The hills side of Los Gatos slowed, but prices still rose
Prices rose, but not every home moved fast. That is the clearest thing the numbers say about ZIP 95033 right now.
The Real Estate Data Aggregator counted 33 homes sold in ZIP 95033 for the three months ending August 31, 2026. That is down 5.7% from the same three months in 2025. The median sale price was $1,500,000, up 11.1% year over year. So prices climbed even as fewer homes actually closed.
More time, more choices
The Real Estate Data Aggregator counted 63 homes for sale in 95033, up 26% from a year before. New listings rose 25.6%, to 49 homes. Supply climbed to 5.9 months, up 1.5 months from 2025. That is a real shift. Six months of supply is often where the balance tips toward buyers.
The median home sat on the market for 59 days. That is 14 days longer than the same period in 2025. Only 23.1% of homes went under contract within two weeks of listing, though that figure is actually up 11 points from a year before. So the quick sales are still happening, just not for most homes.
Sellers got close to their asking price, not over it
The average sale-to-list ratio in 95033 was 97.1%, according to the Real Estate Data Aggregator. That is down 1.7 points from 2025. Homes sold for a little less than asking, on average. Only 12.1% of homes sold above list price. That compares with 40.9% in 95032 and 28.6% in 95030 for the same period.
How 95033 compares with the rest of Los Gatos
| 95033 | 95032 | 95030 | |
|---|---|---|---|
| Median sale price | $1,500,000 | $2,700,000 | $3,725,000 |
| Price change, year over year | up 11.1% | up 10.1% | up 23.4% |
| Median days on market | 59 | 23 | 34 |
| Months of supply | 5.9 | 2.1 | 2 |
| Sale-to-list ratio | 97.1% | 101.2% | 98.9% |
What the national picture adds
The Federal Housing Finance Agency reported that U.S. home prices rose 2.4% from August 2025 to August 2026. The 11.1% gain in 95033 ran well ahead of that pace. Even the slower parts of this market outpaced the national number.
Freddie Mac put the 30-year fixed mortgage rate at 7.24% as of October 29, 2026. That is a real cost. It is part of why some listings in 95033 are taking longer to find a buyer.
Pending sales point forward
The Real Estate Data Aggregator counted 39 pending sales in 95033 for the three months ending August 31, 2026. That is up 18.2% from a year before. Pending sales lead closed sales by a few weeks. More contracts in the pipeline is an encouraging sign, even with the longer days on market.
- In ZIP 95033 for the three months ending August 31, 2026, prices rose 11.1% to a $1,500,000 median, per the Real Estate Data Aggregator.
- But supply hit 5.9 months, median days on market reached 59, and most homes sold below list.
- Gains are real.
- So is the slower pace.
- One street can read very differently from the whole ZIP code.
- Reply and I can show you what the numbers look like for your specific address.
Your next step
(650) 799-8888Text me your address and I will send back how long homes like yours are taking to sell in 95033 right now, and where your price sits against what actually closed. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 95033, 95032, 95030, 94497, 94404, 94403, 94402, 94401, 94030, 94010, 94002 and 94070, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Freddie Mac: Mortgage Rates, read Nov 1, 2026
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in August; Up 2.4 Percent from Last Year | FHFA, Oct 27, 2026
- Redfin: U.S. Home-Sale Prices Just Fell for the First Time in 3 Years, Oct 29, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- No Real Estate Data Aggregator numbers for 95031, so this part is from websites alone.
- No Real Estate Data Aggregator numbers for 94011, so this part is from websites alone.