In the last week, real estate sales in Los Gatos showcased a noteworthy transaction where a home sold for $1.3 million, marking it as the most affordable sale amidst a sky-high average price of $2.3 million in the area. The report detailed five home sales, with the average square footage being 2,260 and prices often exceeding $1,000 per square foot. The findings underline the competitive nature of the market, even on the lower end in a region characterized by high-value properties.
A recent real estate report highlighted a Los Gatos property sold for $1.3 million as the most affordable in the area, emphasizing the high average prices.
The average price of real estate in Los Gatos reached $2.3 million this past week, showcasing a strong market despite limited sales.
Among the 5 home sales, the average square footage was 2,260 square feet, with prices per square foot ranging notably across the properties sold.
The property transactions reveal the competitive landscape of Los Gatos real estate, where even the lower end of the market is significantly priced.
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