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15839 Edmund Dr. Los Gatos, CA 95032

15839 Edmund Dr LG 95032 Collage

SOLD – 15839 Edmund Dr. Los Gatos 95032
Closed on 4/30/2021 at $2,465,000

View virtual tour at LosGatosHomeSale.com

A spacious 4 bed 3 bath open floorplan home on a deep lot
in a beautiful, convenient East Los Gatos cul de sac!

Spacious home featuring hardwood floors throughout. Large kitchen with abundant counter space and breakfast bar. Open living space overlooks the back yard. Four bedrooms, two with en suite baths. Deep back yard provided newer, heated lap pool with safety cover, large deck, and storage shed.

Highly regarded schools: Alta Vista Elementary (convenient access via pedestrian bridge), Union Middle, and Leigh High.

4 bed / 3 bath (2 bedrooms with en suite baths)

Lot Size 10,000 SqFt

Building Size 2,252 SqFt

Built 1953

Offered at $1,800,000

MLS # ML81835578

For more images and information visit LosGatosHomeSale.com

Features:

  • Deep lot
  • Hardwood flooring – oak in original bedroom wing and engineered hardwood in most of the rest of the home (all but kitchen and bathrooms)
  • Fireplace in living room
  • Open floorplan
  • Large kitchen with 10′ breakfast bar and gas cooking
  • Heated lap pool with safety cover
  • Large, 750 SF deck with hot tub near primary bedroom
  • Storage shed

What’s Selling in Los Gatos Now? How’s the Market?

What’s selling right now in Los Gatos?  The Los Gatos real estate market tends to have warmer and cooler pockets. (Please also see  The Real Estate Market Trends in Los Gatos .) At the moment, almost anything listed for saleunder $2 million in Los Gatos 95030 and 95032, as long as it’s appropriately priced, staged, and marketed, is selling in under a month – and about half of those that sell do so in about 10 days.  The Los Gatos luxury home market is not quite so on fire, though. As the price rises, so does the “days on market”.

Here’s a quick view of the 95030 median list price by quartile (4 pricing tiers).  All levels have had some movement, but it’s most dramatic in the highest priced homes.

Next, let’s check out Los Gatos 95032, also for the median list price of houses for sale – same situation here with the most irregular movements happening in the top part of the pricing segments.

What about the days on market? (more…)

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.

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.

Los Gatos & Monte Sereno Real Estate Sales Info for June 2010

July 06, 2010

In general, the Santa Clara County real estate market cooled a bit in June with rising inventory and less demand by home buyers, but in Los Gatos it improved very slightly, while in Monte Sereno it worsened.  Below please find a summary from my Real Estate Report (which you can check out for more information on these areas as well as Saratoga, Almaden Valley, Cambrian Park, Campbell, etc.( Links for each section will take you to the referenced part of the REReport. You may also read a downloadable, 4 page pdf with more articles about the local realty market here.

The Los Gatos (95030 & 95032) Real Estate Market for June 2010 for Houses & Duet Homes

Trends At a Glance Jun 2010 Previous Month Year-over Year
Median Price $1,250,000 $1,231,150 (+1.5%) $1,078,750 (+15.9%)
Average Price $1,348,340 $1,416,700 (-4.8%) $1,078,250 (+25.0%)
No. of Sales 41 29 (+41.4%) 28 (+46.4%)
Pending Properties 62 61 (+1.6%) 42 (+47.6%)
Active 153 158 (-3.2%) 181 (-15.5%)
Sale vs. List Price 96.8% 97.5% (-0.7%) 95.8% (+1.0%)
Days on Market 47 46 (+1.8%) 69 (-32.2%)

The Los Gatos median sales price inched up both year over year and month over month.  (So more expensive homes are starting to sell.)  The average sales price of these houses improved significantly year over year (25%) but fell almost 5% month over month.  Closed and pending sales are both up and inventory is down 15% from a year ago and about 3% from last month.  The list price to sales price ratio fell a little and the days on market stayed close to the same from a month ago.  All in all, it is close to a balanced market for houses in Los Gatos according to the Real Estate Report.

