Recently in Los Gatos, a condo that sold for $1.3 million was highlighted as the most affordable sale. This figure is starkly below the area’s average real estate price of $3.4 million for the week, which included 15 homes. Notably, average square footage was around 3,304 square feet. The list of sales included properties ranging from $300,000 to $10 million, emphasizing a blend of affordability and luxury within the local housing market.
In Los Gatos, a condo sold for $1.3 million is the most affordable property recently sold, against an average real estate price of $3.4 million.
The week of May 5 noted a total of 15 home sales in Los Gatos, with average square footage at 3,304 square feet and average price per square foot at $1,121.
Top sales include properties priced from $300,000 to $10 million, reflecting a vibrant market despite the disparity between the most affordable and the average home prices.
Notable high-value home sales ranged from $3.25 million to $4.8 million, showcasing a significant market for luxury residences in the Los Gatos area.
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