Select Page
Los Gatos Commons

Los Gatos Commons

Los Gatos Commons signThe Los Gatos Commons is a popular senior condominium community off of Alberto Way in Los Gatos, very close to the downtown shopping and dining district (see map, below). This complex was developed in 1978, so is 44 years old as of this writing in 2022.

There are 110 condo units, at The Los Gatos Commons, ranging from 1 to 3 bedrooms. Most units have carports, but there are a few with 1 car garages available. A plus for many residents is that it is gated – a rarely found amenity in Silicon Valley.

Like other senior communities, of which there are very few in Santa Clara County, properties are more affordable here than what you might find in non age-restricted condominiums nearby.

Homes share a clubhouse, pool, spa, and fitness room, as well as beautifully maintained landscaping. Units have covered parking.

Nearby amenities include easy access to highways 9 and 17, a close proximity to downtown shopping, dining, and entertainment, such as the public library and parks. The location is hard to beat!

 

Los Gatos Commons Map

What do HOA Dues cost at The Los Gatos Commons?

The Los Gatos Commons home owner association dues start at about $425 – $600 and are more for larger units. Two recent 2 bed sales have had $507 monthly fees, and one had a $520 monthly fee. The fee covers things like common area maintenance, cable/dish services, and water.

(more…)

Los Gatos condo sales: what does your money buy?

Los Gatos condo sales are good to watch as it provides info on the most affordable segment of the local real estate market. The condo / townhome market in Los Gatos includes a broad spectrum of housing and affordability across the 95030 and 95032 zip codes and its various school districts.

Included are senior condominiums (mostly but not exclusively at the Los Gatos Commons), which are usually the lowest priced homes and which are residences with age restrictions (mostly 55+). This can skew the data a little, so remember that if it looks too good to be true, it probably is (for all the non-seniors who would love the prices at the Commons in a non seniors complex).

Also incorporated in the chart below are townhouses. A townhouse is an architectural style, not a type of ownership. A townhouse really refers to properties with no other units above or below them. They are either in condo style ownership (essentially a condominium in the shape of a townhouse) or they are planned unit developments (PUDs), which are not condos and in which the ownership includes the land under the unit.  (See also: Is that Los Gatos house or townhouse actually a condo? on this blog.)

Chart of Los Gatos condo sales in 2020

Below please find data on the Los Gatos 95030 and 95032 condominium and townhome sales.

 

Los Gatos condo sales in 2020 year to date

 

How do these condo and townhome prices compare to other nearby areas? Here’s the most recent data from my RE Report (link is to the main site, the PDF with this chart is listed in left column).

(more…)

Los Gatos and Monte Sereno Homes Over $2,000,000

 

View Los Gatos homes for sale from $2 million and up. (All zip codes: 95030, 95032, 95033.) First, browse by map:

Or view a list – this displays homes most recently put on the market first.

  • List View
  • Map View
  • Grid View

See all Real estate matching your search.
(all data current as of 12/9/2022)

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

 
 

Interested in buying a luxury or high end home in Los Gatos? Please contact me for a private, no obligation consultation.

Wedgewood Manor condos in West Los Gatos

The Wedgewood Manor condomium community represents one of the most affordable areas in Los Gatos. Originally a seniors complex, it was converted to be available for all ages a few years back.

There are 108 units, found at the end of Lora Drive in west Los Gatos (close to the Campbell border).

Homes range between 786 SF and 1050 SF and offer as many as 2 bedrooms and 2 bathrooms, though many of these abodes are smaller. Prices for homes selling in the last year (as of the October 2016 update to these numbers) have been around the low $500s.

The main draw is often the affordability factor, which is huge! The biggest negatives are the proximity to the freeway, train tracks, and high voltage power lines, which all run together.

Wedgewood Manor and nearby in west Los Gatos

Los Gatos Real Estate Market Update for July 2010

August 05, 2010

The Los Gatos real estate market cooled a bit in July after having a little improvement in the market in June. Sales fell 19.5% from the month before (up 13.8% year-over-year).

Prices slipped in July 2010 with the median sales price for Los Gatos houses dipping 1.6% from the previous month (up 7.0% compared to last year). The average price fell 1.2% in July, a yearly gain of 1.5%.  The low point of the market appears to have been in 2009, so anyone waiting for the best prices in Los Gatos may have missed that point already. 

Inventory fell 2.3% from last month, and was down 5% year-over-year.

Here are the numbers at a glance for houses in Los Gatos:

Trends At a Glance Jul 2010 Previous Month Year-over Year
Median Price $1,230,000 $1,250,000 (-1.6%) $1,150,000 (+7.0%)
Average Price $1,332,280 $1,348,340 (-1.2%) $1,312,410 (+1.5%)
No. of Sales 33 41 (-19.5%) 29 (+13.8%)
Pending Properties 53 62 (-14.5%) 36 (+47.2%)
Active 157 153 (+2.6%) 185 (-15.1%)
Sale vs. List Price 98.8% 96.8% (+2.1%) 96.1% (+2.8%)
Days on Market 36 47 (-21.8%) 62 (-41.7%)

For the Los Gatos condo market, it’s been rougher.

  • Sales fell 9.1% from the month before, and were up 25.0% year-over-year.
  • Prices slipped in Jul 2010 with the median price dipping 9.1% from the previous month, up 12.4% compared to last year. The average price fell 1.8%, a yearly gain of 15.1%.
  • Inventory fell 8.3% from last month, and was down 16.7% year-over-year

And the numbers at a glance for condos:

Trends At a Glance Jul 2010 Previous Month Year-over Year
Median Price $582,000 $640,000 (-9.1%) $518,000 (+12.4%)
Average Price $615,345 $626,625 (-1.8%) $534,806 (+15.1%)
No. of Sales 10 11 (-9.1%) 8 (+25.0%)
Pending Properties
5 8 (-37.5%) 13 (-61.5%)
Active 50 52 (-3.8%) 53 (-5.7%)
Sale vs. List Price 96.0% 97.3% (-1.3%) 99.2% (-3.2%)
Days on Market 80 109 (-26.6%) 86 (-6.5%)

 

Here are some countywide facts on the real estate market:

  • The number of sales fell 6.6% from the month before, and were down 22.7% year-over-year.
  • Prices slipped in Jul 2010 with the median price dipping 1.1% from the previous month, up 9.5% compared to last year. The average price rose 2.4%, a yearly gain of 13.8%. (Condo prices slipped more, in the 2-4% range.) 2009 appears to have been the bottom of the market.
  • Inventory rose 0.9% from last month, and was down 13.5% year-over-year.
  • The list price to sales price ratio slipped slightly but is close to 100% – so we are seeing lower list prices as well as lower sales prices.

Please visit my comprehensive on-line report for Santa Clara County, which includes market data by city and area within the county (for instance, the market for houses or condos in Cambrian, Willow Glen, Almaden, Monte Sereno, Saratoga etc.).

 You can read the full report here: http://popehandy.rereport.com , you may have to cut and paste this address into your browser address bar, or, you can just Click here.

There is also a 4 page printable version with more articles here: http://rereport.com/scc/print/Mary.PopeHandySCC.pdf , you may have to cut and paste this address into your browser address bar, or, you can just Click here.

As always, please contact me for information specific to your home & neighborhood.