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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


Selling homes in
Silicon Valley
:
San Jose, Los Gatos,
Saratoga, Campbell,
Almaden Valley,
Cambrian Park and
Santa Clara County

Real Estate Search

Los Gatos Real Estate Market Trends and Statistics

The Los Gatos real estate market is varied from one price point or school district to the next, but over all, this is a stable period with some appreciation and in many cases, a warm seller’s market (as the sale price to list price ratio indicates).   Here are the current numbers, per my Los Gatos real estate report (click on the link for full information).  The sale price to list price ratio actually rose, and that implies that no value is slipping.

 

TRENDS AT A GLANCE JUN 2014 PREVIOUS MONTH YEAR-OVER YEAR
Median Home Price +3.0% $1,580,500 $1,535,000 +10.7% $1,427,500
Average Sales Price -6.2% $1,731,320 $1,846,640 +8.0% $1,602,470
No. of Homes Sold +28.6% 54 42 +3.8% 52
Pending Properties -50.8% 29 59 -31.0% 42
Foreclosures Sold -100.0% 0 1 -100.0% 1
Short Sales Sold N/A 0 0 N/A 0
Active Listings 0.0% 58 58 -37.0% 92
Active Foreclosures 0.0% 2 2 N/A 0
Active Short Sales N/A 0 0 -100.0% 2
Sales Price vs. List Price -2.2% 101.3% 103.6% -0.2% 101.6%
Average Days on Market -3.6% 28 29 -20.9% 35
Please continue reading for info on the LG condo market, and for real estate market information for Monte Sereno and the Los Gatos Mountains too.The Los Gatos condo and townhouse market is pretty healthy overall, with prices up over last year, but month over month looks a bit soft.  Don’t let the number fool you, though! Low inventory is the culprit.  Because there’s a wide range of values with these properties, a few lower end ones or a few luxury ones could make the market appear to be swinging when in fact it’s stable.
TRENDS AT A GLANCE JUN 2014 PREVIOUS MONTH YEAR-OVER YEAR
Median Home Price +2.0% $821,000 $805,000 +45.3% $565,000
Average Sales Price -12.4% $685,000 $782,286 +21.2% $565,000
No. of Homes Sold -28.6% 5 7 +400.0% 1
Pending Properties +40.0% 7 5 +16.7% 6
Foreclosures Sold N/A 0 0 N/A 0
Short Sales Sold N/A 0 0 N/A 0
Active Listings +150.0% 5 2 +66.7% 3
Active Foreclosures N/A 0 0 N/A 0
Active Short Sales N/A 0 0 N/A 0
Sales Price vs. List Price -3.8% 102.9% 107.1% +9.1% 94.3%
Average Days on Market -16.9% 11 14 -85.2% 77
Los Gatos Mountains (houses only, no condos or townhouses there). Houses in 95033 usually take a lot longer to sell than homes “in town”, but there are occasional stories of multiple offers and fast sales even there. May was a super hot market for this area with really fast days on market and a high sale price to list price ratio. 
TRENDS AT A GLANCE JUN 2014 PREVIOUS MONTH YEAR-OVER YEAR
Median Home Price +13.1% $990,000 $875,000 +46.7% $675,000
Average Sales Price +14.8% $1,034,000 $900,614 +28.7% $803,250
No. of Homes Sold -18.2% 9 11 -25.0% 12
Pending Properties -50.0% 5 10 -61.5% 13
Foreclosures Sold N/A 1 0 N/A 0
Short Sales Sold N/A 0 0 -100.0% 1
Active Listings +22.2% 44 36 +41.9% 31
Active Foreclosures -50.0% 1 2 0.0% 1
Active Short Sales N/A 0 0 -100.0% 3
Sales Price vs. List Price -5.9% 97.0% 103.1% +0.5% 96.5%
Average Days on Market -22.2% 29 37 -47.4% 55

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. 

TRENDS AT A GLANCE JUN 2014 PREVIOUS MONTH YEAR-OVER YEAR
Median Home Price -40.2% $1,703,500 $2,850,000 -30.6% $2,455,000
Average Sales Price -28.1% $2,062,960 $2,870,430 -15.7% $2,446,250
No. of Homes Sold -14.3% 6 7 +50.0% 4
Pending Properties -28.6% 5 7 -50.0% 10
Foreclosures Sold N/A 0 0 N/A 0
Short Sales Sold N/A 0 0 N/A 0
Active Listings -15.4% 11 13 -45.0% 20
Active Foreclosures N/A 0 0 N/A 0
Active Short Sales N/A 0 0 -100.0% 1
Sales Price vs. List Price +0.7% 101.5% 100.8% +9.8% 92.5%
Average Days on Market -42.3% 28 49 -2.6% 29

 

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 townhomesNext 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:

And a look at Los Gatos “in town” as a whole:  95033 (Los Gatos Mountains) real estate info:

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

 

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:

See all Real estate in the 95030 zip code.
(all data current as of 8/29/2014)

  1. 5 beds, 3 full, 2 part baths
    Home size: 3,683 sq ft
    Lot size: 28,314 sqft
  2. 4 beds, 3 full, 2 part baths
    Home size: 4,920 sq ft
    Lot size: 29,307 sqft
  3. 2 beds, 2 full baths
    Home size: 1,368 sq ft
    Lot size: 1,368 sqft
  4. 5 beds, 4 full, 1 part baths
    Home size: 7,307 sq ft
    Lot size: 1.32 ac
  5. 4 beds, 3 full, 1 part baths
    Home size: 5,029 sq ft
    Lot size: 43,560 sqft

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

 

Homes for sale in Los Gatos & Monte Sereno 95032:

See all Real estate in the 95032 zip code.
(all data current as of 8/29/2014)

  1. 4 beds, 3 full baths
    Home size: 2,040 sq ft
    Lot size: 3,920 sqft
  2. 3 beds, 2 full, 1 part baths
    Home size: 2,175 sq ft
    Lot size: 2,700 sqft
  3. 3 beds, 3 full baths
    Home size: 2,203 sq ft
    Lot size: 2,700 sqft
  4. 3 beds, 1 full bath
    Home size: 1,370 sq ft
    Lot size: 8,300 sqft
  5. 5 beds, 2 full, 1 part baths
    Home size: 2,236 sq ft
    Lot size: 8,710 sqft

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

 

Homes for sale in the Los Gatos Mountains:

See all Real estate in the 95033 zip code.
(all data current as of 8/29/2014)

  1. 4 beds, 3 full, 1 part baths
    Home size: 4,490 sq ft
    Lot size: 2.43 ac
  2. 4 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 12,420 sqft
  3. 3 beds, 3 full baths
    Home size: 2,416 sq ft
    Lot size: 20,000 sqft
  4. 4 beds, 3 full baths
    Home size: 2,507 sq ft
    Lot size: 4,500 sqft
  5. 3 beds, 2 full, 1 part baths
    Home size: 2,006 sq ft
    Lot size: 2.56 ac

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

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Listing information is deemed reliable, but not guaranteed. Listings last updated 8/29/14 6:14 AM PDT.

Copyright 2014 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2014.