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Mary Pope-Handy
Realtor
CRS, ABR, E-Pro, 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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Silicon Valley
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Posts Tagged ‘95032’

Los Gatos Real Estate Market Trends and Statistics – See Live Charts

Wednesday, December 14th, 2011

Los Gatos real estate can be viewed from many angles: zip code, school district, sale type, view or no view, acreage, luxury home or basic home type…. This post will serve as a brief overview only. For information on YOUR Los Gatos subdivision or neighborhood, please contact me!

Here’s a quick glance at the basic numbers for SOLD real estate in Los Gatos (houses and duet homes) for November 2011. Please click on the link for full report on my other site.

Trends At a Glance Nov 2011 Previous Month Year-over Year
Median Price $1,225,000 $1,160,000 (+5.6%) $1,150,000 (+6.5%)
Average Price $1,859,980 $1,458,140 (+27.6%) $1,299,320 (+43.2%)
No. of Sales 21 23 (-8.7%) 19 (+10.5%)
Pending Properties 46 55 (-16.4%) 48 (-4.2%)
Active 84 95 (-11.6%) 124 (-32.3%)
Sale vs. List Price 95.6% 96.5% (-0.9%) 94.5% (+1.2%)
Days on Market 51 49 (+4.2%) 75 (-31.9%)

And next, same information but for condos and townhouses in Los Gatos:

Trends At a Glance Nov 2011 Previous Month Year-over Year
Median Price $450,000 $617,500 (-27.1%) $559,000 (-19.5%)
Average Price $470,000 $659,150 (-28.7%) $527,988 (-11.0%)
No. of Sales 5 10 (-50.0%) 8 (-37.5%)
Pending Properties 13 12 (+8.3%) 10 (+30.0%)
Active 39 42 (-7.1%) 38 (+2.6%)
Sale vs. List Price 98.1% 98.1% (-0.1%) 99.0% (-0.9%)
Days on Market 67 116 (-41.9%) 38 (+78.0%)

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:

90-day stats for Single Family properties in
LOS GATOS, CA95030 as of October 7, 2011
Median List Price:$2,179,835Average List Price:$3,070,045
Total Inventory:66Price per Square Foot:$680
Average Home Size:3,330Median Lot Size:18,438
Average # Beds:4.07Average # Baths:3.54
Homes Absorbed:3Newly Listed:3
Days on Market:152Average Age:44

 

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

(more…)

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How is the Los Gatos Real Estate Market Faring?

Wednesday, February 16th, 2011

How’s the Los Gatos real estate market? Generally speaking, it is a seller’s market overall in the 95030 and 95032 zip code areas (in town).  That said, remember that it can vary a lot between price points and school districts, let alone neighborhood, sale type (regular vs distressed).  Real estate is always local!

Today we’ll look at the LG market both with a view to the sold data we have as well as the current listings activity.  We’ll view the “in town” areas and also the mountain areas. First addressed will be the market as seen by the “sold data” – houses, then condominiums & townhouse.  (Long post but loads of info!)

Los Gatos & Los Gatos Mountain Housing Market Trends

I. Sold listings data for Los Gatos houses

Houses in Los Gatos & Los Gatos Mountains – housing trends using sold data

(1)  In town

First, housing trends “in town”, utilizing my Real Estate Report, which comes out monthly (and includes all of Santa Clara County):

Below is the summary of market trends in Los Gatos for the most current month, January 2011 (using sold data):

Trends At a Glance Jan 2011 Previous Month Year-over Year
Median Price $1,072,500 $1,000,000 (+7.2%) $985,000 (+8.9%)
Average Price $1,173,770 $1,203,520 (-2.5%) $1,264,620 (-7.2%)
No. of Sales 30 31 (-3.2%) 13 (+130.8%)
Pending Properties 35 39 (-10.3%) 30 (+16.7%)
Active 107 87 (+23.0%) 101 (+5.9%)
Sale vs. List Price 96.7% 96.5% (+0.1%) 98.2% (-1.6%)
Days on Market 59 69 (-15.0%) 41 (+43.3%)

(2) Los Gatos Mountains

The Los Gatos Mountain communities (zip code 95033) usually have a slower market (harder to sell homes, even in “hot” years -compare 2007 for in town and in the mountains). December was improved, though, interestingly.
(more…)

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The Los Gatos Real Estate Market by Zip Code, School District and Price Point – August 2009

Monday, August 24th, 2009

The Los Gatos real estate market appears to remain a ” buyer’s market”, but it entirely depends on which part of the Los Gatos market you’re discussing.

This post will cover:

  • single family homes (99% houses, but a few duet homes)
  • 95030 and 95032 zip codes
  • Two high school districts:
    • Los Gatos Saratoga High School District (meaning Los Gatos High School)
    • Campbell Union High School District (meaning Westmont or Leigh High Schools)
  • varying price points in all of the above

General comments:
Most of 95030 is in the Los Gatos Saratoga High School District, but there is a very, very tiny portion of it which belongs to the Campbell Union High School District.  The percentage is so small as to be statistically insignificant, but I wanted to mention it here for the sake of accuracy and I will include it below.  The numbers below are from our MLS provider, MLSListings.com, with the numbers crunched by me, Mary Pope-Handy.  While I have made every effort to be 100% accurate, I do not guarantee it (don’t sure me if there’s a typo or other error!).

moi-explained-by-Mary-Pope-Handy

Overview of the basic numbers and months of inventory for the housing market in the town of Los Gatos overall  - homes for sale, pending sales, and closed sales within the last month:

Act 117
Pend 30
Closed in last month 16
MOI 7.31

It appears to be a buyer’s market, which is true for much of the town, but not all of it.  There is variation to a phenomenal degree depending on price point, zip code, and school district.  Below we’ll look at all of it and see market conditions for each segment.
(more…)

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Los Gatos Home For Sale – Just Steps to Prized Schools and Shops!

Thursday, June 12th, 2008



The Los Gatos real estate market
seems to be improving as more homes are selling now than in recent months. The “absorption rate” has been declining and is now well under the 6 months that differentiates a buyers vs a sellers market. Many are thinking that the worst is behind us.

And if that is the case, now really is the “best time to buy” in Los Gatos, San Jose, Saratoga, or anywhere in Silicon Valley.

Recently I listed a great, sunny home and it will be held open this weekend (Sat 2-4, Aug 9). If you are looking to buy a house in Los Gatos, with the schools and close to shops, stores, banks and restaurants, you will want to know about this home and see it ASAP!

120 Magneson Terrace (off Magneson Loop and Los Gatos Blvd), Los Gatos, CA 95032

Offered at $1,250,000 – New Roof as of late June!!

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Living Room, Dining Room, Study (or Music Room or Library)
  • Lovely Hardwood Floors Throughout (all but bathrooms)
  • Appx 1800 SF
  • Lot Size appx 8700 SF
  • Los Gatos Schools very close by
  • Home situated on a quiet cul-de-sac
  • Air Conditioning & Extra Insulation
  • Laundry Room
  • Attached 2 Car Garage
  • So close to the schools and shops that it’s “walk to”, “bike to”, “scooter to” and for driving, “less than 2 minutes to” – no matter how you get around, this home is close to schools and shops!

Virtual Tour of 120 Magneson Terrace, Los Gatos, CA 95032

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