A resource for folks living in or moving to Los Gatos, by Mary Pope-Handy

Available inventory in Los Gatos and Monte Sereno 95030 & 95032

Last week (on April 6th) I pulled the statistics for available houses or single family homes for sale in Los Gatos and Monte Sereno (95030 and 95032, not the Los Gatos Mountains 95033). We have been experiencing a very palpable shortage of inventory. Below please find a graph to visually demonstrate where we are, and then the data in numbers so you can see each month compared to the years prior.

Los Gatos Monte Sereno inventory of SFH by month 2002 to March 2016

 

And next, the numbers themselves. I particularly like this way to view info as it provides a way of seeing what inventory has been like for the same month in prior years very easily and it also enables the viewer to get a sense of the normal patterns that the local real estate market tends to follow (albeit with some fluctuation).   It’s easy to see that the lowest months for inventory tend to be in winter and the peak months are usually in the middle of the summer.

For our current year, this view offers a way of validating that inventory really is low.  In March we had 68 houses for sale, but in March 2015 it was 70, March 2014 it was 84 and the numbers rise for each year going back until we see the largest inventory in 2009 at 260 – a very deep seller’s market here.

Is inventory low?  Yes, it is – there have been very few months since January 2002 in which home buyers have had so little choice and home sellers such a good opportunity to sell.

 

Los Gatos and Monte Sereno inventory of available houses to buy

(Please note small error on this image – the data was pulled April 6th, not April 10th, but the data should be unchanged.)

Mary Pope-Handy

Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805

Selling homes in
Silicon Valley, with
special focus on
Los Gatos

and nearby areas,
including
Monte Sereno,
Saratoga,
Campbell,
and the San Jose areas of
Cambrian and Almaden Valley

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especially the West Valley areas

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