Leo or Leona - the mascot of Los GatosThe Los Gatos real estate market is varied from one price point or school district to the next, but over all, this is a fairly stable period with some slight warming over the last couple of months. Here are the current numbers, per my Los Gatos real estate report (click on the link for full information).

The Los Gatos Mountains are a distinctly different market and as such are covered in a separate market update, updated less frequently than here, but with live Altos charts for that area.

Los Gatos / Monte Sereno housing values and pricing trends (aka “area 16” for our MLS, zip codes 95030 and 95032)

Do you love Los Gatos, live there now or want to live there? Please also visit the Live in Los Gatos Blog!

Learn about Los Gatos neighborhoods, see photos, videos, pricing information, age of homes and much more! Get frequent Los Gatos real estate market updates, find out about local events, business, see images of the parks, historic buildings, and get to know Los Gatos even better. “Live in Los Gatos” is an award winning blog, also written by local Los Gatos Realtor and resident Mary Pope-Handy – check it out today!

Live in Los Gatos Blog

Please continue reading for info on the Los Gatos condo market, and for real estate market information on Monte Sereno.
The Los Gatos condo and townhouse market is still hot. It’s been pretty healthy overall, and remains in a sellers market. Big shifts in data are common; low inventory and a wide range of values within these properties can make the market appear to swing wildly when the market is actually stable. An average turnover at 27 days and average sales at 103.5% of list price shows the market is warming up since last month, but with so few numbers to go by, this doesn’t indicate a shifting market. Take a look at the sales vs list price and you will see the percentage has remained close to 100% for many months, indicating that things are more stable than they might sometimes appear. Inventory is low and must catch up with demand for there to be real, dramatic change in the market.

 Monte Sereno

 Monte Sereno (houses only – small area so prices appear to jump around more due to few transactions each month) – take it with a pound of salt and use the town of Los Gatos as a better reference.

Cambrian Park area of San Jose Looking for more affordable area close to Los Gatos? Check out the Cambrian Park area of San Jose, especially the 95124 zip code (with Union Schools).Cambrian area of San Jose – condos and townhomes. I also update a market post on this blog monthly for this San Jose neighborhood, titled The Cambrian Park Real Estate Market Update which can be found through the link.

 

Next we’ll have a quick look at the town by zip code and will use Altos Research charts and graphs (using list prices, not sold ones) to get a pulse on the market. Disclaimers aside, here’s the broad overview by zip code – hope you find this helpful! I will be using “live charts” here so they will always be current! 95030 stats:

 

Continue via link for more information on Los Gatos real estate trends and statistics.95032 residential real estate statistics:

 

 

90-day stats for Single Family properties in
LOS GATOS, CA 95032 as of October 13, 2017
Median List Price:$2,685,435Average List Price:$3,217,835
Total Inventory:30Price per Square Foot:$821
Average Home Size:3,398Median Lot Size:14,339
Average # Beds:4.32Average # Baths:3.87
Homes Absorbed:6Newly Listed:6
Days on Market:80Average Age:37

 

And a look at Los Gatos “in town” as a whole:

 

90-day stats for Single Family properties in
LOS GATOS, CA as of October 13, 2017
Median List Price:$2,227,729Average List Price:$2,921,492
Total Inventory:96Price per Square Foot:$777
Average Home Size:2,894Median Lot Size:49,593
Average # Beds:4.06Average # Baths:3.49
Homes Absorbed:12Newly Listed:11
Days on Market:103Average Age:39

 

Monte Sereno shares many services with Los Gatos so I will share these stats also:

90-day stats for Single Family properties in
MONTE SERENO, CA 95030 as of October 13, 2017
Median List Price:$3,528,462Average List Price:$3,992,108
Total Inventory:7Price per Square Foot:$859
Average Home Size:4,398Median Lot Size:42,387
Average # Beds:4.49Average # Baths:4.63
Homes Absorbed:1Newly Listed:1
Days on Market:145Average Age:35

 

Los Gatos is a very complex real estate market because there are so many variables, including:

  • proximity to downtown (“walk to town” always a huge plus)
  • school district (“Los Gatos Schools” usually strongly preferred)
  • historic nature of homes & neighborhoods
  • slope and usability of the land
  • views
  • neighborhood amenities (cabana, nearby park, walkability)
  • access to popular venues and locations (parks, shopping, schools)
  • negative features such as busy roads, high voltage lines, being too close to freeways/trains, natural hazards such as earthquake faults etc.
  • type of sale (distressed or regular sale)

Often homes in Los Gatos will have some positive and some negative features, and the same goes for the location.

 

Homes for sale in Los Gatos & Monte Sereno 95030:

  1. 5 beds, 6 baths
    Home size: 7,313 sq ft
    Lot size: 1.00 ac
  2. 3 beds, 3 baths
    Home size: 1,800 sq ft
    Lot size: 5,972 sqft
  3. 4 beds, 4 baths
    Home size: 3,366 sq ft
    Lot size: 9,774 sqft
  4. 6 beds, 9 baths
    Home size: 7,000 sq ft
    Lot size: 43,560 sqft
  5. 2 beds, 3 baths
    Home size: 1,059 sq ft
    Lot size: 15,838 sqft

See all Real estate in the 95030 zip code.
(all data current as of 10/18/2017)

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

 

Homes for sale in Los Gatos & Monte Sereno 95032:

  1. 4 beds, 4 baths
    Home size: 2,828 sq ft
    Lot size: 8,054 sqft
  2. 3 beds, 2 baths
    Home size: 1,593 sq ft
    Lot size: 11,626 sqft
  3. 3 beds, 2 baths
    Home size: 2,023 sq ft
    Lot size: 7,753 sqft
  4. 3 beds, 3 baths
    Home size: 2,026 sq ft
    Lot size: 3,384 sqft
  5. 4 beds, 3 baths
    Home size: 2,400 sq ft
    Lot size: 6,503 sqft

See all Real estate in the 95032 zip code.
(all data current as of 10/18/2017)

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

More info on Los Gatos Homes for Sale, too.

 

Read more about Los Gatos real estate on my other sites and blogs, too, including popehandy.com:
Los Gatos real estate market trends

Translation

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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


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