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

trends

Los Gatos real estate market trends by price point and high school district

There are many factors impacting the Los Gatos real estate market, including the price point and the elementary or high school district. Today we’ll look at the Los Gatos realty market by pricing tiers and high school district using the months of inventory as a data point. The months of inventory, or MOI, is the currently active (for sale, no contract or pending sale) homes for sale divided by the number of homes using the same criteria which have closed escrow in the last 30 days.

These numbers were run today using MLSListings.com and it’s possible that a few more homes will be recorded as closed sales or new homes added to the market after we ran these numbers. One other disclaimer: sometimes the number of closed sales is very low or is at 0. This can be for many reasons. In some cases, there are a few which are sale pending and simply haven’t closed recently. In other cases, the opposite could be true, indicating a possible lack of demand or inventory. That being said, what do the numbers say?

Los Gatos real estate months of inventory in 95030 and 95032 combined

The overall MOI still shows a clear, and fairly stable, sellers market. The best movement is still in the low- to mid-range price points, mainly from $1-$3 million. Demand is low, but there’s still movement going all the way up the chart and into the luxury sector.

So what does it all mean? That Los Gatos remains in a sellers market, that demand is proving to be steady, especially throughout the middle and upper ranges with slower movement in the lowest and higher-end markets.

Here is the chart from last month for comparison:

 

All of Los Gatos 95030 and 95032, both high school districts overall, it’s a clear seller’s market.

The real estate market for homes with the Los Gatos – Saratoga Joint Union High School District only

Now let’s view just the homes which are in the Los Gatos – Saratoga Joint Union High School District (or homes “in the schools” as locals say). Continue reading

Los Gatos real estate statistics and market trends

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 we saw some of that throughout Silicon Valley, including in the town of Los Gatos. Year over year, the median and average home prices are fairly stable. Despite increased inventory, the sales to list price percentage has gone up and average days on market remain low. This suggest a warming 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.

Los Gatos real estate statistics and market trends At A Glance

Year-Over-Year

  • Median home prices increased by 18.3% year-over-year to $2,100,000 from $1,775,000.
  • The average home sales price rose by 0.0% year-over-year to $2,244,650 from $2,244,390.
  • Home sales rose by 4.5% year-over-year to 23 from 22.
  • Active listings fell 5.2% year-over-year to 91 from 96.
  • Sales price vs. list price ratio rose by 6.1% year-over-year to 105.2% from 99.1%.
  • The average days on market rose by 30.5% year-over-year to 40 from 30.

Compared To Last Month

  • Median home prices slipped by 1.2% to $2,100,000 from $2,125,000.
  • The average home sales price rose by 0.8% to $2,244,650 from $2,225,900.
  • Home sales down by 25.8% to 23 from 31.
  • Active listings increased 23.0% to 91 from 74.
  • Sales price vs. list price ratio increased by 2.2% to 105.2% from 102.9%.
  • The average days on market increased by 33.0% to 40 from 30.

Continue reading

The Monte Sereno real estate market

Elm Park in Monte Sereno, sold by Mary Pope-Handy

Ranch style home on Elm Park in Monte Sereno, sold by Mary Pope-Handy

The City of Monte Sereno is quite small, with just about 4,000 residents, so the number of houses sold in any given month will always be extremely small. For that reason, the data may appear to jump around wildly compared to Los Gatos or Saratoga, which each have about 30,000 people living there. Please take all the stats with a tablespoon of salt, and be sure to view the Los Gatos housing market data to get a more accurate picture of what’s happening with Monte Sereno homes (just add a little to the price tag as homes there tend to sell for a bit more than LG properties).

Something else to be aware of is that most houses are in the Los Gatos Union School District, but a small pocket of properties lies within the Campbell School District. Those with Campbell schools usually sell for a little less. Additionally, most of this city is within the 95030 zip code, but again, there’s a small pocket which is in the 95032 area.

Finally, there are only houses in this cities – condos, townhomes, or any other type of housing – and there are no businesses, either. Being 100% residential and single family homes most likely has a large impact on the home values here, though in many areas of Silicon Valley, being in “walking distance” to a coffee shop or grocery store can be a huge plus.

