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

Los Gatos Real Estate

Hillbrook neighborhood in east Los Gatos

Hillbrook Drive at Fairmead LaneThe Hillbrook neighborhood is a beautifully maintained part of east Los Gatos. It sits just off Blossom Hill Road, about one block from Blossom Hill Park, with several homes backing to that park. It consists of Hillbrook Drive and a little park at Hillbrook & Blossom Hill, Fairmead Lane, and Eastridge Drive. For area newcomers who might be confused – this is not the area right next to Hillbrook School, which is at the end of Marchmont Drive.

Built between 1962 and 1965, the three dozen or so homes here are comfortably sized between 1600 and 3100 square feet and sit upon lots that are approximately a quarter acre. Nearly all of the houses are ranch style, but the few on Fairview represent a subset of the ranch style: mid century modern (most people think of Eichler, which is the predominant mid century modern type found in Silicon Valley, but these aren’t Eichlers per se). Although the houses are older, most have been updated and remodeled over the years, and are in great shape.

The name Hillbrook appears to derive from the area’s proximity to nearby Blossom Hill (the foothill, not the road named for it) and for Ross Creek, which runs through the the neighborhood.

One of the major draws to this neighborhood is the close proximity of Blossom Hill Elementary School, which is part of the highly regarded Los Gatos Union School District.

Hillbrook neighborhood real estate

Hillbrook neighborhood in Los GatosHomes in this little pocket do not turn over much, but the homes that do sell are running between about $1,500,000 and $2 million. The price naturally depends on many factors: home size, lot size, condition of the home, exact location, and so on.

Neighborhood access

Although this small neighborhood is found just off Blossom Hill Road, it is not necessary to turn left on that busy street to get to downtown Los Gatos.  Hillbrook Drive turns into Eastridge, and that leads to Lansberry, which can take you to Shannon Road. From Shannon there is a traffic signal for crossing Los Gatos Boulevard – often an easier way to go during rush hour. It’s easy to get to the park, to Blossom Hill Elementary, and to town from this location.

Recently I was driven through the area and shot some video to share.  Right now it’s August 2015 and we are in the middle of a very longstanding drought, so you will notice many “California gold” colored front yards.  This is not typical at all – it’s just a response to the request for water conservation from the governor and our local water utilities.

Narrated video drive-through of the Hillbrook neighborhood:

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.

 

University or Edelen Historic District neighborhood in Los Gatos

Edelen University historic district neighborhood Los Gatos collage 1000

This Los Gatos real estate article was originally written in 2007 but updated in late August 2015. Some of the photos are from the original post, and some from this last week.  – mph

One of the oldest residential neighborhoods in Los Gatos is the Edelen District, also called the University District. Originally a vineyard just north of the town’s school (where Old Town stands today), this residential neighborhood runs alongside the Los Gatos Creek to University Avenue or North Santa Cruz. Streets include University Avenue (south of Highway 9), Miles, Miller, and Edelen Avenues. (For more information on the location, please visit the town of Los Gatos’ statement on the Edelen District,ordinance 2168 on the University/Edelen District.).

This officially designated historic area also once included homes downhill (off Miles), along the banks of the Los Gatos Creek. But frequent flooding made that untenable. Now the lower area, by the edge of the Los Gatos Creek, is home to the town’s recycling center, truckyard and carlot as well as the parks department’s building (Department of Parks and Public Works). And it houses the relocated Maria’s Berry Farm buildings too (formerly near Highway 17 and Lark Avenue and moved when Highway 85 was constructed in the early 90’s).

Filled with beautiful Victorian homes, many built in the late 1800s, the Edelen District boasts an incredible proximity to downtown Los Gatos (as does the Almond Grove, but this area is even closer “in”). The streets are tree-lined and delightful looking, and most owners clearly prize their distinctive and historically important homes and have restored and maintained them lovingly. This is a highly prized bunch of Los Gatos real estate!

129 Edelen Avenue, Los GatosFor visitors to the Edelen District, parking is a pain. Most of the area is permit parking only, 24 hours a day. And it makes sense. These residences were constructed largely without garages in mind. The folks who live there need to park at home without competing for space with visitors to Old Town or other downtown draws. To further protect this area from undesired traffic, Miller Avenue is closed to automobile traffic where it intersects with Edelen. Shoppers are therefore not tempted to park illicitly.

