Blossom Manor neighborhood in Los Gatos

Blossom Manor neighborhood Los Gatos MapThe Blossom Manor neighborhood in east Los Gatos is very popular as it is well located close to the highly regarded Los Gatos schools, great shopping and parks, such as Oak Meadow and Vasona Lake County Park. Further, Blossom Manor enjoys comfortably sized lots with room to grow if a home has not already been expanded from its original footprint.

Most of “the Manor” (originally Blossom Hill Manor, though seldom called that now) is currently unincorporated, meaning it’s not properly part of the Town of Los Gatos, but instead is a county pocket. As time goes by, the incorporated areas are likely to grow and the county areas shrink – a trend we are seeing throughout the Los Gatos area and Santa Clara County as a whole.

A couple of streets, Cherrystone Drive and part of Lilac Way, are incorporated and share features typically found in incorporated areas: sidewalks, curbs and gutters.

Part of the neighborhood can join as members of a pool club on Cherrystone Drive (the Stonehedge Swim Club).

The manor is almost exclusively single family homes (houses) but along Blossom Hill Road and also Camelia Terrace, there are a few duplexes.

What are houses like in Blossom Manor?

The vast majority of houses in the Manor began as small to medium sized ranch style homes.  Over time, though, many of them have either been improved and expanded or fully torn down and rebuilt.  The newer homes often are 2 stories, but not always.

Here’s a little slideshow to introduce you to the neighborhood. Want more info?  Please call or email me today!

 

 

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Blossom Manor neighborhood of Los Gatos – real estate market trends and statistics

An extremely popular and consistently desired Los Gatos neighborhood is Blossom Manor, sometimes called The Manor or even Blossom Hill Manor, which is highly regarded for pleasant, curving streets, close proximity to shops and stores, and the prized Los Gatos Schools.  Today I spent quite a bit of time on my multiple listing service website, MLSListings.com, to pull the numbers on this lovely area and see what the trends and appreciation look like.  I was wondering how the numbers looked at the peak and the trough of the price rollback, whether or not the area has recovered or is close to peak pricing.  For the most part, I looked at all of the houses included in the map area, but also took a secondary study of homes just between 2000 and 3000 sf, since some home buyers seek larger square footage.

Please click on the chart below for the historical statistics, by year, for the Blossom Manor neighborhood – it will open into a new window and become a little more than 50% larger.   It reflects all homes sold, by year, in the Manor from 1998-2012 (averages, medians, as well as some minimum and maximum price info for each year combined).  For this area, the peak of the market, meaning highest sales prices, was in 2007 but both 2006 and 2008 were very close generally, so it was a fairly broad peak.  However, the same is not true for the bottom of the market for this same group.  Instead, there was one very clear low year – 2009.  After that, we see a recovery underway.

 

All Blossom Manor Los Gatos Homes 1998 - 2012

All Blossom Manor Homes sold by year from 1998 – 2012 (please click to enlarge)

 

Something interesting to note is the increasing size of the houses. The first four years (1998-2001), the average square footage of homes sold was 1778.  The most recent 4 years, it’s 2105, a 327 square foot difference, or 18% more than about 11-15 years ago.  We see a lot of remodeling and additions, so this is in keeping with what locals would expect – and it’s a trend that is likely to continue.  Why does this matter? Upside potential for expansion.

What about homes that are already larger, only those between 2000 and 3000 SF?  (There are only a few bigger than 3000 SF in this neighborhood.) (more…)