Each month, we update the Los Gatos real estate statistics and market trends with the latest information on closed sales for the prior month. We’ll review the Los Gatos inventory of homes for sale, the number of homes sold and under contract, and of course the median sale price and average sale price of sold properties. There’s one report for single family homes, meaning houses and duet homes (duet meaning attached single family), and another for condominiums and townhomes. This report covers the 95030 and 95032 areas of town, but not the Los Gatos Mountains, which is zip code 95033 and consists of unincorporated areas in Santa Clara County and also Santa Cruz County. To make this comprehensive, I have two subscriptions that are utilized here: REReport and Altos Research. The first one uses sold / closed figures, and the latter one uses current listings (and is updated automatically each week).
This first chart is very interesting, as it reveals that the number of homes sold has dropped while average days on market have also fallen.
Los Gatos real estate statistics and trends from the RE Report
How’s the Los Gatos market? Real estate inventory and sales often slip in December, during the holiday season, and rise in the summer. We saw some of that throughout Silicon Valley, including in the town of Los Gatos. Year over year, the median and average home prices have seen increases. Inventory shows fewer active and more pending. The sales to list price percentage has remained very stable and average days on market remain fairly low. This suggest a stable seller’s market.
The real estate numbers below reflect realty data gathered the first week of the month for the past month in Los Gatos 95030 & 95032. See the full REReport here.
|Trends At a Glance||Sep 2017||Previous Month||Year-over-Year|
|Median Price||$2,384,000 (+3.8%)||$2,297,500||$1,635,000 (+45.8%)|
|Average Price||$2,567,270 (-6.4%)||$2,742,170||$2,012,780 (+27.5%)|
|No. of Sales||44 (+37.5%)||32||32 (+37.5%)|
|Pending||39 (-17.0%)||47||31 (+25.8%)|
|Active||47 (-9.6%)||52||82 (-42.7%)|
|Sale vs. List Price||101.1% (0.0%)||101.1%||98.9% (+2.3%)|
|Days on Market||42 (-2.7%)||43||42 (+0.6%)|
|Days of Inventory||31 (-36.5%)||49||74 (-58.3%)|
And the chart from last month for reference:
|Trends At a Glance||Aug 2017||Previous Month||Year-over-Year|
|Median Price||$2,297,500 (+10.7%)||$2,075,000||$2,098,000 (+9.5%)|
|Average Price||$2,742,170 (+22.6%)||$2,237,580||$2,551,460 (+7.5%)|
|No. of Sales||32 (-15.8%)||38||23 (+39.1%)|
|Pending||47 (+62.1%)||29||30 (+56.7%)|
|Active||52 (-23.5%)||68||82 (-36.6%)|
|Sale vs. List Price||101.1% (-2.5%)||103.7%||97.2% (+3.9%)|
|Days on Market||43 (+77.4%)||24||46 (-6.6%)|
|Days of Inventory||49 (-9.2%)||54||107 (-54.4%)|
It’s time to decorate some pumpkins! Sereno Group is hosting its 8th annual pumpkin decorating contest and invites kids to transform a small pumpkin into a work of art! This is not a carving contest and there should be no punctures of any kind as these works of art will need to last, and any cuts will cause rotting.
Every child who enters will get a small gift. Voting on the best work of art will take place during office meetings for each of three age groups, with the winner of each getting a prize.
Small pumpkins are being given away at the Sereno Group office locations in Los Gatos, Saratoga, Willow Glen, Aptos / Santa Cruz, Los Altos and Palo Alto – please see flier for office hours. O[tionally, entrants may bring their own small pumpkin.
The deadline is Friday, October 20th, 2017. Have fun – we cannot wait to see the decorated pumpkins!
St. Mary’s Country Fair in Los Gatos is a fun, annual community event that always occurs the second weekend of October. This year, it’s October Oct 6th – 8th, 2017.
Open to everyone, and with no admission fee, the three day fundraiser is a great place to enjoy so many cool things, including:
- carnival rides
- bouncy house (several)
- country store shopping
- arts & crafts (such as pumpkin decorating)
- martial arts displays
- dining (good and affordable!) – several food booths to choose from
- pancake breakfast on Sunday morning
- play games
- giant slide
- spaghetti dinner
- full service coffee shop
- talent show
- live bands
- bingo (of course!)
