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

Silicon Valley Short Sale Listings: Tracking the Numbers in Los Gatos, Monte Sereno, Saratoga and the Cambrian Park Area of San Jose

September 25, 2010

How’s the Silicon Valley real estate market? One way of knowing is to keep a pulse on the number of short sale listings, sales and closings. Most regular “real estate reports” don’t track distressed property sales too well.  (Even mine, which is quite good – I invite you to take a look at www.popehandy.rereport.com.)

Los Gatos, Monte Sereno and Saratoga – high end, west valley communities – all continue to feature very few short sale listings, and these markets remain stronger. San Jose’s Cambrian Park neighborhood (or district) is a more affordable area and it tends to reflect how Santa Clara County is doing as a whole, if perhaps a little more optimistically.  Today we’ll see how these four areas are doing.

The homes referenced here are houses, duet homes, townhouses, and condominiums (for agents: class 1 and 2 on our MLS).

There are far more pending short sales than closed short sales. There are many reasons for this but the bottom line is that many never close at all.  They can be a fantastic deal for those who are patient – but most buyers are not! homes”>http://www.realtown.com/LiveInLosGatos/blog/short-sales-and-bank-owned-homes

How's the market? search for homes now


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

Mary Pope-Handy

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,
Monte Sereno,
and the San Jose areas of
Cambrian and Almaden Valley

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


Privacy Policy

Mary's other sites
and blogs

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

Silicon Valley relocation info

Los Gatos real estate
Silicon Valley real estate,
focus on home selling

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

The Real Estate Report
Statistics and trends for Santa Clara County, San Mateo County, and Santa Cruz County - updated monthly

Let's Connect

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).

Search real estate listings

Looking for content on just a certain topic? Use the pull down menu below to search by category.