Blog > Los Gatos & Monte Sereno Luxury Homes: Where $5 Million+ Houses Sold, Neighborhood by Neighborhood
Los Gatos & Monte Sereno Luxury Homes: Where $5 Million+ Houses Sold, Neighborhood by Neighborhood
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Where do top-of-market single-family houses sell in Los Gatos & Monte Sereno? In the two years to October 27, 2026, 86 of the 772 single-family houses that sold in both towns (11%) closed at $5 million or more, by the MLS records we can read with repeat records removed. In 2012, 3 did all year; in 2025, 43 did. Here is where those sales happened, inside each of our neighborhood guides.
The short answer
- Across both towns: 23% of house sales closed at $4M or more, 11% at $5M or more and 3% at $7.5M or more. The highest sale was $12.52M in Shannon & Kennedy Road hills.
- Where they cluster (share of house sales at $5M+, guides with at least 8 house sales): Twin Creeks (65%), El Sereno Hillside (50%), Monte Sereno (45%), Shannon & Kennedy Road hills (41%), Rose Avenue & Andrews Street (36%) and Daves Avenue (33%). 9 of the 86 sold outside our 24 Los Gatos & Monte Sereno guides.
- None at $5M+ in the window: La Rinconada, University-Edelen, Twin Oaks & Creekside and North Lark.
- What it buys: the typical house that sold for $5M or more went for $6.15M, with 4,502 sq ft ($1,450 per sq ft), against 2,369 sq ft and $1,273 per sq ft for all Los Gatos and Monte Sereno houses.
- Over time: 3 house sales at $5M or more in 2012, 54 in 2021 and 43 in 2025, with 34 more from January through September 2026.
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 at $5M or more first. Each cell shows how many houses sold at that price or more 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 | $4M+ | $5M+ | $7.5M+ |
|---|---|---|---|---|---|---|
| Twin Creeks | Monte Sereno | 26 | $5.63M | 24 (92%) | 17 (65%) | 5 (19%) |
| El Sereno Hillside | Monte Sereno | 8 | $4.6M | 5 (63%) | 4 (50%) | 1 (13%) |
| Monte Sereno | Monte Sereno | 71 | $4.62M | 53 (75%) | 32 (45%) | 7 (10%) |
| Shannon & Kennedy Road hills | Los Gatos | 44 | $4.55M | 26 (59%) | 18 (41%) | 6 (14%) |
| Rose Avenue & Andrews Street | Monte Sereno | 11 | $4.62M | 9 (82%) | 4 (36%) | 0 (0%) |
| Daves Avenue | Monte Sereno | 18 | $4.38M | 11 (61%) | 6 (33%) | 1 (6%) |
| Glen Ridge | Los Gatos | 15 | $4.3M | 9 (60%) | 5 (33%) | 0 (0%) |
| College Avenue & Jones Road | Los Gatos | 21 | $3.4M | 7 (33%) | 5 (24%) | 2 (10%) |
| Johnson Avenue & Foster Road | Los Gatos | 18 | $3.47M | 7 (39%) | 2 (11%) | 1 (6%) |
| Almond Grove | Los Gatos | 10 | $3.02M | 2 (20%) | 1 (10%) | 0 (0%) |
| San Benito & Mariposa | Los Gatos | 16 | $2.54M | 3 (19%) | 1 (6%) | 0 (0%) |
| Vasona & Oak Meadow | Los Gatos | 17 | $2.52M | 4 (24%) | 1 (6%) | 1 (6%) |
| Worcester Park & Vista del Monte | Los Gatos | 35 | $3.35M | 11 (31%) | 2 (6%) | 0 (0%) |
| Blossom Hill | Los Gatos | 120 | $3.15M | 27 (23%) | 6 (5%) | 0 (0%) |
| Downtown Los Gatos | Los Gatos | 23 | $3M | 3 (13%) | 1 (4%) | 0 (0%) |
| Santa Cruz Mountains | Los Gatos | 86 | $1.24M | 4 (5%) | 2 (2%) | 0 (0%) |
| Los Gatos Blvd & North 40 | Los Gatos | 46 | $2.52M | 4 (9%) | 1 (2%) | 0 (0%) |
| La Rinconada | Los Gatos | 44 | $3.32M | 7 (16%) | 0 (0%) | 0 (0%) |
| University-Edelen | Los Gatos | 8 | $3.2M | 2 (25%) | 0 (0%) | 0 (0%) |
| Twin Oaks & Creekside | Los Gatos | 16 | $2.4M | 0 (0%) | 0 (0%) | 0 (0%) |
| North Lark | Los Gatos | 14 | $2.25M | 0 (0%) | 0 (0%) | 0 (0%) |
Fewer than 8 house sales, so not ranked: Broadway (1 sale, none at $5M+) and Rinconada Hills (4 sales, none at $5M+). No house sales in the window: Fairview Plaza.
Year by year since 2012
House sales at $5M or more each year, in both towns. The line is fixed in dollars while prices rose, so part of the climb is simply more houses crossing it: the median house sold for $1.24M in 2012 and $2.92M in 2025.
| Year | House sales | $5M+ | Share | Median house price |
|---|---|---|---|---|
| 2012 | 486 | 3 | 1% | $1.24M |
| 2013 | 521 | 2 | <1% | $1.44M |
| 2014 | 514 | 5 | 1% | $1.59M |
| 2015 | 547 | 13 | 2% | $1.72M |
| 2016 | 454 | 10 | 2% | $1.7M |
| 2017 | 510 | 10 | 2% | $1.97M |
| 2018 | 465 | 12 | 3% | $2.1M |
| 2019 | 452 | 13 | 3% | $2.15M |
| 2020 | 539 | 21 | 4% | $2.11M |
| 2021 | 696 | 54 | 8% | $2.56M |
| 2022 | 431 | 39 | 9% | $2.7M |
| 2023 | 380 | 20 | 5% | $2.57M |
| 2024 | 406 | 45 | 11% | $2.86M |
| 2025 | 397 | 43 | 11% | $2.92M |
| 2026 (Jan.–Sept.) | 280 | 34 | 12% | $2.9M |
Reading it right
- These are sale prices, not list prices, and they aren’t adjusted for inflation.
- Size drives much of the top end, so compare price per square foot as well as price when you look at houses at $5M or more.
- Small samples swing. Every cell shows its count, and one or two sales can move a small guide’s share.
- Some guides overlap, and a sale inside two outlines counts in both.
- Past sales aren’t a forecast or the value of any one home.
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 at a price if it closed at that amount or more. The yearly table uses the same rules, by closing date, through September 30, 2026.
Go deeper
The Luxury Market Report follows the top of the market across Silicon Valley, and the Price Ladder shows where Los Gatos’ top end sits against other cities. For Los Gatos & Monte Sereno, see houses under $3 million, guide by guide, house prices by bedrooms and neighborhoods ranked by price per square foot; 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 $5M+ houses sold, neighborhood by neighborhood.
Common questions
What is the most expensive neighborhood in Los Gatos and Monte Sereno?
By median house price over the two years to October 27, 2026, among our guides with at least 8 house sales: Twin Creeks ($5.63M), Monte Sereno ($4.62M) and Rose Avenue & Andrews Street ($4.62M).
How many Los Gatos and Monte Sereno houses sell for $5 million or more?
86 of 772 house sales (11%) in those two years, and 43 in 2025 alone, up from 3 in 2012.
What was the highest house sale in Los Gatos and Monte Sereno?
$12.52M in Shannon & Kennedy Road hills, in the two years to October 27, 2026, by the MLS records we can read.
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 under $3M · the best month to sell · the most expensive streets · houses by neighborhood · fire hazard zones · our sales map
Selling at the top of the Los Gatos market?
A Property Nerd will pull the closest sales at your level in your neighborhood, show how they were priced, prepared and marketed, and build a plan for yours. 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.