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

Homes & Housing Market

Los Gatos Appreciation

January 16, 2007

 

Los Gatos Annual Real Estate Trends

SINGLE-FAMILY HOMES % Change from Year Before
Area Year Sales Median Price Average Price DOM New Listings Sales Median Price Average Price New Listings
LG 1998 376 $660,000 $735,738 55 687
LG 1999 391 $730,000 $863,248 66 575 4.0% 10.6% 17.3% -16.3%
LG 2000 337 $925,000 $1,157,133 40 538 -13.8% 26.7% 34.0% -6.4%
LG 2001 232 $925,000 $1,164,241 65 731 -31.2% 0.0% 0.6% 35.9%
LG 2002 309 $955,000 $1,096,678 71 706 33.2% 3.2% -5.8% -3.4%
LG 2003 310 $970,000 $1,113,078 90 717 0.3% 1.6% 1.5% 1.6%
LG 2004 466 $1,165,000 $1,294,057 61 905 50.3% 20.1% 16.3% 26.2%
LG 2005 413 $1,251,000 $1,366,305 56 823 -11.4% 7.4% 5.6% -9.1%
LG 2006 299 $1,359,000 $1,504,811 57 662 -27.6% 8.6% 10.1% -19.6%

Affordable Housing in Los Gatos

December 06, 2006

liveinlosgatos wreath - Affordable Housing in Los Gatos

Affordable Housing in Los Gatos

Los Gatos is a pricey town. The average single family home sells for about $1,200,000 (starters upwards of $800,000 and it seems there is no upper limit on pricing for large homes on large parcels). So folks struggling to pay the rent, whether employed or retired, might not consider looking in Los Gatos for a below-market rate place to live. But the town has got some affordable housing, and the details are on the town website.  Visit it and learn about both rentals and purchase programs. 

Also, thinking of purchases, there are some great loan programs out there that can help too: Bank of America has an “Acorn program” with great terms (underwritten by a charity), and also there’s a CAL-FHA loan with even more generous guidelines, and then there are also programs for folks buying into zip codes where prices are depressed.  Interest rates have gone down in the last week or two (which is not atypical for December: remember, it’s supply and demand) and this is a great time to buy at a reduced cost.  I can put you in touch with a lender if you want to investigate any of these options.

Renting or buying, Los Gatos is a wonderful place to live.

Los Gatos Annual Real Estate Trends – Single Family Homes

November 26, 2006

Los Gatos Annual Real Estate Trends

SINGLE-FAMILY HOMES % Change from Year Before
Area Year Sales Median Price Average Price DOM New Listings Sales Median Price Average Price New Listings
LG 1997 359 $550,000 $641,487 66 611        
LG 1998 376 $660,000 $735,738 55 687 4.7% 20.0% 14.7% 12.4%
LG 1999 391 $730,000 $863,248 66 575 4.0% 10.6% 17.3% -16.3%
LG 2000 337 $925,000 $1,157,133 40 538 -13.8% 26.7% 34.0% -6.4%
LG 2001 232 $925,000 $1,164,241 65 731 -31.2% 0.0% 0.6% 35.9%
LG 2002 309 $955,000 $1,096,678 71 706 33.2% 3.2% -5.8% -3.4%
LG 2003 310 $970,000 $1,113,078 90 717 0.3% 1.6% 1.5% 1.6%
LG 2004 466 $1,165,000 $1,294,057 61 905 50.3% 20.1% 16.3% 26.2%
LG 2005 413 $1,251,000 $1,366,305 56 823 -11.4% 7.4% 5.6% -9.1%

Los Gatos Real Estate Annual Trends – Condos

November 26, 2006

CONDOS % Change from Year Before
Area Year Sales Median Price Average Price DOM New Listings Sales Median Price Average Price New Listings
LG 1997 120 $307,500 $331,610 38 172
LG 1998 141 $369,500 $371,263 38 202 17.5% 20.2% 12.0% 17.4%
LG 1999 139 $415,000 $401,278 41 185 -1.4% 12.3% 8.1% -8.4%
LG 2000 142 $549,500 $546,117 27 168 2.2% 32.4% 36.1% -9.2%
LG 2001 87 $487,500 $508,365 63 243 -38.7% -11.3% -6.9% 44.6%
LG 2002 148 $507,500 $532,005 65 280 70.1% 4.1% 4.7% 15.2%
LG 2003 159 $529,000 $531,194 90 277 7.4% 4.2% -0.2% -1.1%
LG 2004 169 $563,000 $590,146 41 248 6.3% 6.4% 11.1% -10.5%
LG 2005 163 $650,000 $670,409 36 222 -3.6% 15.5% 13.6% -10.5%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

Info by Rick Campbell of The RE Report (a subscription I have)

Mary Pope-Handy, Realtor, CRS, ABR, e-PRO, SRES, ASP, RECS, CNHS
Helping Nice Folks to Buy & Sell Homes Since 1993
Co-Author: “Get The Best Deal When Selling Your Home In Silicon Valley”
Intero Real Estate Services, Los Gatos, CA (Silicon Valley)
408 357-5760 (Direct); 408 204-7673 (Cell); 408 715-0201 (eFax)
www.PopeHandy.com www.ValleyOfHeartsDelight.com
emailto: Mary@PopeHandy.com
Blog: www.LiveInLosGatos.com

 

Los Gatos Homes for Sale between $1,000,000 and $2,000,000

Browse Los Gatos Homes for Sale between $1,000,000 and $2,000,000 (zip codes 95030, 95032, and 95033 – this will include the Los Gatos Mountains)

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(all data current as of 6/16/2019)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 
Mary Pope-Handy's Valley of Heart's Delight logo

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

Helping Nice Folks to
Buy & Sell Homes
in Silicon Valley
since 1993

 

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ValleyOfHeartsDelight blog
Santa Clara County Real Estate,
especially the West Valley areas
*Main BLOG*

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Silicon Valley relocation info

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Los Gatos real estate
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focus on home selling

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Gateway to Mary's other sites, info on Mary Pope-Handy's listings

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Statistics and trends for Santa Clara County, San Mateo County, and Santa Cruz County - updated monthly



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