Disclaimers aside, here’s the most recent info:

Monte Sereno Stats At A Glance (click to view the Real Estate Report)

Year-Over-Year

  • Median home prices fell by 3.4% year-over-year to $2,415,000 from $2,500,000.
  • The average home sales price dropped by 0.4% year-over-year to $2,491,250 from $2,500,000.
  • Home sales rose by 300.0% year-over-year to 4 from 1.
  • Active listings fell 21.4% year-over-year to 11 from 14.
  • Sales price vs. list price ratio fell by 16.3% year-over-year to 96.2% from 114.9%.
  • The average days on market rose by 270.9% year-over-year to 45 from 12.

Compared To Last Month

  • Median home prices slipped by 5.6% to $2,415,000 from $2,557,500.
  • The average home sales price fell by 2.6% to $2,491,250 from $2,557,500.
  • Home sales up by 100.0% to 4 from 2.
  • Active listings dropped 8.3% to 11 from 12.
  • Sales price vs. list price ratio dropped by 2% to 96.2% from 98.2%.
  • The average days on market increased by 27.1% to 45 from 35.

 

Another great source of realty trends is Altos Research, to which I also have a subscription. Altos uses list prices, though, whereas the RE Report uses sold. What I really love about these reports, though, is that market can be viewed by price quartiles, as sometimes the luxury market in an area may be behaving very differently from the entry level market. The charts below are dynamic and will be updated weekly.

Continue reading

The Real Estate Market Trends in Los Gatos

Los Gatos Home Sale Trends: it really depends on your segment of the market

How’s the real estate market in the Town of Los Gatos? The real estate market trends in Los Gatos varies from one price point and neighborhood to the next, from one type of housing to the next, and even between the town’s two zip codes, 95030 and 95032. Here we’ll take a view of the overall movement in the market; please understand that it may or may not apply to your particular Los Gatos home so please call or email me for specific information relating to your property.

Overall, Los Gatos continues to be a seller’s market, though not as deep as in other places in Santa Clara County (it’s wild in Cupertino, Sunnyvale, Palo Alto). Inventory is better than a year ago, inching toward more normalcy while remaining on the scarce side.

Today I pulled the data from MLSListings.com using their “statistics” tool (any Realtor can do this who’s a member of the MLS).  The numbers below represent single family homes, or houses, in the Los Gatos zip codes of 95030 and 95032, all price ranges, school districts, home sizes etc.

Real Estate Market Trends in Los Gatos

2015-8-25 Los Gatos real estate statistics 95030, 95032

 

The luxury market over about $3 or $4 million is usually more sluggish than the entry level homes, so what happens if we don’t go that high?

And now, same criteria but just homes under $ 2,000,000:

Los Gatos real estate market for homes listed under 2 mil

 

As you can see, the sale price to list price ratio for these 240 houses is a little higher and the days on market a bit shorter if we focus on just the homes offered at under $2 million.  We could further refine this ad infinitum but Realtors often say that the best price will come with a fast sale (some sellers feel like if the home goes sale pending in just 2 weeks, it was too soon and they left money on the table).  So let’s check it out.  The next set is the same as above but only for homes that went under contract in 14 days or less:

Los Gatos Stats DOM 14 or less

Not only are the $2 million dollar or less homes the ones moving better, but the 130 of them (out of 240) that did sell within 14 days really moved fast (9 days on average) and with a much higher sale price to list price ratio!

This is why it is so key to drill down what’s happening to the micro market level.  The monthly average for 95030 & 95032 in Los Gatos was 101.3% for all homes, but how very different it is for those under $2 million that sell within a couple of weeks!  Home buyers and real estate investors who rely on only those general numbers will be 4% off (about the amount of a typical price reduction) – plenty enough by which to lose the sale.

What can throw your Los Gatos property’s home values:

  • having a pool with a small backyard (pool removal may make you money) or NOT having a pool with an acre or more
  • additions that you love but most buyers consider a detraction
  • smaller than normal kitchen
  • home in worse repair or lack of updating than typical
  • being adjacent to something undesirable, such as a busy road, high voltage lines, or train tracks
  • bad odors from pets, strong cooking, cigarette or cigar smoke etc.

If you are thining of buying or selling in Los Gator or nearby, please reach out to me and let’s talk about working together. To be successful and to get the most out of your transaction, it’s key to get the data that is relevant to the house in question and not just wing it based on zip code or city wide data.  Los Gatos real estate and Silicon Valley real estate require a more sophisticated approach!

