14961 National Avenue Is Back Listed $100,000 Below What the Owner Paid
The owner of 14961 National Avenue paid $2,450,000 for it in November 2024. Twenty-three months later, the home is back on the market at $2,350,000 — $100,000 below that prior recorded sale, a 4.1 percent reduction built into the ask before negotiations begin.
| Detail | Value |
|---|---|
| Address | 14961 National Avenue, Los Gatos |
| List price | $2,350,000 |
| Prior sale price | $2,450,000 (November 8, 2024) |
| Ask vs. prior sale | -$100,000 (-4.1%) |
| Size | 1,881 sq ft |
| Beds / Baths | 3 / 2 |
| Price per sq ft (ask) | $1,249 |
| MLS | ML82064665 |
| Status | Active (listed October 15, 2026) |
How it compares with homes like it
The peer rule here: same type (single-family homes), within one bedroom of three, size within 25% of 1,881 sq ft, sold within the last 12 months, nearest radius that yields at least four sales. That search returned 21 sales within one mile.
At $1,249 per sq ft, National Avenue is priced below the peer group's median of $1,376 per sq ft across those 21 sales. The peer median sale price was $2,725,000 — $375,000 above the current ask. That gap is worth noting plainly: the list price is below where comparable homes have been recording.
The closest and most directly comparable recent sale is 185 Terreno De Flores Cir, 0.06 miles away — a 3-bed, 2-bath home at 1,710 sq ft that recorded at $1,750,000 in October 2026. It is smaller and came in lower, at $1,023 per sq ft. A touch farther, 119 Green Hill Way (3 bed, 2 bath, 1,646 sq ft) recorded at $2,200,000 in September 2026, or $1,337 per sq ft. National Avenue's ask of $1,249 per sq ft sits between those two data points on a per-foot basis, in a home larger than either.
Comparable sales
| Address | Recorded | Price | Sq ft | $/sq ft | Distance |
|---|---|---|---|---|---|
| 185 Terreno De Flores Cir | October 2026 | $1,750,000 | 1,710 | $1,023 | 0.06 mi |
| 219 Beethoven Ln | June 2026 | $2,100,000 | 2,100 | $1,000 | 0.45 mi |
| 172 Maricopa Dr | May 2026 | $2,000,000 | 1,453 | $1,376 | 0.52 mi |
| 119 Green Hill Way | September 2026 | $2,200,000 | 1,646 | $1,337 | 0.53 mi |
| 113 Mojonera Ct | June 2026 | $2,800,000 | 1,935 | $1,447 | 0.60 mi |
| 15546 Linda Ave | April 2026 | $2,450,000 | 1,749 | $1,401 | 0.60 mi |
| 15571 Linda Ave | October 2025 | $3,065,000 | 2,031 | $1,509 | 0.63 mi |
| 167 Las Astas Dr | January 2026 | $2,525,000 | 1,846 | $1,368 | 0.65 mi |
All eight dates are month-estimated from recorded data. Six of the eight peer sales closed above $2,200,000; five of the eight came in at $1,376 per sq ft or higher — all above National Avenue's current ask rate.
Single-family homes across Los Gatos
There are currently 160 single-family homes active in Los Gatos. Over the past 180 days, 257 have sold at a median price of $2,950,000 and a median of $1,211 per sq ft. The median active ask right now sits at $2,075,000. National Avenue's ask of $2,350,000 falls between those two figures — above the median active ask and below the median recent sale price across the city's single-family inventory.
How the Los Gatos market is doing
Across all property types in Los Gatos, 202 sales recorded in the past 180 days at a median price of $2,412,500 and $1,156 per sq ft, on a median home size of 2,130 sq ft. The same 180-day window one year ago produced 280 sales at a median of $2,400,000 and $1,132 per sq ft — so prices are roughly flat year-over-year while volume is down about 28 percent. The full price range runs from $355,000 to $7,800,000.
Within the 1,505–2,257 sq ft size band that includes National Avenue, 145 sales recorded at a median of $2,175,000 and $1,107 per sq ft.
What it would cost a month
At the list price of $2,350,000, the national 30-year average rate as of October 8, 2026 was 7.4 percent, per Freddie Mac's Primary Mortgage Market Survey. The figure below covers principal and interest only — it does not include taxes, insurance, or HOA dues.
Principal and interest only, on the 7.4% average 30-year rate published 2026-10-08 (Freddie Mac). Property taxes, insurance and any homeowners' dues are on top, and your own rate will depend on your lender, credit and deposit.
Three you could write an offer on today
These three homes are not listed for sale. That does not mean an offer cannot be made.
- 188 Terreno De Flores Cir — 1,928 sq ft, 3 bed / 2 bath, built 2003, last recorded sale $829,000 in October 2004, 0.05 miles away.
- 189 Terreno De Flores Cir — 1,782 sq ft, 3 bed / 2 bath, built 2003, last recorded sale $1,148,000 in December 2016, 0.06 miles away.
- 185 Terreno De Flores Cir — 1,710 sq ft, 3 bed / 2 bath, built 2003, last recorded sale $1,750,000 in October 2026, 0.06 miles away.
Every home in the Los Gatos market has a page on this site. An owner does not need to have their home listed to receive a written offer — the agent carries the offer to the owner directly. No one is committed to anything until both parties agree to terms in a signed contract. See how an offer works for the full process.
Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272
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