Want more info? I also have a weekly report from Altos Research (uses list prices, not sales prices). Altos breaks it down by zip code and the files below are pdfs:

Los Gatos 95030 Single Family Home (houses & duets) Market for the week of July 3 2010
(pdf, will open new window)
Los Gatos 95032 Single Family Home (houses & duets) Market for the week of July 3 2010
(pdf file, will open in a new window)

The Los Gatos (95030 & 95032) Real Estate Market for June 2010 for Condominiums and Townhouses

Trends At a Glance Jun 2010 Previous Month Year-over Year
Median Price $640,000 $555,000 (+15.3%) $635,000 (+0.8%)
Average Price $626,625 $546,612 (+14.6%) $615,000 (+1.9%)
No. of Sales 11 (+37.5%) (+57.1%)
Pending Properties 8 15 (-46.7%) 11 (-27.3%)
Active 52 43 (+20.9%) 57 (-8.8%)
Sale vs. List Price 97.3% 98.0% (-0.8%) 95.4% (+2.0%)
Days on Market 109 154 (-29.0%) 112 (-2.8%)

The Los Gatos condo & townhome market also improved in June.  Although it is still a buyer’s market, it is creeping its way toward balanced with improving sales prices (both median and average), more closed sales and shrinking days on the market.

If you’d like a little more info on the Los Gatos Condominium & Townhouse Market, please also see these reports from Altos Research, which breaks down the info by zip code (and uses list prices):

Los Gatos 95030 Condo Market for the week of July 3, 2010 (pdf, will open in a new window)
Los Gatos 95032 Condo Market for the week of July 3, 2010&nb
sp;
(pdf, will open in a new
window)

The Monte Sereno (95030) Real Estate Market for June 2010

Monte Sereno has no townhomes or condos, so our market report is reflective only of houses (and estates).

Trends At a Glance Jun 2010 Previous Month Year-over Year
Median Price $2,387,500 $1,632,500 (+46.2%) $1,510,000 (+58.1%)
Average Price $2,387,500 $1,677,500 (+42.3%) $1,510,000 (+58.1%)
No. of Sales 2 (-66.7%) (+100.0%)
Pending Properties 7 (+40.0%) (+16.7%)
Active 39 34 (+14.7%) 30 (+30.0%)
Sale vs. List Price 100.7% 99.3% (+1.5%) 98.8% (+2.0%)
Days on Market 46 71 (-35.5%) (+475.0%)

Sales prices are rising and the number of sales have increased while days on market have decreased.  But with 39 houses for sale in Monte Sereno and just 2 closed in June, that’s a lot more inventory than demand and reflects 19.5 months of inventory.  The rising number of pendings indicates that things are improving, and hopefully will help to counteract the also rising number of homes on the market. Buyers: this is a good time, generally, to purchase a home in Monte Sereno!

The Los Gatos Mountains (95033) Real Estate Market for June 2010

This area includes both portions in Santa Clara County & Santa Cruz County.

Trends At a Glance Jun 2010 Previous Month Year-over Year
Median Price $762,875 $802,000 (-4.9%) $720,000 (+6.0%)
Average Price $709,993 $844,146 (-15.9%) $823,000 (-13.7%)
No. of Sales 10 12 (-16.7%) (+100.0%)
Pending Properties 6 13 (-53.8%) (-14.3%)
Active 52 43 (+20.9%) 35 (+48.6%)
Sale vs. List Price 95.3% 95.7% (-0.4%) 92.5% (+3.1%)
Days on Market 70 81 (-14.6%) 200 (-65.2%)

To get all of the data for every city in Santa Clara County and the major districts in San Jose, please check out my current ReReport online.  Additionally, you can check out listing & sales activity in your own neighborhood (see what’s happening on our MLS) by inputting any address in the county on the REReport’s Property Analysis page.  (It loads a little slowly so please be patient.) There’s no registration required for any of this useful information.

Our local market consists of many micro-markets, often varying from one zip code, price point, or school district to another.  Please contact me if you would like information on your specific market.