For those who want to do more research, here is a great resource

For info on Los Gatos or anywhere in Santa Clara County, San Mateo County or Santa Cruz County, please have a look at my online Real Estate Report.

 

Los Gatos & Saratoga real estate sales statistics 2005 – 2014

Today I’m able to share with you some statistics pulled together from MLSListings.com by Timothy Proschold of Sereno Group Los Altos (which he’s given those of us in Sereno permission to share). I thought my readers would really appreciate this statistical history of sales in Los Gatos and Saratoga from 2005 to 2014.

A quick, but important, note on the areas included for Los Gatos.  “Los Gatos”, as a mailing address and as an area searched on the MLS, now includes the Los Gatos Mountains (95033) as well as the “in town” or the unincorporated areas close to town with the zip codes of 95030 and 95032. (This is a recent change in the way MLSListings collects data – and it’s messing with us!)  In the study below, all three of these areas are included.  If you are looking at 95033, these figures will be a bit high, and if you’re considering 95032 or 95030, they will be low.   So while we often do compare and contrast Los Gatos and Saratoga, the gap in pricing will be more acute because of the more rural areas include.   Be that as it may, this is great info that I think you will find very valuable – and thanks again to Tim for compiling it for us!

First, the price per square foot for single family homes (SFH) in Los Gatos and Saratoga (these might shake out differently by school district, price point etc.).

Los Gatos & Saratoga Sales Stats (2005-2014)

Similar patterns overall, but Saratoga is currently making a steeper climb in housing values.

Next,  the median sale price and average days on market (DOM) from 2005 to 2014 for houses or single family homes in Los Gatos.
Continue reading

Los Gatos Real Estate Market: September's Numbers are Now In

Los Gatos Real Estate Market Trends at a Glance

Los Gatos Real Estate Statistics At A Glance

Year-Over-Year

  • Median home prices increased by 101.9% year-over-year to $852,000 from $422,000.
  • The average home sales price rose by 82.1% year-over-year to $867,591 from $476,330.
  • Home sales rose by 120.0% year-over-year to 11 from 5.
  • Active listings rose 120.0% year-over-year to 11 from 5.
  • Sales price vs. list price ratio rose by 2.0% year-over-year to 100.3% from 98.4%.
  • The average days on market fell by 21.8% year-over-year to 24 from 31.

Compared To Last Month

  • Median home prices slipped by 11.8% to $852,000 from $966,350.
  • The average home sales price fell by 5.5% to $867,591 from $918,212.
  • Home sales Up by 37.5% to 11 from 8.
  • Active listings dropped 15.4% to 11 from 13.
  • Sales price vs. list price ratio dropped by 4.8% to 100.3% from 105.4%.
  • The average days on market increased by 46.0% to 24 from 17.

For more information, data, and opinion on the market, please visit my online Real Estate Report. There you will find the latest stats on not just Los Gatos, but all the cities within Silicon Valley and the major districts within San Jose.

Quick look at the Los Gatos real estate market

May 05, 2014

The Los Gatos real estate market is very healthy, with a strong sale price to list price ratio. As with the rest of Santa Clara County, inventory is extremely low, and that is pushing prices up. Today we’ll get a view of the market using just a few charts, but please click on the links for more info (or call, email or reach out to me if you’d like an appointment to discuss your segment of the market in particular).

First, a chart from my Los Gatos Real Estate Report (click on the link for more information).