There are countless architectural treasures in this area, but let’s have a peek at just a couple so you can get a flavor of the neighborhood. (Thanks in advance to the fabulous book, Los Gatos Observed by Alastair Dallas and to the Town of Los Gatos for its Hooked on History Project, sponsored by the Los Gatos Library and History Museum)

The home I photographed this week at the upper right is at 129 Edelen Avenue. It’s a gorgeous Queen Anne Victorian and was built in 1892. Because of the large bushes and trees, it is difficult to get a clear view of the home today from one photographable angle. The “Hooked on History” project of Los Gatos has a wonderful photo on its site, though, and it provides a better view of the house (if in black and white).

130 Edelen, Los GatosDirectly across the street is another gorgeous house, located at 130 Edelen Avenue. It was built in 1886 and has been the setting for a movie and a television show. It, too, is a gracious Queen Ann Victorian with lots of splendid detailing. This was the winter residence of John Miles, a founder and developer of this district.

My suggestion for seeing this historic neighborhood is to park at the public lot behind the newer section of Old Town, stroll down University Avenue to Miller and walk down the street to Edelen. Cars cannot pass through the intersection, but pedestrians can. Enjoy a leisurely walk up the tree lined street and then turn back toward University on Miles Avenue.

Bring your camera!

 

 

Photo slideshow of Edelen Avenue historic homes

 

  • DSC00161 650x500 - University or Edelen Historic District neighborhood in Los Gatos
    101 Edelen Avenue - 1898 - multi family home
  • DSC00159 650x500 - University or Edelen Historic District neighborhood in Los Gatos
    104 Edelen, built in 1910 - small 2 bed, 1 bath cottage of 710 SF
  • DSC00160 650x500 - University or Edelen Historic District neighborhood in Los Gatos
    Street view next to 104 Edelen - near Old Town
  • 130 Edelen, Los Gatos
    130 Edelen Avenue - Miles House, 1886
  • DSC00166 650x500 - University or Edelen Historic District neighborhood in Los Gatos
  • 129 Edelen Avenue, Los Gatos
    129 Edelen Avenue, TheSkinkle House, c. 1892
  • DSC00163 650x500 - University or Edelen Historic District neighborhood in Los Gatos
  • DSC00164 650x500 - University or Edelen Historic District neighborhood in Los Gatos
  • DSC00165 650x500 - University or Edelen Historic District neighborhood in Los Gatos
  • DSC00167 650x500 - University or Edelen Historic District neighborhood in Los Gatos
  • Marias Berry Farm 10 483x372 - University or Edelen Historic District neighborhood in Los Gatos
    Maria's Berry Farm 41 Miles Avenue- was moved to the Los Gatos Parks & Public Works grounds

 

Homes for sale in the Edelen or University Historic neighborhood in Los Gatos

Below please view any homes for sale in this historic Los Gatos neighborhood by map or by list view through the link. Continue reading

Aerial views of Los Gatos

In June 2015, my husband, his brother, and neice enjoyed a flight in a small private plane that took them from Livermore to Santa Cruz and then over downtown Los Gatos. They’ve shared their images with me to share with you – hope you enjoy them!  (Not your typical Los Gatos real estate view!!)

Los Gatos and beyond from the air

View coming into Los Gatos from the Santa Cruz Mountains

 

Los Gatos and Saratoga from the air

Downtown Los Gatos – you can see Los Gatos-Saratoga Road heading toward Monte Sereno and Saratoga in the middle of this image

 

Los Gatos - Monte Sereno hill from the air

Los Gatos – Monte Sereno hill from the air – downtown Los Gatos is seen on the bottom right corner

 

Aerial view of east Los Gatos

Aerial view of east Los Gatos – closest in is the Santa Cruz Mountains, then the Shannon Valley with Blossom Hill just beyond it

 

The historic Broadway area neighborhood in Los Gatos

Broadway and El Sereno The very first subdivision or planned neighborhood in Los Gatos was along Broadway and nearby (Clifton Avenue, Browadway Extension and Wood Road).  There had already been quite a few houses built at that time in Los Gatos, but none were planned areas per se. John Lyndon was the developer and he bought the land and created 48 parcels which were sold in 1881 – a good six years before the far larger Almond Grove district was created and 6 years before the town was incorporated, too. A few homes in this area may already have been present, though, and seem to predate the 1881 date.

No doubt, Mr. Lyndon’s real estate buying decision was at least partially influenced by the location of his Lyndon Hotel, a whose bar was a popular hangout for the likes of John Steinbeck and Charlie Chaplain, which was located at the corner of Santa Cruz Avenue and Broadway, and now is the Lyndon Plaza (since sadly the hotel was torn down in the 1960s).

What was once a fairly quiet end of town is today mostly in the heart of it. The area closest to the post office enjoys a wide road (if desperately in need of repair), a good variety of Victorian and mostly older, historic homes, and is very uniformly well kept. Because it is either “in town” or “close to town”, the road is lined with cars most days – perhaps also because these houses of course pre-dated garages.

  • 1 Broadway Ave and El Sereno big file 468x360 - The historic Broadway area neighborhood in Los Gatos
    View of Broadway on a day with few cars - the hill is called El Sombroso
  • 2 Broadway home 650x500 - The historic Broadway area neighborhood in Los Gatos
    One of the many older looking homes on Broadway which includes a welcoming front porch
  • 3 Colorful Broadway home 650x500 - The historic Broadway area neighborhood in Los Gatos
    Colorful old Victorian era home
  • 8 hiding behind picket fence and lush greenery 650x500 - The historic Broadway area neighborhood in Los Gatos
    Many of the Los Gatos historic homes have picket fences, but this one also has dense shrubbery, making it fairly private
  • 9 Sidewalk view 650x500 - The historic Broadway area neighborhood in Los Gatos
    View from the sidewalk on Broadway
  • The Waterman House on Broadway appx 1875
    The Waterman House - appx 1875
  • 4 Mediterranean home on Broadway 650x500 - The historic Broadway area neighborhood in Los Gatos
    Larger Mediterranean house on Broadway
  • 5 Inviting front porch 650x500 - The historic Broadway area neighborhood in Los Gatos
    A welcoming home on Broadway
  • 6 Shingled home 650x500 - The historic Broadway area neighborhood in Los Gatos
    An unusual sight in Los Gatos: a shingled home
  • 7 Home on Broadway 421x324 - The historic Broadway area neighborhood in Los Gatos
    Another Victorian era home
  • 10 Broadway home 574x442 - The historic Broadway area neighborhood in Los Gatos
    Lovely old colonnaded home
  • 10 cars and cars 650x500 - The historic Broadway area neighborhood in Los Gatos
    Broadway looking toward Monte Sereno and Saratoga
  • 12 Broadway with cars 650x500 - The historic Broadway area neighborhood in Los Gatos
    Often there are many cars along Broadway today

Where is the Broadway Historic District in Los Gatos?

The Town of Los Gatos has a Historic Districts Map – have a look:

Town of Los Gatos Historic Districts Map

 

Broadway neighborhood of Los Gatos real estate information

Continue reading

What does it cost to buy a Los Gatos townhouse? What are typical HOA dues for townhomes in Los Gatos?

Los Gatos catLos Gatos is the “gateway to the Pacific” from Silicon Valley – and vice versa.  Snuggled into the base of the Los Gatos Mountains, this scenic area offers a charming downtown, architecturally interesting homes and commercial areas, a beautiful natural setting and great public and private schools to boot.  Housing costs are high here, so many wanting to make the town their home may investigate buying a townhouse or townhome rather than a single family home.

What does it cost to buy a Los Gatos townhouse?

Housing prices for townhomes varies with the school district, walkability, and proximity to downtown or other features such as having a view.  And, of course, the size of home, number of beds and baths, the outside space,  and its condition will all impact the home prices.

Most of the townhouses are 2 or 3 bedrooms.  There are some 4 bedroom homes and once in a blue moon, you may stumble upon a 1 bedroom.

On the low end, it may be possible to purchase a small Los Gatos townhouse for about $500,000 for a 1 bedroom, if you can find it.  At the high end, they can soar past $2 million.   For the 48 townhomes in sold in the last 180 days, anywhere in Los Gatos 95030 or Los Gatos 95032, here are the average numbers (list price, sale price, square footage, days on market, HOA fee, price per square foot) all together, for the Campbell Union High School District area of town and for the Los Gatos-Saratoga Joint Union High School District part of town:

Los Gatos townhome stats on cost to purchase

What I found most surprising is that buying a townhouse “in the schools” is not so much more expensive than one with Campbell or Union Schools.

What are typical HOA dues for townhomes in Los Gatos?

The Home Owner Association or HOA dues are often a shock to home buyers.  As you see in the chart above, an average HOA fee paid for the homes sold in the last 6 months was $530.  But they are not all so expensive – or so inexpensive. Continue reading

Los Gatos Village townhome community

Los Gatos Village townhomes in Los Gatos, CA (Silicon Valley)

Approximate boundaries of Los Gatos Village

Where can you find a 1 story townhouse which is only connected to its neighbor at the garage? This description fits many of the homes at Los Gatos Village, a tidy townhome community in east Los Gatos set alongside Los Gatos-Almaden Road.

Built in 1972, these comfortable homes are well designed both inside and out.   There are 163 units and of them, 57 have 2 stories and the rest are single story homes.

How big are the interiors and lots of town houses at Los Gatos Village?

These homes are modest in size, ranging from 1015 to 1494 square feet, generally (one home has 1648 SF – I would love to hear how that happened!). They have 2 or 3 bedrooms and 2 baths (there may be a few with 2.5 or 3 bathrooms, but most have 2). The lots likewise have a range between about 1563 SF and 4520 SF. I believe that every one of them has a 2 car garage.

Los Gatos Village is a Los Gatos real estate bargain

Homes in Los Gatos Village represent a bit of a bargain for Los Gatos housing prices as they are available for under $1 million (as of this writing in August 2015). Three sales in the last six months, from the update here in October 2016, have been in the mid $700s to the mid $900s. Dues are in the high $300s but includes quite a lot – painting, roof, beautiful lawn areas, and a pool. The incredibly good pricing might be why turnover is so low. In the last 365 days, there have been just 5 sales, representing a 3% annual turnover. If you see it and like it, buy it fast.
Los Gatos Village townhome community in Los Gatos CA
If you want to watch for these properties in your home search, these are the streets in which Los Gatos Village homes are located:  Milmar Way, Los Gatos-Almaden Road, Escobar Court, Escobar Avenue, and Camino del Cerro.

The good and the bad

Los Gatos Village SignVery very good:  Every home and every location has good and bad elements to factor in.  Here there’s a whole lot of good – the price point (esp. for the schools), very private townhomes, many barely attached at all and more like “patio homes” than town houses. The floorplans are smartly designed with good use of space and flow.  Many enjoy vaulted ceilings. Outside patios are also fairly spacious as townhome living goes.  It’s very hard to find a single story townhome, but there are more than 100 of them here! The complex is very scenic with lots of lawn area and graceful sidewalks inviting a good stroll into the neighborhoods nearby.

What newcomers may miss is the very convenient foot bridge where Camino del Cerro would seem to go through but is stopped by Ross Creek with two points of the road which do not actually connect for cars. But people on bike, skateboard, foot, or otherwise motor vehicle free can get across on the pedestrian bridge. This is very convenient if your goal is to get to Alta Vista Elementary School, which is just 1115 feet or so from the other side of the creek.

And in case you didn’t know, Alta Vista Elementary and Union Middle School are both very highly scoring with API scores well into the 900s.  This alone is a major draw for homes in this price point!

But wait, there’s more!  From this community it’s less than a mile’s walk to nearby Safeway, a coffee shop and all kinds of little stores at The Downing Center at Los Gatos-Amaden Road and Union. I measured about 6/10 of a mile from the front of LG Village to the shopping center. For those who cannot or do not want to drive, this is a pretty sweet location for taking care of the essentials!

Good schools, walkable area, more accessible homes (single story) set in a quiet, campus like setting – Los Gatos Village does have something for everyone and appeals to home buyers of all ages.

Los Gatos Village Greenbelt and power lines

Los Gatos Village with power linesThe not so good: The pricing and location is so good that you just know there had to be something making this so affordable, and so there is. High voltage power lines cut pretty much through the middle of this pretty community, far closer to the homes than many home buyers would like. And there’s nothing that can be done about it.

One corner of the community is “kitty corner” from the cemetery, the Los Gatos Memorial Park. For some home buyers, that may be a deal killer, but many will not take issue with the quiet neighbors.

These townhomes are older and some have “popcorn” or acoustic ceilings that today’s buyers do not want. If you otherwise like the home, I would suggest not eliminating it from your wish list because of the ceiling. You can hire someone to do it before you move in and it’s not nearly as costly as most Silicon Valley home buyers would think.

 

Los Gatos real estate, homes for sale and housing prices

Below please find a list of condos and townhouses which are for sale – as of the date of this article being written, none were for sale in Los Gatos Village.

  • List View
  • Map View
  • Grid View

See all Real estate matching your search.
(all data current as of 4/20/2019)

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

 
 

 

 

Home prices in Los Gatos & Monte Sereno: how much home can your money buy?

money blockHow far will your home buying dollar stretch if your goal is to buy Los Gatos real estate or Monte Sereno real estate? Housing prices in these areas are steep, but it’s interesting how different the market is from one price point, zip code, and school district to the next.

Today I spent some time doing the very mundane task of pulling and crunching the data from MLSListings.com to give my readers and clients a sense of the housing market in Los Gatos and Monte Sereno.  I teased it out by zip code and high school district (476 is Los Gatos-Saratoga Joint Union High School District and 473 is Campell Union High School District).  The 95032 zip code stretches to the far east and far west corners of this area  and if there were more sales I’d want to pull out the west vs east parts of the zip code – but with scant inventory and sales, that just wouldn’t work well right now.

The following statistics reflect Los Gatos and Monte Sereno single family home sales in the last 90 days in the 95030 zip code:

There are very very few homes in 95030 with the Campbell Union HSD, but there are a few and in the last 90 days there were two such sales / closings.  Obviously I cannot break 2 sales into 4 pricing quartiles too well, so left them lumped together – but you can see from the price per square foot that this area is selling incredibly well!

For those who insist on 95030 “in the schools”, the good news is that the real estate market is much softer here than in much of the valley – homes are generally selling at or under list price, rather than over, and they are not selling, on average, with just 10 days on the market or less.  Some do, of course – but most do not.  That makes it a great buying opportunity!

95030

 

Los Gatos and Monte Sereno single family home sales in the last 90 days in the 95032 zip code:

Next let’s look at Los Gatos and Monte Sereno 95032.  MOST of Monte Sereno is in the 95030 zip code, but a portion is not and has 95032 and/or Campbell Union HSD.

For the part of 95032 with CUHSD, the market is actually quite hot with most sales at 105-106% of list price.  Please note that in this grouping, there’s a very big jump in what you get for your money between the under $1 million quartile and the next quartile up – the house size about doubles, actually, but the price does not likewise double.  The next tier up has a far smaller jump, but when I was exporting the date from the MLS I saw that there was a very large clustering of homes sold between about 1.3 and 1.9 million and almost just combined them since an awful lot were sitting right around 1.5 – 1.7 million.  In any event, if you want to live in Los Gatos with about 2500 Square Feet with Leigh or Westmont High, the homes are running about $1.5 to $2 million.  Often they are a little higher on the west side of town as opposed to the east – my best guess is that it’s because that end is closer to pricy Saratoga and is a closer commute to many of the high teck work places.

The 95032 area “in the schools” is popular – you get a more affordable zip code with the famed Los Gatos schools. Interesting that again, this area is not as hot a market as the part of LG and MS with the Campbell Union HSD.  Perhaps that is because the elementary and middle schools are now very comparable, and only the high schools have a gap?  Many buyers are not willing to pay a giant premium for Los Gatos High – though some, of course, are.  (And they will also be happy to be in a location closer to downtown.)

95032

 

So where are the opportunities in this market?

Buyers:  If you want to buy in Los Gatos and get a home with Los Gatos Schoools, the market is not as competitive as the areas further from downtown with Union or Campbell schools. It is not cheaper, but it’s not quite so competitive, and you may not need to give away all your rights just to buy a home. Also, many Silicon Valley home buyers will push themselves to get into a home or school or zip code.  If you are able to get out of the bottom tier and into the 2nd from the bottom tier of pricing, you will find less competition and a whole lot more house for the money in most cases (just check the price per SF).

Sellers: Ovviously it’s a great time to sell a home in Los Gatos and Monte Sereno, and some segments are a whole lot hotter than others.  With the right pricing, staging, pre-sale prep and marketing, a solid home in this area can sell in under a month and often in under 2 weeks.  Home buyers are clamoring to live in Los Gatos and are often frightened by biting off more than they can chew, especially after the last mega recession, so having a good plan to ease buyers’ fears is truly imperative for selling fast and at top dollar (those two usually go together).

Interested in buying or selling a house in Los Gatos or Monte Sereno? Please give me a call or shoot me an email and we can set up a time to talk and see if we might work well together.  I’m a Los Gatos resident and a Los Gatos Realtor, a valley native and I appreciate the nuances of our area and market.

Los Gatos Real Estate Update by Zip Code

The Los Gatos real estate market varies by zip code, school district, neighborhood and price point. Today we’ll view it by zip code (95030, 95032 and 95033 – the latter is the Los Gatos Mountains area and is not part of the “town” but has a Los Gatos mailing address and is generally considered Los Gatos if not properly or officially part of the town).

1.)  First, let’s look at single family homes and some key stats (coming from Altos Research and will be updated weekly):

the median list price of single family homes in these 3 zip codes in Los Gatos plus the city of Monte Sereno, the total inventory of homes for sale in Los Gatos by zip code, homes absorbed, average list price, price per square foot, median lot size, average age, nad more.

Los Gatos 95030 real estate market data:

90-day stats for Single Family properties in
LOS GATOS, CA 95030 as of April 12, 2019
Median List Price:$3,114,654Average List Price:$4,066,505
Total Inventory:19Price per Square Foot:$1,043
Average Home Size:3,449Median Lot Size:30,220
Average # Beds:4.19Average # Baths:4.06
Homes Absorbed:2Newly Listed:2
Days on Market:179Average Age:53

 

Los Gatos 95032 real estate market statistic:

90-day stats for Single Family properties in
LOS GATOS, CA 95032 as of April 12, 2019
Median List Price:$2,661,257Average List Price:$3,473,027
Total Inventory:27Price per Square Foot:$917
Average Home Size:3,134Median Lot Size:12,831
Average # Beds:4.29Average # Baths:3.82
Homes Absorbed:5Newly Listed:6
Days on Market:81Average Age:38

 

Los Gatos Mountains (not “in town”) 95033 housing market information:

90-day stats for Single Family properties in
LOS GATOS, CA 95033 as of April 12, 2019
Median List Price:$1,494,692Average List Price:$1,980,351
Total Inventory:26Price per Square Foot:$562
Average Home Size:2,902Median Lot Size:126,660
Average # Beds:3.76Average # Baths:3.12
Homes Absorbed:3Newly Listed:3
Days on Market:117Average Age:42

 

Monte Sereno – not a part of Los Gatos but shares many services, so they are often intertwined:

90-day stats for Single Family properties in
MONTE SERENO, CA 95030 as of April 12, 2019
Median List Price:$3,363,000Average List Price:$3,371,601
Total Inventory:5Price per Square Foot:$989
Average Home Size:3,394Median Lot Size:37,507
Average # Beds:4.51Average # Baths:4.04
Homes Absorbed:0Newly Listed:1
Days on Market:13Average Age:38

 

2) Next, let’s see how some of these real estate statistic look compared to recent months – below please find the MEDIAN LIST PRICE (not sale price) of homes by zip code, separated out by pricing quartile:

95030 is mostly Los Gatos, but some homes will be in Monte Sereno

app?pai=50109450&service=chart&st=CA&cid=70&zid=333&rt=sf&ra=a&q=t%2Cu%2Cl%2Cb&s=median price&sz=l&ts=e&theme=newchart - Los Gatos Real Estate Update by Zip Code

95032 is 99% Los Gatos and 1% or so Monte Sereno

app?pai=50109450&service=chart&st=CA&cid=70&zid=334&rt=sf&ra=a&q=t%2Cu%2Cl%2Cb&s=median price&sz=l&ts=e&theme=newchart - Los Gatos Real Estate Update by Zip Code

The Los Gatos Mountains area – 95033 (more remote and usually far, far more affordable than the town of Los Gatos)

app?pai=50109450&service=chart&st=CA&cid=70&zid=335&rt=sf&ra=a&q=t%2Cu%2Cl%2Cb&s=median price&sz=l&ts=e&theme=newchart - Los Gatos Real Estate Update by Zip Code

 

 

To see what’s happening with the Los Gatos real estate market via the “solds” please visit my real estate report and view the latest market date & trends for houses in Los Gatos or houses in the Los Gatos mountain communities as well as the condo and townhouse market in the town of Los Gatos.  Additionally, you can check what has sold anywhere in Los Gatos or Santa Clara County generally as long as it was on the multiple listing service!

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

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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Photo of Mary Pope-Handy, August 2018

Mary's other sites
and blogs


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

Move2SiliconValley.com
Silicon Valley relocation info

popehandy.com
Los Gatos real estate
Silicon Valley real estate,
focus on home selling

ValleyOfHeartsDelight
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



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