This is a fabulous place to walk through and simply bump into friends & neighbors from all over Los Gatos and the nearby communities. It’s also a fun place to take photos. Each day is a little different, some return again and again!
St. Mary’s Church and School are located in downtown Los Gatos on Bean Avenue near Tait (and near North Santa Cruz Avenue) in the historic Almond Grove neighborhood. You can also reach the party by coming from Main Street and Lyndon Avenue.
Like a bargain? There’s an easy way to save money. Visit the parish or school office before Friday at 2pm and buy your Butler ride tickets at a substantial discount – and avoid the lines! (Tickets are sold in the 2 weeks leading up to the fair most years.)
Also, much of the Almond Grove District of Los Gatos has permit parking only in the evenings. So don’t park in the neighborhood! There are lots of public parking spaces between North Santa Cruz and University Avenues in Los Gatos, and they are no cost, so park there instead. I usually like to park between North Santa Cruz Avenue and University Avenue in the public lot. If you’re in biking distance, consider cycling in – just remember lights are required when biking in the dark, and remember road safety!
Hello fabulous Live in Los Gatos Blog readers! Here’s a quick update on a few Los Gatos, Saratoga events coming up in early fall:
- Sat, Sept 23 Eat Drink Los Gatos (expands upon the Fall Wine Walk)
- Sept 30 – Oct 1st Russian Festival – St. Nicholas Orthodox Church of Saratoga
- Oct 1st 1-4pm Saratoga History Mid-Autumn Festival Celebration
- Oct 1st 1pm Saratoga History Free Lecture on the Transcontinental Railroad and Chinese Exclusion Act
- Oct 5-8 Los Gatos Irish Writers’ Festival
- Oct 6 – 8 St. Mary’s Country Fair
- Oct 8 1-4pm Saratoga History Come Celebrate the India Showcase
- Oct 12 7:30pm Saratoga History Free Film on John Philip Sousa
- Oct 15th noon – 4pm The Club at Los Gatos – Pickleball Tournament
- Oct 28 Saratoga Village Witchy Walk-A-Bout 2pm-4pm – Saratoga’s city site only has old info, but I believe it’s 2-4 on Saturday Oct 28th this year (we’ll update if we can find current info)
Hope to see you at some of these soon!
Every September, the Town of Los Gatos hosts a free movie at Oak Meadow Park in the month of September for kids and kids-at-heart. This is the annual “Screen on the Green“.
September 15th’s the night for the 2017 Screen on the Green! Fun activities for children begin at 6:00pm, with train rides, carousel rides, face painting, games and more. The film, Disney’s Moana, will begin at 7:30pm and will be projected onto a 25′ inflatable screen on the meadow. A snack bar will be open from 6:30-8:30pm, so have dinner before or bring a picnic. Bring a picnic and some blankets, then come early to grab a good seat!
Attendees, it is important to bring layers and something low to sit on – blankets, cushions, or low backed lawn chairs, are alright. I always bring a flashlight for after the show. The gopher holes in the lawn are easy to find by accident with your foot.
For additional details, please see the Los Gatos town website page for Screen on the Green:
Need something to do on Labor Day weekend? The Los Gatos Park Dance is back during the holiday weekend – the 5th annual at Oak Meadow Park. The first year over 2000 people attended and it’s been growing ever since!
Los Gatos Park Dance Details
Cost: FREE – courtesy of the Los Gatos Community Foundation
Date & Time: Saturday, September 2nd, 5:00 – 7:15pm
Location: Lyndon Bandstand, Oak Meadow Park, Los Gatos
Same musical lineup as the last couple of years: The Johnny Neri Band opens for The Houserockers (a Los Gatos band).
What else: to get a good spot, arrive early! Bring a picnic supper. Beer and wine are allowed with meals (no other alcohol). Bring layers, as it cools down once the sun sets. Prepare to dance on the lawn, so wear comfortable shoes and watch out for gopher holes as you leave – they can be hard to spot in the dark.
Parking at Oak Meadow Park is free to town residents, but if you’re a local, you know that it fills up fast. You can park on nearby public streets if that happens, or try Vasona’s parking, which will cost a little.