Los Gatos Single Family Homes

Trends At A Glance Jan 2014 Previous Month Year-over Year Median Home Price +23.7%$1,770,000 $1,431,000 +13.8%$1,555,000 Average Sales Price +34.8%$1,920,450 $1,424,850 +12.6%$1,704,850 No. of Homes Sold -17.4%19 23 +46.2%13 Pending Properties +31.8%29 22 +61.1%18 Foreclosures Sold N/A0 0 N/A0 Short Sales Sold N/A0 0 N/A0 Active Listings +2.1%48 47 -7.7%52 Active Foreclosures N/A1 0 N/A0 Active Short Sales -66.7%1 3 N/A0 Sales Price vs. List Price +0.8%101.1% 100.3% +1.7%99.4% Average Days on Market +136.6%74 31 +118.6%34 – See more at: http://popehandy.rereport.com/market_reports?formSubmit=1&searchtype=search&emailtype=search&period=1&report_description=Santa+Clara+County%2C+All+Cities%2C+All+Neighborhoods&area=15&cities=3048&locations=&yearmonth=2014-1&proptype=1&get_report=#sthash.H93BlIu0.dpuf
Trends At A Glance Jan 2014 Previous Month Year-over Year Median Home Price +23.7%$1,770,000 $1,431,000 +13.8%$1,555,000 Average Sales Price +34.8%$1,920,450 $1,424,850 +12.6%$1,704,850 No. of Homes Sold -17.4%19 23 +46.2%13 Pending Properties +31.8%29 22 +61.1%18 Foreclosures Sold N/A0 0 N/A0 Short Sales Sold N/A0 0 N/A0 Active Listings +2.1%48 47 -7.7%52 Active Foreclosures N/A1 0 N/A0 Active Short Sales -66.7%1 3 N/A0 Sales Price vs. List Price +0.8%101.1% 100.3% +1.7%99.4% Average Days on Market +136.6%74 31 +118.6%34 – See more at: http://popehandy.rereport.com/market_reports?formSubmit=1&searchtype=search&emailtype=search&period=1&report_description=Santa+Clara+County%2C+All+Cities%2C+All+Neighborhoods&area=15&cities=3048&locations=&yearmonth=2014-1&proptype=1&get_report=#sthash.H93BlIu0.dpuf

The Los Gatos Condominium and Townhouse Market

Next, the same information but for Los Gatos condos and townhomes:

Los Gatos condominiums and townhouses

 

Blossom Hill Manor Real Estate Market

February 16, 2013

Map of the Blossom Hill Manor neighborhood of Los Gatos (east Los Gatos)The Blossom Hill Manor (aka “the Manor” or “Blossom Manor”) is a very highly sought after neighborhood with its close proximity to the highly regarded Los Gatos schools, parks, shops, grocery stores and major transit routes.  Homes there are well maintained, many streets are tree-lined and there’s a good amount of community spirit and involvement in this close-in area.

The real estate market in Los Gatos has been steadily improving since the low point in about 2009, but there’s a great deal of variation from one area, price point, school district, age and condition of home to the next.  The “fixer” market is different from the luxury market. 

What of the Manor? How are prices today compared to the peak in about 2007?  Are home values at or near the high point? 

The short answer is this: not yet, but getting there.  Many of the indicators show consistent appreciation, a buyer population that wants homes there faster than they can come on, and generally very favorable selling conditions.  It is not yet a crazy, overheated market – but if the shortage of inventory continues (today there are NO homes for sale except one which is already sale pending in Blossom Manor) and demand continues, it may go that way.

Today I spent most of the day researching the market for this pocket of Los Gatos, and I pulled the stats going all the way back to 1998 to get the 10,000 foot view.  Please find that detailed article on my Valley of Heart’s Delight blog:
Blossom Manor neighborhood of Los Gatos

Los Gatos real estate market for May 30, 2012

May 30, 2012

Months of Inventory for the Los Gatos Real Estate Market by School District and Price Point

 The Los Gatos real estate market is “hot” overall – but not equally, and certainly not in all areas or price points!  Yesterday I crunched the numbers from my MLS to provide for you the absorption reate or months of inventory.  This figure is calculated by getting the count of active listings (not under contract – some statisticians include pending sales as well) and the sales closed in the last month and dividing them.  If there are 3 homes for sale and 1 closed in the last month, you have 3 months of inventory.  What this means is simple: if no new inventory came on the market, how long, at the current rate of sales, would it be for buyers to “absorb” the current supply of inventory?  The shorter it is, the hotter the market. Five or six months is balanced.

Group One: The more affordable homes in 95030 and 95032 in Los Gatos – up to $2 million. Where it says “infinite”, that means that homes are for sale but none sold/closed escrow in thel last 30 days.  Where it says N/A, no homes for sale or sold. Have a look:

Los Gatos, CA real estate market - absorption rate for houses for sales up to $2 million as of May 30, 2012  - Mary Pope-Handy, Realtor, Sereno Group, Los Gatos

What’s hot? Up to the $1.5 million point, everything in LG is hot!  The cooling starts at $1.5 mil in the part of down with Campbell or Union Schools.  For houses “in the schools”, the market remains strong up to the $2 million mark, where it changes dramatically.

How are things for the over $2,000,000 point?

Los Gatos real estate market absorption rate for houses over $2 million May 30, 2012 - Mary Pope-Handy, Sereno Group, Los Gatos.

