"The recent sale of a condominium on Escobar Avenue, Los Gatos highlights the rising property values in the area, reflecting market trends and demand."
"The transaction of a 1,218-square-foot condo for $1,420,000 shows a price per square foot of $1,166, indicating significant investment interest in Los Gatos real estate."
A condominium in Los Gatos measuring 1,218 square feet was sold for $1,420,000 on May 16, 2025, equating to $1,166 per square foot. This three-bedroom unit marks the latest transaction in a series of similar sales in the vicinity, with comparable units fetching higher prices. Notably, another 1,218-square-foot unit sold for $1,650,000 a year prior, and a 1,494-square-foot unit for $1,355,000, reinforcing the trend of increasing property values in Los Gatos. The data reflects ongoing interest and demand in the housing market, especially for condominiums.
Read at www.mercurynews.com
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