Alpine Avenue asked $6.998 million — and Hamsher Court asked $1.089 million. Same day, same Los Gatos MLS.

The widest spread in a single day's new listings tells its own story. Four properties appeared on the MLS feed on October 6 in Los Gatos, ranging from a $1.089 million condominium on Hamsher Court to a $6.998 million single-family home on Alpine Avenue — a gap of nearly $5.91 million between the day's cheapest and most expensive asks.

The day's new listings

Nothing went pending on October 6. Nothing recorded as closed.

How the new listings sit against each other

The two single-family homes bracket either end of the day's range. At $6.998 million, 38 Alpine Avenue is the loudest entry — nearly 4.4 times the price of 24766 Skyland Road at $1.575 million. The two condominiums at 788 Pollard Road ($1.198 million) and 16319 Hamsher Court ($1.089 million) are priced within $109,000 of each other, suggesting sellers in that segment are reading the same comparable sales. No like-for-like peer sales data was available for individual property comparisons on a daily roundup.

Single-family homes and condominiums across Los Gatos

Over the last 180 days, 218 sales of all property types closed in Los Gatos at a median price of $2,405,000 and a median $1,162 per square foot, on a median home size of 2,148 square feet. The two condominiums that appeared today are both priced below that citywide median. The Alpine Avenue single-family listing is priced well above it — though that citywide figure mixes all property types and sizes, so it is context, not a direct comparison.

The two condominiums are worth watching in their own lane. 546 Pine Wood Lane, a 3-bedroom, 1,520-square-foot townhome, recorded at $1,140,000 (at $750 per square foot) on September 15. At $1,089,000 and $1,198,000, the two new condo listings are priced in that vicinity, though without square footage data in the MLS feed it is not possible to calculate a per-square-foot figure for today's new entries.

How the Los Gatos market is doing

Across all property types, Los Gatos recorded 218 sales in the last 180 days at a median price of $2,405,000 — up from $2,381,500 over the same window a year ago, a gain of roughly $23,500 at the median. Median price per square foot moved from $1,136 to $1,162 year over year. Volume dropped: the prior-year same-period window produced 282 sales versus 218 now, a decline of about 23 percent. The recorded price range over the last 180 days runs from $355,000 to $7,800,000 across 218 transactions. Recent closed sales include 16381 Roseleaf Court (4 beds, 2,049 sq ft) at $3,200,000 on September 14 and 185 Howes Drive (2 beds, 1,088 sq ft) at $1,760,000 on September 16, both per MLS status change records.

Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272