Over $2 million, it’s anywhere from a balanced market to impossible to sell for Los Gatos houses on the market. Homes over $2 million are tough to sell if they don’t feed to Los Gatos High School.  But even properties which have LGHS as the school of attendance are challenged to sell in the upper pricing tiers.

 

Los Gatos Real Estate Report for April 2012 Sales

Prices are up for Los Gatos real estate sales! (Click on link for full data from my Los Gatos Real Estate Report.)

Below please find the statistics and numbers for house sales in the town of Los Gatos (95030 and 95032) which closed in the month of April.   Things are looking up!

 

Trends At a Glance Apr 2012 Previous Month Year-over Year
Median Price $1,350,000 $1,260,500 (+7.1%) $1,344,000 (+0.4%)
Average Price $1,431,940 $1,405,640 (+1.9%) $1,479,120 (-3.2%)
No. of Sales 39 38 (+2.6%) 30 (+30.0%)
Pending Properties 54 53 (+1.9%) 47 (+14.9%)
Foreclosures Sold 3 2 (+50.0%) 0 (N/A)
Short Sales Sold 3 1 (+200.0%) 1 (+200.0%)
Active Listings 78 88 (-11.4%) 50 (+56.0%)
Sales Price vs. List Price 99.6% 100.1% (-0.6%) 96.7% (+2.9%)
Days on Market 36 35 (+2.4%) 61 (-41.3%)

Los Gatos condominium & townhouse sales (click on link for more info)

Improvement month over month, but year over year the numbers are still down. 

Trends At a Glance Apr 2012 Previous Month Year-over Year
Median Price $616,000 $565,000 (+9.0%) $715,000 (-13.8%)
Average Price $596,557 $590,294 (+1.1%) $768,500 (-22.4%)
No. of Sales 11 17 (-35.3%) 5 (+120.0%)
Pending Properties 21 15 (+40.0%) 13 (+61.5%)
Foreclosures Sold 2 2 (0.0%) 1 (+100.0%)
Short Sales Sold 1 2 (-50.0%) 0 (N/A)
Active Listings 11 20 (-45.0%) 40 (-72.5%)
Sales Price vs. List Price 98.1% 96.8% (+1.3%) 97.4% (+0.7%)
Days on Market 63 78 (-19.3%) 108 (-41.6%)

The Los Gatos Mountains 

Softer prices prevail in the mountains….

Trends At a Glance Apr 2012 Previous Month Year-over Year
Median Price $662,500 $678,000 (-2.3%) $715,000 (-7.3%)
Average Price $589,750 $651,484 (-9.5%) $683,750 (-13.7%)
No. of Sales 4 8 (-50.0%) 4 (0.0%)
Pending Properties 16 8 (+100.0%) 7 (+128.6%)
Foreclosures Sold 0 1 (-100.0%) 0 (N/A)
Short Sales Sold 0 1 (-100.0%) 0 (N/A)
Active Listings 31 32 (-3.1%) 21 (+47.6%)
Sales Price vs. List Price 91.6% 99.6% (-8.1%) 93.6% (-2.1%)
Days on Market 190 90 (+112.0%) 144 (+32.2%)

Los Gatos Real Estate Market Trends

January 11, 2011

December 2010 sales numbers in Los Gatos

December was a good month for sales of houses in Los Gatos, showing a dramatic 63% increase in the number of closed sales over the month before. Inventory was down sharply too, further increasing the odds of a sale in December.  With lower inventory and buyers jumping on interest rates as they began to creep up, it was a sellers market for this part of the Los Gatos real estate market.  For many more details, click on the link below.  A sumary of the number follows directly beneath it.

The Los Gatos Real Estate Market Trends Report: Single Family Homes (houses & duet homes)

December 2010:  Sales increased 63.2% from the month before, and were up 14.8% year-over-year. Prices slipped in Dec 2010 with the median price dipping 13% from the previous month, down 15% compared to last year. The average price fell 7.4%, a yearly loss of 10.3%. Inventory fell 26.7% from last month, and was down 10% year-over-year.

