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Los Gatos › Local news

Four Los Gatos listings, $990K to $3M — and nothing else moved

No closings, no pending sales — just four new listings that appeared on the MLS feed on October 10, spanning nearly a $2 million price spread and two property types.
Tim McMullen · DRE #02016832
October 13, 2026 · 3 min read
Los Gatos

Four properties appeared on the MLS feed on October 10 in Los Gatos. Nothing went pending and nothing closed. The spread between the lowest and highest ask — $990,000 to $3,000,000 — is wide enough to tell four different stories about the same town.

What came on

AddressTypeList Price
19050 Skyline BoulevardSingle Family$3,000,000
147 Belglen LaneSingle Family$2,500,000
104 Cherry Hill CourtTownhouse$1,500,000
16133 Loretta LaneTownhouse$990,000

The two single-family listings account for $5.5 million of the $7.99 million total. The two townhouses fill out the lower end, with 16133 Loretta Lane at $990,000 sitting just under seven figures — relatively rare territory in a market where the city-wide median sale price over the last 180 days is $2,410,000 across 209 transactions.

How it compares with homes like it

Because this is a daily roundup rather than a single subject property, there is no single peer set to anchor a like-for-like comparison. What the record does show is that both property types that came on today have recent analogues in the closed-sales data. A townhouse at 546 Pine Wood Lane sold on September 15 for $1,140,000 at $750 per square foot. A larger single-family home at 16381 Roseleaf Court closed on September 14 at $3,200,000. Neither is a direct match for today's new listings, but they bracket the range.

Comparable sales

These are the six most recent recorded sales in Los Gatos from the market data, by MLS status change date.

AddressRecordedPriceSq ft$/sq ft
185 Howes DriveSeptember 16, 2026$1,760,0001,088$1,618
16359 Shady View LaneSeptember 16, 2026$2,800,0001,285$2,179
23914 Summit RdSeptember 15, 2026$1,530,0002,040$750
546 Pine Wood LaneSeptember 15, 2026$1,140,0001,520$750
16381 Roseleaf CourtSeptember 14, 2026$3,200,0002,049$1,562
104 Edelen AvenueSeptember 10, 2026$1,875,0002,000$938

The per-square-foot range across these six sales — $750 to $2,179 — is as wide as the range in today's new listings, which is a reliable sign of how much location and lot size move the number in this market.

Single-family homes and townhouses across Los Gatos

The city-wide market data covers all property types. Over the last 180 days, the median sale price across 209 transactions was $2,410,000, with a median size of 2,129 square feet and a median price per square foot of $1,166. The low end of recorded sales in that window was $355,000; the high was $7,800,000. Today's Loretta Lane townhouse at $990,000 sits well below the city median. Today's Skyline listing at $3,000,000 sits above it.

How the Los Gatos market is doing

All property types combined: 209 sales over the last 180 days at a median of $2,410,000 and $1,166 per square foot. A year earlier, the same 180-day window produced 278 sales at a median of $2,400,000 and $1,132 per square foot. Volume is down roughly 25 percent year over year. The median price is essentially flat — up about $10,000, or less than half a percent. The median per-square-foot figure moved from $1,132 to $1,166, a 3 percent gain. A slower market with prices holding is the short read.


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

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Tim McMullen
The agent behind The Los Gatos Market Tim McMullen

California real estate broker, CA DRE #02016832. One licensed agent runs The Los Gatos Market: publishes the record, answers the questions and takes the calls. No listing required, no obligation.

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