Two Los Gatos houses closed above asking on September 19, while three more hit the market near $6 million
16912 Kennedy Road closed at $3,100,000 on September 19, against a list price of $2,898,000 — a gap of $202,000, or roughly 7 percent over ask. At 1,757 square feet, it recorded $1,764 per square foot. That is the sharpest per-foot figure of the two closings that day, and it sits well above the $1,166 citywide median price per square foot across 237 single-family sales in the last 180 days.
152 Via De Tesoros also closed above its list price: $3,278,000 against $3,150,000 asking, a $128,000 premium on a 2,701-square-foot house. Its recorded price per square foot was $1,214.
No listings went pending on September 19.
What came on the market
Three single-family homes appeared on the MLS feed on September 19.
| Address | List Price |
|---|---|
| 217 Mistletoe Road | $5,987,000 |
| 17085 Summit Way | $5,980,000 |
| 101 Ravinia Way | $2,588,888 |
The Mistletoe Road and Summit Way listings are separated by $7,000 — effectively the same price point — and together they represent two of the higher asks to hit the Los Gatos MLS in a single day this cycle. Ravinia Way comes in well under both at $2,588,888, closer to the citywide median.
Recorded closings
| Address | Recorded | List Price | Sale Price | Sq ft | $/sq ft |
|---|---|---|---|---|---|
| 16912 Kennedy Road | 2026-09-19 | $2,898,000 | $3,100,000 | 1,757 | $1,764 |
| 152 Via De Tesoros | 2026-09-19 | $3,150,000 | $3,278,000 | 2,701 | $1,214 |
Both closings are single-family homes. Both cleared their list prices. Kennedy Road's $1,764 per square foot is the day's high-water mark on a per-foot basis.
Single-family homes across Los Gatos
The city's recent-sale record for single-family homes includes some wide spread. Among the most recent closings in the MLS data: 16 Shady View Lane fetched $2,179 per square foot on a 1,285-square-foot house on September 16, while 23914 Summit Road and 546 Pine Wood Lane each recorded $750 per square foot, on September 15. That range — $750 to $2,179 per square foot — reflects how sharply location, lot size, and condition move the needle here. Kennedy Road's $1,764 lands in the upper portion of that spread.
How the Los Gatos market is doing
Across all property types, Los Gatos recorded 237 sales in the last 180 days, with a median price of $2,385,000, a median price per square foot of $1,166, and a median home size of 2,130 square feet. The comparable 180-day window a year ago produced 278 sales at a median price of $2,337,500 and $1,136 per square foot. Sales volume is down about 15 percent year over year; the median price is up about 2 percent. The market's recorded range runs from $296,820 to $7,800,000.
Tim McMullen · Tim McMullen, Broker · CA DRE #02016832
[email protected] · (415) 691-9272
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