Therefore these numbers will be off beginning from March 17th through around May 17th. So do I. Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? If you are a home buyer or real estate investor, Los Gatos definitely has a track record of being one of the best long term real estate investments in America through the last ten years. The Los Gatos real estate market shows a mild seller’s market with some ups and downs. If Los Gatos & Monte Sereno are too expensive…. More info on Los Gatos Homes for Sale, too. 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. We are using cookies to give you the best experience on our website. Prices shot up above $3 mil for most of the first quarter, but dropped in March, plunging below any median price in the visible part of 2019. Prices increased last month in the condo sector of Los Gatos and remain up from last year. In the last twelve months, Los Gatos's appreciation rate has been -2.75%, which is lower than appreciation rates in most communities … 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. That said, prices rose again through June but have mostly been plummeting since, although it’s starting to stair-step up at the moment. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Right now, Monte Sereno has no condos or townhomes within its boundaries, but may in the future. Los Gatos is a city in California and consists of 11 neighborhoods. Now for the current numbers, per my Los Gatos real estate report (click on the link for full information). Over the last year, Los Gatos appreciation rates have trailed the rest of the nation. There are 11 neighborhoods in Los Gatos. During the shutdown so far, the Multiple Listing Service (MLS) stopped the timer on all Days on Market (DOM). We’re just beginning to see the result of the pandemic on local real estate markets in these monthly analyses. The average sale price per square foot in Los Gatos is $821, down 4.9% since last year. Additionally, there are 44 rentals, with a range of $1.7K to $6.5K per month. Take it with a pound of salt and use the town of Los Gatos as a better reference. This October sales are consistent both month over month and year over year. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Zillow has 93 homes for sale in Los Gatos CA. You can find out more about which cookies we are using or switch them off in settings. The 15 in 95032 make for a better gauge, but still a small pool for study. It’s very likely that the market will remain busy as shelter-in-place restrictions ease and prolonged demand drives the market, but alternatively we might see an amplified seasonal cooling if the pandemic worsens in local markets this winter. Some of the best neighborhoods in or around Los Gatos, California are Rinconada, Kennedy North and Los Gats Almaden. This month, 95030 data shows only 7 active listing – a great improvement over the 1 listing in early September! Cambrian Park area of San Jose – Looking for more affordable area close to Monte Sereno and Los Gatos? Discover more Los Gatos listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. https://idx.diversesolutions.com/link/472472. Monte Sereno (houses only, at least for now) – this is a small area so prices appear to jump around more due to so few transactions each month. “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! Pricing in 95030 usually follows clear seasonal trends, with prices undulating higher in spring and summer and dropping to their lowest around mid-autumn. The trend for median days on market in Los Gatos, CA has gone down since last month, and slightly down since last year. This website uses cookies so that we can provide you with the best user experience possible. A normal trend for this time of the year usually involves an active market beginning to decline. type of sale (distressed or regular sale). negative features such as busy roads, high voltage lines, being too close to freeways/trains, natural hazards such as earthquake faults etc. There are 26 schools in Los Gatos, CA. From ALTOS – a view of LG 95030 (they are updated automatically a few times a month): As of November 3rd, 95030 is in a slight seller’s advantage and 95032 is in a strong seller’s market. In the data below, this will affect any numbers related to the days on market, the absorption rate, and the days of inventory from those months indicated. If you disable this cookie, we will not be able to save your preferences. In 95032, inventory fell but remains low and steady. I also update a market post on this blog monthly for this San Jose neighborhood, titled The Cambrian Park Real Estate Market Update which can be found through the link. Love real estate statistics and market trends? Take this with a grain of salt, however since both areas usually have fairly small pools of data. There are 204 homes for sale, ranging from $19.9K to $13.8M. Generally this area has a lower price range than in 95030, but it follows distinctly different trends. The median sale price was $1.8M. With small pools of data, the condo market can show much more dramatic swings than the housing market, and we’re seeing some of that from the October data, but it’s remaining a stable, mild seller’s market. Read more about Los Gatos real estate on my other sites and blogs, too, including popehandy.com: 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. Each month there are very few sales in Monte Sereno, and for that reason the data can be a bit wonky (view the Monte Sereno Real Estate Report for more). In 2019 there was an upward trend through winter up until around February when the price began to drop. There are 8 elementary schools, 3 middle schools, 4 high schools and 11 private & charter schools.

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