Blog > Los Gatos & Monte Sereno Houses Under $3 Million: Where They Sold, Neighborhood by Neighborhood
Los Gatos & Monte Sereno Houses Under $3 Million: Where They Sold, Neighborhood by Neighborhood
by
Shopping for a house in Los Gatos & Monte Sereno on a budget near $3 million? Of the 772 single-family houses that sold in the two years to October 27, 2026, by the MLS records we can read with repeat records removed, 403 (52%) sold for less than $3 million. Here is where those sales happened, inside each of our neighborhood guides, with two other price levels for context.
The short answer
- Across both towns: 38% of house sales closed under $2.5M, 52% under $3M and 77% under $4M. The median house sold for $2.9M.
- Where most sold under $3M (guides with at least 8 house sales): Santa Cruz Mountains (87%), North Lark (86%), Twin Oaks & Creekside (75%), Los Gatos Blvd & North 40 (57%), San Benito & Mariposa (56%) and Vasona & Oak Meadow (53%).
- Where none did: Rose Avenue & Andrews Street (0%) and Twin Creeks (0%).
- What it bought: the houses that sold under $3M had a median of 1,905 sq ft, against 2,369 sq ft for all houses.
Next steps in Los Gatos & Monte Sereno
- What’s my home worth? Request an estimate, and ask us for the recent sales on your street.
- See Los Gatos & Monte Sereno homes for sale, then use Save Search to get new listings by email.
- Book a strategy call with a Property Nerd.
Neighborhood by neighborhood
Guides with at least 8 house sales, highest share under $3M first. Each cell shows how many houses sold under that price and their share of the guide’s house sales. Each name opens its guide, with live listings and the last 12 months of sales.
| Neighborhood | Town | House sales | Median price | Under $2.5M | Under $3M | Under $4M |
|---|---|---|---|---|---|---|
| Santa Cruz Mountains | Los Gatos | 86 | $1.24M | 68 (79%) | 75 (87%) | 82 (95%) |
| North Lark | Los Gatos | 14 | $2.25M | 9 (64%) | 12 (86%) | 14 (100%) |
| Twin Oaks & Creekside | Los Gatos | 16 | $2.4M | 8 (50%) | 12 (75%) | 16 (100%) |
| Los Gatos Blvd & North 40 | Los Gatos | 46 | $2.52M | 23 (50%) | 26 (57%) | 42 (91%) |
| San Benito & Mariposa | Los Gatos | 16 | $2.54M | 7 (44%) | 9 (56%) | 13 (81%) |
| Vasona & Oak Meadow | Los Gatos | 17 | $2.52M | 8 (47%) | 9 (53%) | 13 (76%) |
| Almond Grove | Los Gatos | 10 | $3.02M | 4 (40%) | 5 (50%) | 8 (80%) |
| University-Edelen | Los Gatos | 8 | $3.2M | 1 (13%) | 4 (50%) | 6 (75%) |
| Downtown Los Gatos | Los Gatos | 23 | $3M | 4 (17%) | 11 (48%) | 20 (87%) |
| College Avenue & Jones Road | Los Gatos | 21 | $3.4M | 4 (19%) | 9 (43%) | 14 (67%) |
| Blossom Hill | Los Gatos | 120 | $3.15M | 17 (14%) | 46 (38%) | 93 (78%) |
| La Rinconada | Los Gatos | 44 | $3.32M | 8 (18%) | 16 (36%) | 37 (84%) |
| Johnson Avenue & Foster Road | Los Gatos | 18 | $3.47M | 3 (17%) | 5 (28%) | 11 (61%) |
| Worcester Park & Vista del Monte | Los Gatos | 35 | $3.35M | 3 (9%) | 9 (26%) | 24 (69%) |
| Glen Ridge | Los Gatos | 15 | $4.3M | 0 (0%) | 3 (20%) | 6 (40%) |
| Shannon & Kennedy Road hills | Los Gatos | 44 | $4.55M | 2 (5%) | 6 (14%) | 18 (41%) |
| El Sereno Hillside | Monte Sereno | 8 | $4.6M | 0 (0%) | 1 (13%) | 3 (38%) |
| Daves Avenue | Monte Sereno | 18 | $4.38M | 0 (0%) | 2 (11%) | 7 (39%) |
| Monte Sereno | Monte Sereno | 71 | $4.62M | 0 (0%) | 5 (7%) | 18 (25%) |
| Rose Avenue & Andrews Street | Monte Sereno | 11 | $4.62M | 0 (0%) | 0 (0%) | 2 (18%) |
| Twin Creeks | Monte Sereno | 26 | $5.63M | 0 (0%) | 0 (0%) | 2 (8%) |
Fewer than 8 house sales, so not ranked: Broadway (1 sale, 1 under $3M) and Rinconada Hills (4 sales, 1 under $3M). No house sales in the window: Fairview Plaza.
Reading it right
- These are sale prices, not list prices. Many Los Gatos houses sell over asking, so a house listed under your budget can close above it.
- Houses only. Condos and townhomes, which sell for less, have their own post.
- The houses differ. Under-budget sales are often smaller (see the size comparison above), and a neighborhood’s mix of sizes and lots drives its numbers.
- Small samples swing. Every cell shows its count.
- Past sales aren’t a forecast of what you’ll find next month.
- Some guides overlap, and a sale inside two outlines counts in both.
How we counted
Closed sales of single-family houses reported to the MLS, read through the IDX feeds that power our home search, with one record per MLS number and only sales with a recorded living area and a map position, placed inside each guide’s outline. A sale counts as under a price if it closed below it.
Go deeper
The Budget Lab shows what your budget bought in up to three cities, and the Price Ladder shows where Los Gatos’ entry price and top end sit. For the top end, see where Los Gatos and Monte Sereno houses sold for $5 million or more. For Los Gatos & Monte Sereno, see house prices by bedrooms, neighborhoods ranked by price per square foot and where homes sell over asking; the Los Gatos city guide links every Los Gatos guide and the Monte Sereno page its four. Our sales map shows the homes we’ve sold there. Across every city we cover: where houses still sell under $2M, neighborhood by neighborhood.
Common questions
Where can I find a house under $3 million in Los Gatos and Monte Sereno?
In the two years to October 27, 2026, 403 of 772 house sales (52%) closed under $3M. The most were in Santa Cruz Mountains (75), Blossom Hill (46) and Los Gatos Blvd & North 40 (26).
What are the most affordable Los Gatos and Monte Sereno neighborhoods for houses?
By median house price over the same two years, among guides with at least 8 house sales: Santa Cruz Mountains ($1.24M), North Lark ($2.25M) and Twin Oaks & Creekside ($2.4M).
How big is a house under $3 million in Los Gatos and Monte Sereno?
Houses that sold under $3M had a median of 1,905 sq ft, against 2,369 sq ft for all Los Gatos and Monte Sereno houses.
The Los Gatos data series: housing market by the numbers · neighborhoods ranked by price per sq ft · where homes sell over asking · ten years of prices by neighborhood · condos and townhomes · house prices by bedrooms · houses at $5M and up · the best month to sell · the most expensive streets · houses by neighborhood · fire hazard zones · our sales map
Shopping on a budget in Los Gatos?
A Property Nerd will set up alerts for houses near your price, pull the recent sales in the neighborhoods that fit, and tell you how far over asking homes like the one you want have been selling. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.