Four Los Gatos homes listed the same morning — $2.3 million apart
The widest spread among the day's four new listings tells the sharpest story: Marchmont Drive asked $3,480,000 while Betty Ann Court asked $1,199,000 — a $2,281,000 gap across four homes that all hit the Los Gatos MLS feed on the same morning. Nothing went pending. Nothing recorded a closing.
What appeared on October 16
| Address | Type | List Price |
|---|---|---|
| 16623 Marchmont Drive | Single Family | $3,480,000 |
| 337 Johnson Avenue | Single Family | $3,300,000 |
| 17275 Melody Lane | Single Family | $1,699,000 |
| 21513 Betty Ann Court | Single Family | $1,199,000 |
All four appeared on the MLS feed on October 16. No square footage, bed count or lot data was available in the feed at the time of publication.
How it compares with homes like it
Because this is a daily roundup rather than a single subject property, there is no one-to-one peer comparison to run. What the four listings do share: all are single-family, and their prices bracket most of what has traded in Los Gatos over the last six months. The top two — Marchmont Drive and Johnson Avenue — sit well above the 180-day median sale price of $2,450,000 among the 198 sales recorded across the city. Melody Lane and Betty Ann Court fall below it.
Comparable sales
The six most recent recorded single-family sales in Los Gatos provide context for where the new listings sit in the market. All dates are from MLS status changes.
| Address | Recorded | Price | Sq ft | $/sq ft | Lot sq ft |
|---|---|---|---|---|---|
| 185 Howes Drive | September 16, 2026 | $1,760,000 | 1,088 | $1,618 | 6,059 |
| 16359 Shady View Lane | September 16, 2026 | $2,800,000 | 1,285 | $2,179 | 8,901 |
| 23914 Summit Rd | September 15, 2026 | $1,530,000 | 2,040 | $750 | 45,738 |
| 546 Pine Wood Lane | September 15, 2026 | $1,140,000 | 1,520 | $750 | 1,936 |
| 16381 Roseleaf Court | September 14, 2026 | $3,200,000 | 2,049 | $1,562 | 8,010 |
| 104 Edelen Avenue | September 10, 2026 | $1,875,000 | 2,000 | $938 | 6,600 |
Across these six recent sales, the per-square-foot range runs from $750 to $2,179 — a reminder that lot size, location within town and condition move the number as much as the house itself.
Single-family homes across Los Gatos
Over the last 180 days, 198 single-family sales closed in Los Gatos. The median sale price was $2,450,000, the median size was 2,148 square feet, and the median price per square foot was $1,162. The lowest recorded sale in that window was $495,000; the highest was $7,800,000. Betty Ann Court's ask of $1,199,000 is near the lower end of that range. Marchmont Drive's ask of $3,480,000 is above the median but not near the ceiling.
How the Los Gatos market is doing
Comparing the same 180-day window one year earlier — all property types — 285 sales closed versus 198 in the current period, a drop of roughly 30 percent in transaction volume. The median sale price moved from $2,400,000 to $2,450,000, and the median price per square foot moved from $1,134 to $1,162. Fewer deals are getting done, but the prices on the deals that do close have edged up.
Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272
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