Learn more about Music in the Park and the Dance through the link: http://lgmip.com/
Each year, in early to mid-Septemeber, the Los Gatos Morning Rotary Club, together with CB Hannegan’s Irish Pub in downtown Los Gatos sponsors a fun end of summer bash: Claws for a Cause. The annual lobster block party features good food, live music, and dancing. It is often a sell-out event! Three thousand Maine lobsters will be delivered the morning of the feast.
Proceeds going to the Los Gatos Morning Rotary Charitable Foundation (supporting music, art and youth scholarships).
This year it’s Saturday, Sept 9, 2017, from 5:30 pm to 10pm.
Last year, tickets sold out! Learn more and buy your tickets here:
And see last years Mercury News article with more details, also:
Saturday August 12th and Sunday August 13th mark the return of the Fiesta de Artes Los Gatos, Art & Wine Festival, the only Art & Wine Festival in town all year! This has been a Los Gatos tradition for decades, two in fact, with 2016 as the 20th anniversary of the event sponsored by the Kiwanis Club.
What happens at the Fiesta de Artes?
Think food & drink, art & shopping, dancing & socializing! Once again, there will be more than 150 vendors with a huge variety of artists and vendors displaying and selling their artwork, plus booths with food and wine and of course loads of music throughout both days. The hours are 10am to 7pm Saturday and 10am to 5pm Sunday, but music plays a little longer ending at 9pm on Saturday and starting an hour before Sunday events open.
Where is the Fiesta de Artes held?
In previous years, the festival reserved the Civic Center lawn across the street from Los Gatos High School, but this year, for the first time ever it’s a block party – North Santa Cruz Ave and the Los Gatos Town Plaza Park will be open to revelers and closed to cars! See the map below or click the map to be directed to the Fiesta De Artes page with directions on how to get there.
For more information, please visit http://www.lgfiesta.org/
It’s officially summer and Independence Day is fast approaching. What are your plans for the fourth?
Downtown Los Gatos has plenty going on!
First up, a block party:
Between 10:30 am and 4 pm the Saturday before Independence Day, a portion of Downtown Los Gatos will be closed to traffic for a patriotic block party! There will be live music on multiple stages, games, crafts, red, white, and blue decorations, face painting, a bounce house, and a dunk tank. Pedal in to avoid traffic and make use of the bike valet service! Enjoy shopping and dining at all your usual haunts downtown for a break from the sun. Catch the fun at North Santa Cruz Avenue from Main Street to Bachman Avenue.
Next up, the annual 4th of July Symphony and celebration!
The San Jose Wind Symphony will come together once again at Oak Meadow Park under the bandstand. There will be great American music, barbecue, beer, snacks, games, a few words shared, train rides on the Billy Jones Wildcat Railroad, carousel rides, and good fun for the family. So take some friends, wine, and a picnic, or a pooch and a Frisbee and enjoy your day at the park! Bring something to sit on, protect yourself from the sun, and prepare yourself to have some fun! Remember, parking in Oak Meadow is free to Town residents, but spots are limited so carpool if you can. Flag raising is at 4pm, and the concert starts at 4:15pm.
For more information, please see the info page on the town’s website for the July 4th happenings and the event flier.
Have a safe and happy Fourth, everyone!
The Plein Art Show in Los Gatos returns Saturday June 17 from 11 a.m. – 5 p.m. at the Los Gatos Town Plaza (free admission), with a special VIP event the evening before. It’s both an art exhibit and art sale that benefits local charities, mostly youth. Events really begin on Tuesday the 13th with the arrival of artists in town. There will be painting happening in the days leading up to the show which will be displayed and sold over the weekend.
What is Plein Air? Plein Air is a French phrase which refers to the way of painting in the open air, which was especially popular in the 19th century with many impressionists. There will be dozens of artists coming to town and over 100 pieces of art on display (and to purchase). Also found here will be wine tasting, music, and mini art sessions for kids.
Artists Paint on Location June 14th through June 16th
VIP Artists Reception and Silent Auction $135
Friday, June 16th, 6:30 p.m. – 10:00 p.m.
Dio Deka, Hotel Los Gatos
Details are posted on the Events page
The artists will be present (and so will food and wine). It promises to be a fun time!
Thanks to the Los Gatos morning Rotary for sponsoring this great event yet again. Learn more on the Los Gatos Plein Air website: