Los Gatos

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, which shows 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)

Los Gatos/Monte Sereno Real Estate Stats At A Glance

Year-Over-Year

  • Median home prices increased by 8.7% year-over-year to $2,125,000 from $1,955,000.
  • The average home sales price dropped by 5.5% year-over-year to $2,225,900 from $2,356,230.
  • Home sales rose by 19.2% year-over-year to 31 from 26.
  • Active listings fell 0.0% year-over-year to 74 from 74.
  • Sales price vs. list price ratio fell by 2.5% year-over-year to 102.9% from 105.5%.
  • The average days on market fell by 25.9% year-over-year to 30 from 40.

Compared To Last Month

  • Median home prices slipped by 4.5% to $2,125,000 from $2,224,000.
  • The average home sales price rose by 3.9% to $2,225,900 from $2,142,080.
  • Home sales up by 138.5% to 31 from 13.
  • Active listings increased 10.4% to 74 from 67.
  • Sales price vs. list price ratio increased by 3.9% to 102.9% from 99.1%.
  • The average days on market increased by 44.2% to 30 from 21.

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. Continue reading

Looking forward to those fabulous free summer concerts? So am I! This year we’ve combined the schedules of four different festivals, Los Gatos Music in the Park, Vasona Vibrations, Jazz on the Plazz, and Fiesta de Artes, plus some Fourth of July activities in a post on my Live in Los Gatos blog. Remember to check the festival web sites for rules, schedule changes, and directions.

Follow this link to get to the schedule on the Live in Los Gatos Blog!

 

  1. 3 beds, 2 full, 1 half baths
    Home size: 2,437 sq ft
    Lot size: 8,015 sqft
  2. 2 beds, 1 full bath
    Home size: 1,160 sq ft
    Lot size: 8,232 sqft
  3. 4 beds, 2 full, 1 half baths
    Home size: 2,996 sq ft
    Lot size: 10,802 sqft
  4. 3 beds, 2 full baths
    Home size: 1,305 sq ft
    Lot size: 7,710 sqft
  5. 4 beds, 2 full baths
    Home size: 1,642 sq ft
    Lot size: 7,797 sqft
  6. 4 beds, 2 full, 1 half baths
    Home size: 2,450 sq ft
    Lot size: 6,751 sqft
  7. 3 beds, 2 full baths
    Home size: 1,940 sq ft
    Lot size: 8,712 sqft
  8. 5 beds, 4 full, 2 half baths
    Home size: 7,107 sq ft
    Lot size: 1.81 ac
  9. 4 beds, 3 full, 1 half baths
    Home size: 3,976 sq ft
    Lot size: 10,149 sqft
  10. 3 beds, 2 full baths
    Home size: 2,176 sq ft
    Lot size: 10,105 sqft

See all Real estate in the Los Gatos/Monte Sereno community.
(all data current as of 4/29/2017)

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

The Monte Sereno real estate market is similar to Los Gatos, but distinct - Monte Sereno shares many features with Los Gatos but is a distinct cityHow is the Monte Sereno real estate market? Because the city is small, with just about 4000 residents, there usually are few homes listed for sale or selling, and with small numbers we can get seeming volatility. Last month, for instance, there were only three homes sold and one pending!

There are no condominiums or townhomes in Monte Sereno at present. One of the major challenges for this city is to ensure that at least some housing units are deemed “affordable.” You can find the city’s housing plan here (a pdf online):
http://www.montesereno.org/DocumentCenter/Home/View/674

Recently closed home sales in Monte Sereno

Here are the quick statistics for the closed sales in the last complete month to give a sense of how things are going with the Monte Sereno real estate market. Sales data comes from my Monte Sereno Real Estate Report. Given that the supply of homes to study is tiny, what can we tell from this data?

It’s true that an average Monte Sereno house is about $2.5 million, and often higher in the current market – a little steep for most folks! With only 4 sold and 3 pending in March, the data won’t always be the most accurate. During times like this, it’s more important to look at the trends over multiple months than to base your understanding of the market off one month, and to compare with similar, nearby markets like Los Gatos.

And a look at the data from last month for the Monte Sereno real estate market:

Continue reading to view live Altos Research charts for the real estate market in Monte Sereno, including by pricing quartile. Continue reading

Sketch of houseIt can be really challenging for people moving to Silicon Valley to get a sense of real estate prices, and perhaps more, to compare housing costs from one town or district to another.

One question I get a lot is this: what does it cost to buy a 4 bedroom, 2 bath house of about 2000 square feet?

So to answer this question, let’s see what houses like this are selling for (4 bed, 2 bath, appx 2000 SF or 185 square meters) and see how the cost looks in one Santa Clara Count y / Silicon Valley area versus another.

Today I compared several areas and cities using this criteria: single family homes of 1800 – 2200 SF, 3-5 bedrooms, 2-3 bathrooms, on lot sizes of 6000 SF to 10,000 SF. Normally I would chart this over the last 2 months, or 60 days, but because of the low inventory causing the sellers market I have expanded the search to the last 4 months, or 120 days, for a better range. As of this writing, Los Altos only had one sale over the last 120 days, so data for that segment spans from 0 to 180 days back, or 6 months, and in that half a year we have merely 3 sold.

Here’s how it shakes out in the “west valley areas” along the Highway 85 corridor, most of which are known to have good to great public schools. What areas are most affordable? One way of analyzing this is the “price per square foot” figure. Whenever I update the chart, I re-arrange the order of the cities from high to low based on the price per square foot, although there’s usually minimal movement.

Below are my results from the same search back in September 18, 2015. By comparisson, you can tell that Santa Clara’s average Price has increased, pushing it above Almaden and Campbell.

How competitive is the market? Have a look at the DOM or “Days on Market” figure. All of these days on market are short, but they range from low to heart-skippingly fast.

In most cases, the priciest and most desirable places have either the best schools or shortest commute location or both (Palo Alto and Cupertino have both). Had I ranked these for school scores, you’d find that Cambrian is fairly high up and a good “bang for the buck” location – though not a super short commute for folks who work in Mountain View (though not so bad for people working in Cupertino).  Almaden, too, offers a good value for the quality of the schools, homes, and neighborhoods, though the commute is longer. None of these is especially close to North San Jose (where a major employer is Cisco).

It should also be noted that in some of the smaller communities with less on the market these numbers may not be as stable as others with more data – for instance, Saratoga only had four homes sold matching this criteria within the 120 days of collected data, and therefore may not be as accurate as others, such as the Blossom Valley area of San Jose with the most data at 35 homes sold. For these smaller communities with less data, it is beneficial to look at them more closely – Saratoga, for instance, has 3 different high school districts which have an impact the real estate prices.  This chart is really just a snapshot to give a general sense of the relative affordability of these markets to one another. Continue reading

The Santa Clara County real estate statistics for Single Family Homes

 Read the full report for houses and duet homes in Santa Clara County here 

(NEW! You can also access the stats for San Mateo and Santa Cruz Counties from here!)

Prices are up month over month and year over year after some slight cooling earlier this month. Inventory is up from a year ago but not enough to catch up with the deficit.

 

Santa Clara County Stats At A Glance for sales closed in November 2016

Year-Over-Year

  • Median home prices increased by 5.2% year-over-year to $1,010,000 from $960,500.
  • The average home sales price rose by 7.1% year-over-year to $1,297,260 from $1,211,630.
  • Home sales rose by 21.1% year-over-year to 850 from 702.
  • Active listings fell 22.1% year-over-year to 1,531 from 1,965.
  • Sales price vs. list price ratio fell by 0.9% year-over-year to 101.6% from 102.5%.
  • The average days on market rose by 9.2% year-over-year to 31 from 28.

Compared To Last Month

  • Median home prices slipped by 3.8% to $1,010,000 from $1,050,000.
  • The average home sales price rose by 1.0% to $1,297,260 from $1,283,920.
  • Home sales down by 6.2% to 850 from 906.
  • Active listings dropped 23.1% to 1,531 from 1,991.
  • Sales price vs. list price ratio dropped by 0.2% to 101.6% from 101.8%.
  • The average days on market dropped by 1.4% to 31 from 31.

 

Continue reading

Thanksgiving is just a few days away, and there are interfaith services going on next week which welcome all.

In Los Gatos, the ecumenical service is tonight at 7:30pm at Los Gatos United Methodist Church, located at 111 Church Street. For more information, please see a post on my Los Gatos blog, Live in Los Gatos:
http://liveinlosgatosblog.com/thanksgiving-interfaith-service-in-los-gatos-this-tuesday/

In Saratoga, the interfaith service is Thursday morning from 10-12 at Congregation Beth David.  Read all the details here:
http://www.sivicouncil.org/blog/event/51st-annual-saratoga-interfaith-thanksgiving-service/

Wishing everyone a very Happy Thanksgiving! Hope to see you at one of these events!

 

  1. 4 beds, 2 full, 1 half baths
    Home size: 2,712 sq ft
    Lot size: 13,242 sqft
  2. 3 beds, 3 full, 2 half baths
    Home size: 4,336 sq ft
    Lot size: 26,005 sqft
  3. 3 beds, 3 full baths
    Home size: 1,789 sq ft
    Lot size: 18,687 sqft
  4. 6 beds, 5 full, 1 half baths
    Home size: 4,880 sq ft
    Lot size: 39,508 sqft
  5. 5 beds, 3 full, 1 half baths
    Home size: 2,678 sq ft
    Lot size: 13,808 sqft

See all Real estate in the city of Saratoga.
(all data current as of 4/29/2017)

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

How's The Luxury Home Market?Luxury home sales are a little sluggish in the west valley areas of Santa Clara County. Right now in Almaden Valley, Los Gatos, Monte Sereno and Saratoga, there are 97 houses for sale listed at or more than two million dollars (just checked MLSListings.com), but in the last 30 days only 27 have sold and closed escrow in those same areas and price ranges. For the Almaden – Saratoga region generally, then, there are 3.6 months of inventory in the over two million dollar price range (97 / 27).  That makes it barely a seller’s market, though things have livened up since June. (In the same region, there are 25 pending sales.)

Next we’ll look at these four Silicon Valley communities separately to see how the luxury market in each one is faring overall.

Almaden Valley (San Jose, 95120)

Currently in Almaden there are 8 houses for sale which are listed at or over $2,000,000.  In the last 30 days, just 1 sold (with 1 property pending sale).  That makes for a whooping eight “months of inventory.” That would mean this luxury market is not in a seller’s market. It’s a deep buyer’s market in Almaden Valley among the most expensive real estate offerings for sale. Five to six months is balanced and over six is a buyer’s market. Continue reading

St Mary's Country Fair, Los GatosThe St. Mary’s Country Fair is about to begin and will continue through Sunday afternoon – don’t miss it! There’s no admission charge and plenty to do, such as:

carnival rides
arts & crafts for kids to do
games
giant slide
talent shows
raffles
food of all kinds
beverages (including wine, beer & margaritas in the evenings)
live music & dancing Friday through Sunday (Friday is the Hella Good Party Band and Saturday it’s the Bobby Love and Sugar Sweet Band in the morning and Bentpeter in the evening, and Sunday noontime is the Ruth Gerson Band and Special Guest: Gerson Family Band)

Sundays usually feature a petting zoo and pony rides too!

This is the one big fundraiser put on by the school and church each year. All are welcome! The event is held on the campus of St. Mary’s parish church and school, located on Bean Avenue off N. Santa Cruz in downtown Los Gatos.

Need more information? Please see a post I did on it over at my Live in Los Gatos blog, Mark Your Calendar: St. Mary’s Country Fair Oct 7th – 9th, 2016, 5pm-10pm

If you happen to be at the fair tomorrow morning, stop by the burrito booth and say hello! I’ll be working there from 10am – 1pm.

  1. 4 beds, 3 full baths
    Home size: 3,918 sq ft
    Lot size: 2.41 ac
  2. 3 beds, 2 full baths
    Home size: 1,940 sq ft
    Lot size: 8,712 sqft
  3. 5 beds, 4 full, 2 half baths
    Home size: 7,107 sq ft
    Lot size: 1.81 ac
  4. 3 beds, 2 full baths
    Home size: 2,176 sq ft
    Lot size: 10,105 sqft
  5. 5 beds, 4 full, 1 half baths
    Home size: 5,010 sq ft
    Lot size: 6.00 ac
  6. 0 beds, 0 baths
    Home size: 9,744 sq ft
    Lot size: 16,160 sqft
  7. 5 beds, 3 full, 1 half baths
    Home size: 2,937 sq ft
    Lot size: 7,797 sqft
  8. $2,298,000 : 231 Tait, LOS GATOS
    3 beds, 2 full baths
    Home size: 1,918 sq ft
    Lot size: 8,102 sqft
  9. 4 beds, 3 full, 1 half baths
    Home size: 2,902 sq ft
    Lot size: 7,187 sqft
  10. 0 beds, 3 half baths
    Home size: 1,832 sq ft
    Lot size: 7,623 sqft

See all Real estate in the 95030 zip code.
(all data current as of 4/29/2017)

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

Updates at bottom. For original article (May 21, 2010) begin to read below:

Mount Umunhum sits high on the Santa Cruz Mountain range, and from there enjoys spectacular views. Looking inland, you can see San Jose & most of Santa Clara County, on a clear day even as far north as San Francisco from Mt. Umunhum. Turning toward the Pacific Ocean, from Mt. Umunhum’s heights you can see Santa Cruz and Monterey on a fogless day.

Continue reading

I am a full-time, second generation, award-winning & enthusiastic Los Gatos real estate agent, serving this town and the county too – a Silicon Valley Realtor. Real estate was my second career after I’d worked happily in the area of religious education (in Catholic high schools) & ministry for several years. Economics necessitated an employment change, and real estate was a natural fit as it really is a “helping profession” and I’d grown up with it. I like to joke that my first words were “raised foundation”.

An area native, I was raised in Santa Clara and Saratoga, graduating from Saratoga High in 1977. As an adult I lived in several parts of the valley, including 10 years in Cambrian Park, and since 1999, in Los Gatos. Over the years I’ve also spent extensive time in Campbell, Almaden, and many parts of the West Valley.

I hold a Bachelor of Arts from Gonzaga University in Spokane (a Catholic university run by Jesuits – in Religious Studies, 1981) and thanks to my parents’ generosity, was able to enjoy a fabulous Junior year abroad at Gonzaga-in-Florence, Italy (1979-1980), which cemented my love of travel and all things Italian. (With some refreshing, I can still manage a simple conversation in Italian – which is fun!) After some teaching, I earned a Master of Arts (in Systematic Theology, 1986) from The Graduate Theological Union/Jesuit School of Theology at Berkeley.

Afterwards I returned to teaching religion in Catholic high schools, a very rewarding career, for a few years, until our children came onto the scene. I did a lot of related volunteer work too, with my favorite being as a volunteer chaplain at Good Samaritan Hospital in the early 90’s. Additionally, I worked in the Rainbows Program at our parish, St. Mary of the Immaculate Conception in Los Gatos. Rainbows is a peer-to-peer ministry/support group for kids suffering from any major loss, such as the death of a parent or divorce.

My husband, Jim Handy, analyzes the semiconductor market. He grew up in many places due to his father’s line of work and speaks French and he too loves to travel; eons ago we honeymooned in Tahiti on Bora Bora where he got to practice his language skills (between their Polynesian French and his Belgian-Swiss-American accent it got interesting at times). We have been very happily married since 1985. Jim was a Parks Commission volunteer in the Town of Los Gatos for years, and even now, long after he’s left, he has his ear to the ground on that topic – I get a lot of interesting information about the town’s doings from him!

 

Our two children, Brian & Clair, are now twentysomethings. Real estate is inescapable for them, as it had been for me, and when Clair was in second grade she said, “uh oh Mommy, we have termites!” and had correctly spotted the telltale drywood termite pellets on our hardwood floor; I suspect she was the only second grader with the ability to correctly identify termite activity. So, real estate is a little contagious!

 

Like their parents, they love to travel and together we’ve been in much of the US, plus parts of Mexico, England, France, Switzerland, Italy, and Japan. Brian is now a grad student at USC in Los Angeles, having graduated from four happy years Loyola Marymount University in LA and prior to that, at Bellarmine College Preparatory in San Jose. Clair is currently assisting me in real estate, also graduated from LMU in LA and enjoyed four happy years at Notre Dame High School in downtown San Jose.

 

I hail from a large and loving extended family and it’s a very tight-knit group. In my free time, I enjoy keeping in touch with them and with many old friends (who feel like family) – and actually many friends and relatives become my clients, just as my clients often become my friends. In recent years, that’s meant a lot of time with older family members- something possible with a real estate career.

 

I try to put a priority on family visits and reunions. (And I have spent a lot of time at relatives’ retirement homes so earned my designation as a Seniors Real Estate Specialist). My siblings & many other relatives come here to visit often and I’m happy that usually they stay at my house. As one cousin said, “sometimes it’s as if you have a revolving door at the front of your house: just the way you like it!”
Mary Pope-Handy
408 204-7673
mary (at) popehandy.com
Realtor, ABR, CIPS, CRS, SRES
Sereno Group, Los Gatos
Serving Santa Clara County: Los Gatos, Monte Sereno, Saratoga, Campbell, and San Jose (Almaden Valley, Cambrian Park, Willow Glen) and nearby
California Department of Real Estate license # 01153805

 

Hobbies

Hobbies include enjoying walks in the neighborhood, Belgatos Park, and throughout the San Francisco Bay area – usually with camera in hand and blogging ideas being created! I love to write, hence the huge number of blogs, and wonder if someday I might write a novel. Photography, live music, and travel are all top hobbies too. I often enjoy the Almaden Music in the Park or any of the Los Gatos musical events. In 2016, I was over the moon to hear Andrea Bocelli perform at the SAP center in San Jose.

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Translation

by Transposh - translation plugin for wordpress
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:
Santa Clara County,
San Mateo County, and
Santa Cruz County.
:
Special focus on:
San Jose, Los Gatos,
Saratoga, Campbell,
Almaden Valley,
Cambrian Park.
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Use the widget below to browse properties which are for sale, under contract (pending) or sold. Want to view only homes which are available now? Use the "find a home" link on the menu above (next to the "home" button).
Mary’s other sites & blogs
Valley Of Hearts Delight
Santa Clara County Real Estate,
with an interest in history

Move2SiliconValley.com
Silicon Valley relocation info

popehandy.com
Silicon Valley real estate,
focus on home selling

Silicon Valley Real Estate Report
Silicon Valley real estate
market trends & statistics
Mary’s Blog Awards
Top 25 real estate blogs 2016
2016: Personal Income's list of top 25 real estate blogs.


Best Realtor blog award
2016: Coastal Group OC's list of best Realtor blogs


The 2009 Sellsius list of top 12 women real estate bloggers
2009: Sellsius list of top
12 women real estate bloggers


Mary Pope-Handy's Live in Los Gatos blog won the 2007 Project Blogger contest, sponsored by Inman News and Active Rain

2007: Mary Pope-Handy and Frances Flynn Thorsen win the Project Blogger Contest for Mary's Live in Los Gatos blog. The contest was sponsored by
Active Rain and Inman News.


Non blog award


Best real estate agent in Silicon Valley from the San Jose Mercury News poll of readers in 2011
"Best real estate agent
in Silicon Valley"

2011 readers' poll,
San Jose Mercury News

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