Los Gatos, California, real estate and market report. August 2018

Los Gatos real estate trends. August 2018. Call  408-898-1948. www.ruthandperry.com MARKET SUMMARY August 2018 | All Property Types (SFH & Condos/Townhomes) Market Month to Date Year to Date Summary August 2018 August 2017 Percent Change Year-To-Date 2018 Year-To-Date 2017 Percent Change New Listings 50 50 0%  438 404 8.42%  Sold Listings 34 40 -15%  292 299 -2.34%  Median Listing Price $1,812,250 $1,849,500 -2.01%  $1,867,000 $1,799,000 3.78%  Median Selling Price $1,912,500 $1,907,500 0.26%  $2,015,000 $1,800,000 11.94%  Median Days on Market 27 15 80%  11 10 10%  List/Sell Price Ratio 101.7% 102% -0.29%  105.7% 102.2% 3.5%  Average Listing Price $2,121,702 $2,214,173 -4.18%  $2,055,210 $1,980,692 3.76%  Average Selling Price $2,138,058 $2,213,076 -3.39%  $2,132,836 $2,007,024 6.27%  Average Days on Market 38 32 18.75%  22 21 4.76%  SOLD AND NEW PROPERTIES (UNITS) August 2018 | All Property Types (SFH & Condos/Townhomes) Sold Properties | Number of properties sold during the year New Properties | Number of properties listed during the year.

LOS GATOS | LOS GATOS/MONTE SERENO MEDIAN SALES PRICE AND NUMBER OF SALES August 2018 | All Property Types (SFH & Condos/Townhomes) AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET August 2018 | All Property Types (SFH & Condos/Townhomes) Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price. Number of Sales | Number of properties sold. Average Sales Price | Average sales price for all properties sold. Average Days on Market | Average days on market for all properties sold.

LOS GATOS | LOS GATOS/MONTE SERENO SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE August 2018 | All Property Types (SFH & Condos/Townhomes) AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE August 2018 | All Property Types (SFH & Condos/Townhomes) Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price. Average Sales Price | Average sales price for all properties sold. Properties for Sale | Number of properties listed for sale at the end of month.

LOS GATOS | LOS GATOS/MONTE SERENO PROPERTIES FOR SALE AND SOLD PROPERTIES August 2018 | All Property Types (SFH & Condos/Townhomes) AVERAGE ASKING/SOLD/UNSOLD PRICE August 2018 | All Property Types (SFH & Condos/Townhomes) Properties for Sale | Number of properties listed for sale at the end of month. Sold Properties | Number of properties sold. Unsold Price | the average active list price Asking Price | the average asking price of sold properties Sold Price | the average selling price

LOS GATOS | LOS GATOS/MONTE SERENO ABSORPTION RATE August 2018 | All Property Types (SFH & Condos/Townhomes) MONTHS SUPPLY OF INVENTORY August 2018 | All Property Types (SFH & Condos/Townhomes) Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property. Months Supply of Inventory | Properties for sale divided by number of properties sold. Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold.