September 24, 2013
What does it cost to buy a home in Los Gatos “with the schools” (as opposed to the Union School District or the Campbell School District areas)? In the last 90 days, 68 houses have sold in Los Gatos within the Los Gatos Union School District. The averages will give you some idea of pricing, but remember that the range is very broad because Los Gatos includes quite a few luxury or estate properties! Those disclaimers aside…
Houses sold in the last 90 days in the Los Gatos Union School District
- Average home size appx 2700 SF
- Average lot size a little over an acre, about 1.1 acre
- Average sales price appx $1,850,000
That’s not to say that you cannot purchase a house in town for quite a bit less! The least expensive home was an 1150 SF house on Las Astas Drive that sold for $882,000. There were three in the $900s. And four between 1 and $1.1 million. In all, there were 16 homes that sold for no more than $1,250,000.
Of these more affordable properties, the averages are:
- Average home size appx 1500 SF
- Average lot size appx 7500
- Average sales price appx $1,092,000
Condominium and townhouse sales
Condos and townhouses are more affordable still. There were 17 of them which closed escrow in the last 90 days. Averages here:
- Average home size appx 1350 SF
- Average HOA fee (monthly) $445
- Average sales price $640,000
The most affordable condo sold in the last 3 months was a small one bedroom unit for $300,000 with about 750 square feet of living space.
There’s quite a big range of home prices in Los Gatos. If you’re interested in buying residential real estate in Los Gatos (any school district) or nearby, please give me a call or write me an email and we can discuss finding the best home that works for you and your budget.
