Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Los Gatos, California

Down town Los Gatos

Los Gatos Area Profile

Demographics: (2015)

  • Population: 30,398
  • Median Age: 45.4
  • households: 1,297
  • Median household Income: $126,122
  • Mean Property Value: $1.21M

Business

  • Employees: 14,623
  • Top 3 professions: Management; Business and Finance Operations; Computers and Mathematical
  • Top 3 industries by # of employees: Professional, Scientific, and Tech; Manufacturing; Healthcare and Social Assistance
  • Average Commute: 23.9 Minutes

City Government

The town of Los Gatos is governed by a city council comprised of 5 members elected to 4-year terms. The Council selects the Mayor from within its ranks. The government itself is managed by a City Manager.

Historic Los Gatos

Things to Do in and around Los Gatos

GOLF:

Boating:

Other:

Hiking:

Parks and Rec:

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Cycling

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Mountain Biking

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Theater, Concerts, and Museums in and around Los Gatos

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping in the Los Gatos area

Places to Eat:

There are a number of restaurants in old town and also neighboring Saratoga that range from casual dining to formal, with cuisine from around the world. Here are a few:

Places to Shop:

  • Old Town Center – 50 University Ave, Los Gatos
  • Cornerstone of Los Gatos – 16000 Los Gatos Blvd, Los Gatos
  • Los Gatos Shopping Center  – 15700 Los Gatos Blvd, Los Gatos
  • Kings Court – 720 Blossom Hill Rd, Los Gatos,
  • Westgate Center – 1600 Saratoga Ave, San Jose
  • Quito Village – 18764 Cox Ave, Saratoga
  • El Paseo de Saratoga – 1000 El Paseo de Saratoga, San Jose
  • Old Town Saratoga

Los Gatos Education Opportunities

K-12 Schools Serving Los Gatos

Public schools include links to ratings on Greatschools.org; private schools include links to their website.

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Higher Education

  • Stanford University
  • San Jose State University
  • Santa Clara University

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Los Gatos Real Estate Market

Los Gatos Real Estate Trends: Average sale price and average sales price to list price ratio.

The graph above shows average sales price and sales price to list price ratio for sales in Los Gatos for the past 12 months. Average home prices rose peaked in March and have ranged from $1,600,000 to $2,200,000 primarily depending on inventory not price trends. This marks a significant change from 2017 wehre average sales prices increased 17%.

Los Gatos home sales by price range over the past 12 months

The histogram above breaks down LKos Gatos home sales over the past 12 months by price bracket. This shows a significant peak in sales from $2,000,000 to $3,000,000.

Los Gatos Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. Too high a list price, and the home will sit on the market.

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home.

In the histogram presented here, we see that homes in nearly all price ranges sell in about a month or less, with the mid-range properties selling in 15 days or less.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

All but the upper and lower price brackets, homes in Los Gatos sell  for 2.9% to 10.9% over list, indicating strong demand.

Los Gatos Real Estate:6-month Average Sale Price to List Price Ratio by Price Range

The photos below show the lowest and highest sale price homes in Los Gatos so far in 2017

Los Gatos Single Family Home Sales in the past 12 months:

This 1,680 sf 4br/2ba home on a 7,200 sf lot that sold for $360,000 in January, 2018 holds the low price mark for Los Gatos single family homes in the past 12 months

This 12,400 sf 7br/7.5ba estate on a 48,704 sf lot that sold for $8,250,000 in April, becoming the 12-month high price mark for single family homes in Los Gatos.

Los Gatos Condo and Town Home Sales in the past 12 months:

This 816 1br/1ba condo that sold for $482,500 in January 2018 is the 12-month low price mark for condominium and townhouse sales in Los Gatos.

This 2,283 sf town home set a new high price mark for Los Gatos condominiums and town homes in 2017 when it sold over asking for $1,875,000 in November, 2017.​

Help me with Los Gatos Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.