatos Mountains Annual Real Estate Trends

Los Gatos Mountains
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 154 65 $399,000 $404,557        
1997 158 85 $505,000 $497,703 2.6% 30.8% 26.6% 23.0%
1998 141 64 $525,000 $546,155 -10.8% -24.7% 4.0% 9.7%
1999 136 81 $574,000 $659,807 -3.5% 26.6% 9.3% 20.8%
2000 136 96 $742,000 $753,910 0.0% 18.5% 29.3% 14.3%
2001 128 54 $688,500 $731,509 -5.9% -43.8% -7.2% -3.0%
2002 143 60 $750,000 $773,928 11.7% 11.1% 8.9% 5.8%
2003 126 54 $790,000 $822,007 -11.9% -10.0% 5.3% 6.2%
2004 139 89 $870,000 $905,638 10.3% 64.8% 10.1% 10.2%
2005 256 112 $889,000 $992,613 84.2% 25.8% 2.2% 9.6%
2006 302 94 $930,000 $1,002,716 18.0% -16.1% 4.6% 1.0%
2007 152 85 $872,000 $923,218 -49.7% -9.6% -6.2% -7.9%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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