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). Most of the price gains happened last spring rather than in the last month or two.  Here are the current numbers, per my Los Gatos real estate report (click on the link for full information).

Los Gatos / Monte Sereno area (aka “area 16″ for our MLS)

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, though April’s cooling was an anomaly.  Take a peek at the sales vs list price and you will see the percentage has remained up above 100%, as are the pending properties, while the active listings are still low. So even though the sales price has gone down houses are still selling for more than they are listed, and though the average days on markets has gone back up, sales in under a month show that it is still a hot market. 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 a stable sellers market.
Los Gatos Mountains(houses only, no condos or townhouses there). Houses in 95033 usually take a lot longer to sell than homes “in town”, and there are fewer homes available, but there are occasional stories of multiple offers and fast sales even there.

 

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 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:

 

 

90-day stats for Single Family properties in
LOS GATOS, CA 95032 as of July 24, 2015
Median List Price:$1,900,468Average List Price:$2,799,962
Total Inventory:49Price per Square Foot:$744
Average Home Size:2,639Median Lot Size:11,945
Average # Beds:4.15Average # Baths:3.39
Homes Absorbed:7Newly Listed:8
Days on Market:62Average 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 July 24, 2015
Median List Price:$1,895,510Average List Price:$2,697,771
Total Inventory:135Price per Square Foot:$702
Average Home Size:2,744Median Lot Size:42,231
Average # Beds:3.95Average # Baths:3.28
Homes Absorbed:14Newly Listed:15
Days on Market:80Average Age:39

 

95033 (Los Gatos Mountains) real estate info:

 

90-day stats for Single Family properties in
LOS GATOS, CA 95033 as of July 24, 2015
Median List Price:$1,293,423Average List Price:$1,690,223
Total Inventory:51Price per Square Foot:$497
Average Home Size:2,571Median Lot Size:109,862
Average # Beds:3.43Average # Baths:2.95
Homes Absorbed:4Newly Listed:4
Days on Market:91Average Age:41

 

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 July 24, 2015
Median List Price:$3,098,726Average List Price:$3,521,771
Total Inventory:13Price per Square Foot:$854
Average Home Size:3,692Median Lot Size:35,352
Average # Beds:4.56Average # Baths:3.94
Homes Absorbed:1Newly Listed:1
Days on Market:111Average Age:42

 

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. 2 beds, 2 full baths
    Home size: 1,206 sq ft
    Lot size: 6,011 sqft
  2. 6 beds, 5 full, 2 part baths
    Home size: 5,989 sq ft
    Lot size: 2.26 ac
  3. 4 beds, 3 full, 1 part baths
    Home size: 3,100 sq ft
    Lot size: 9,060 sqft
  4. 7 beds, 7 full, 1 part baths
    Home size: 9,730 sq ft
    Lot size: 2.25 ac
  5. 4 beds, 3 full baths
    Home size: 3,687 sq ft
    Lot size: 11,125 sqft

See all Real estate in the 95030 zip code.
(all data current as of 7/31/2015)

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

 

Homes for sale in Los Gatos & Monte Sereno 95032:

  1. 3 beds, 3 full baths
    Home size: 1,880 sq ft
    Lot size: 7,056 sqft
  2. 5 beds, 3 full baths
    Home size: 2,479 sq ft
    Lot size: 10,715 sqft
  3. 5 beds, 3 full baths
    Home size: 3,557 sq ft
    Lot size: 8,929 sqft
  4. 3 beds, 2 full baths
    Home size: 1,637 sq ft
    Lot size: 5,488 sqft
  5. 3 beds, 2 full baths
    Home size: 2,939 sq ft
    Lot size: 25,264 sqft

See all Real estate in the 95032 zip code.
(all data current as of 7/31/2015)

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

 

Homes for sale in the Los Gatos Mountains:

  1. 4 beds, 3 full baths
    Home size: 3,329 sq ft
    Lot size: 6.00 ac
  2. 5 beds, 5 full baths
    Home size: 4,000 sq ft
    Lot size: 11.62 ac
  3. 3 beds, 2 full baths
    Home size: 1,575 sq ft
    Lot size: 29,838 sqft
  4. 4 beds, 2 full, 1 part baths
    Home size: 1,904 sq ft
    Lot size: 27,878 sqft
  5. 4 beds, 5 full baths
    Home size: 4,316 sq ft
    Lot size: 2.43 ac

See all Real estate in the 95033 zip code.
(all data current as of 7/31/2015)

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

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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