Trends At a Glance Dec 2010 Previous Month Year-over Year
Median Price $1,000,000 $1,150,000 (-13.0%) $1,176,000 (-15.0%)
Average Price $1,203,520 $1,299,320 (-7.4%) $1,342,370 (-10.3%)
No. of Sales 31 19 (+63.2%) 27 (+14.8%)
Pending Properties 39 48 (-18.8%) 31 (+25.8%)
Active 87 124 (-29.8%) 109 (-20.2%)
Sale vs. List Price 96.5% 94.5% (+2.1%) 96.8% (-0.2%)
Days on Market 69 75 (-7.5%) 59 (+17.2%)

The Condo market in Los Gatos is another story! December saw a slight improvement in market conditions but it remains a buyers market for Los Gatos condominium or townhouse buyers.  The prices (average and median) both slipped, as did the list price to sales price ratio, accompanied by a longer “days on market”, underlying the soft market.

The Los Gatos Real Estate Market Trends Report: Condominiums & Townhouses 
(aka condos & townhomes)

December 2010: Sales increased 12.5% from the month before, and were up 12.5% year-over-year.  Prices slipped in Dec 2010 with the median price dipping 7% from the previous month, down 7.4% compared to last year. The average price fell 6.6%, a yearly loss of 16.5%. Inventory fell 18.8% from last month, and was down 20.4% year-over-year.

Trends At a Glance Dec 2010 Previous Month Year-over Year
Median Price $520,000 $559,000 (-7.0%) $561,500 (-7.4%)
Average Price $493,267 $527,988 (-6.6%) $590,738 (-16.5%)
No. of Sales 9 8 (+12.5%) 8 (+12.5%)
Pending Properties 5 10 (-50.0%) 9 (-44.4%)
Active 34 38 (-10.5%) 40 (-15.0%)
Sale vs. List Price 95.2% 99.0% (-3.9%) 97.2% (-2.1%)
Days on Market 107 38 (+181.7%) 103 (+3.2%)

November 2010’s numbers for Los Gatos residential real estate sales – first for houses, then condos:

Trends At a Glance Nov 2010 Previous Month Year-over Year
Median Price $1,150,000 $1,080,000 (+6.5%) $1,360,000 (-15.4%)
Average Price $1,299,320 $1,305,570 (-0.5%) $1,412,730 (-8.0%)
No. of Sales 19 32 (-40.6%) 31 (-38.7%)
Pending Properties 48 45 (+6.7%) 46 (+4.3%)
Active 124 141 (-12.1%) 142 (-12.7%)
Sale vs. List Price 94.5% 96.4% (-1.9%) 96.2% (-1.8%)
Days on Market 75 33 (+127.0%) 63 (+19.0%)

Trends At a Glance Nov 2010 Previous Month Year-over Year
Median Price $559,000 $525,500 (+6.4%) $573,500 (-2.5%)
Average Price $527,988 $534,833 (-1.3%) $560,394 (-5.8%)
No. of Sales 8 6 (+33.3%) 8 (0.0%)
Pending Properties 10 6 (+66.7%) 10 (0.0%)
Active 38 44 (-13.6%) 43 (-11.6%)
Sale vs. List Price 99.0% 96.0% (+3.1%) 96.5% (+2.6%)
Days on Market 38 101 (-62.6%) 95 (-60.1%)

The real estate market will vary based on zip code, school district, price point, square footage of home & land etc., so this is only a very broad overview.  Information for your home’s segment of the market could be very different.  For instance, there’s a huge difference betwen the luxury home market and the entry level markets in Los Gatos.  Often there’s a big gap between a “walk to town” home and one that’s remote. So too with “sale type”: regular vs short sale vs bank owned. Loads of variables.  Please contact me for specific info on your area or part of the market.

Want a longer timeframe, such as annual or quarterly report, or the performance of the market going back a few years?  You can view the 2010 annual report, qua
rt
erly reports or view sales around any address in Santa Clara County (Campbell, Saratoga, San Jose and also areas of San Jose such as Cambrian Park or Almaden Valley) by visiting
www.popehandy.rereport.com.

To see the most recent posts or articles on this topic, please click here:
Los Gatos Homes & Housing Market

Interested in selling or buying a home in Los Gatos? Please call or email me today!
Mary Pope-Handy, Realtor, Sereno Group
408 204-7673  mary (at) popehandy.com

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

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Silicon Valley real estate,
focus on home selling


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About the real estate search:

Use the widget below to browse properties which are for sale, under contract (pending) or sold. Want to view only homes which are available now? Use the "find a home" link on the menu above (next to the "home" button).

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Listings in 95030

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