Commercial Real Estate Market in Los Gatos, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
127 active listings and 783 off-market properties in Los Gatos, CA. Commercial property asks $58/SF to buy and $59.40/SF/Yr to lease.
Market Trends
Los Gatos, CA spans 118.7 square miles in Santa Clara County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Los Gatos, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Los Gatos, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Los Gatos, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Los Gatos, CA asks $719/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Los Gatos, CA has 51,259 residents in 21,268 households. Density runs 432 people per square mile. Median household income here is $207,597 and median gross rent $3,002 a month.
51,259
Population
21,268
Households
2.4
Avg Household Size
46
Median Age
76%
College-Educated
98%
High-School Grad
118.7 sq mi
ZIP Area
432
Density / Sq Mi
$207,597
Median Household Income
$125,784
Median Earnings
$3,002
Median Rent
$1,866,488
Median Home Value
Tools
Nearby Markets
Commercial property in Los Gatos, CA asks $58/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Los Gatos?
Commercial property in Los Gatos, CA asks an average of $58 per square foot. The 6 most recent recorded sales traded at a median of $2,405/SF. Multifamily carries the highest asking price at $719/SF.
How much does it cost to lease commercial space in Los Gatos?
Asking lease rates in Los Gatos, CA average $59.40 per square foot per year.
Where does Realmo's Los Gatos market data come from?
Realmo compiles Los Gatos, CA figures from 6 recent recorded sales, 76 active sale listings, 51 active lease listings, 783 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 76 active for-sale and 51 active for-lease listings in Los Gatos, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
