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November 2010

Vasona Lake County Park's Fantasy of Lights in Los Gatos

Date: Nov. 21, 2010
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Fantasy of Lights 2010 at Vasona Lake County Park in Los Gatos CA (Silicon Valley)

Click here for info on the 2011 production!

The 2010 season of the "Fantasy of Lights" at Vasona Lake County Park in Los Gatos runs from November 26 to Dec 31st and is open from 6 - 10pm nightly (every night, no exceptions).

This year marks the 12th anniversary of this very popular Silicon Valley lights festival in which people drive approximately 1.5 miles through a beautiful path of themed light displays.

The Fantasy of Lights does have an admission charge which covers the cost of the event (employees, extra lights, police help with the traffic, etc.). 

When: The Fantasy of Lights runs from November 26 to December 31, 2010, 6 - 10pm nightly.

Where: Vasona Lake County Park, 333 Blossom Hill Road (near University Avenue), Los Gatos

How much: The cost varies. For the best deal, get early bird tickets! $10 discount admission per vehicle through December 9th. $15 from Dec 10th - Dec 31st. For cars, minvans etc. holding 10-25 people, cost is $25 (no discounts) $50 for commercial busses.

For even more information, please visit the county parks site, www.ParkHere.org. In late 2010, someone took a video and uploaded it to YouTube. Enjoy! It's long, but good.

To see info from years past and comments from some visitors, please visit my older post here on Live in Los Gatos:

Vasona Park's Festival of Lights

 

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Short Sales vs Regular Sales in Los Gatos Real Estate Listings

The real estate absorption rate, or months of invenory, can vary dramatically from one part of the local Silicon Valley real estate market to the next.  Right now in Los Gatos, though, it's fairly stable or uniform.  The months of inventory are not terribly different between sale type & hope type in town.  It's not like that in most of San Jose or Santa Clara County!  (Reminder, conservatively, 6 months is a balanced market, more is a buyers market and less is a sellers market.)

Houses in Los Gatos, "regular sale", months of inventory = 5.78 MOI
Condominiums and townhomes in Los Gatos, "regular sale", months of inventory = 5 MOI

What about short sales?

Short sale houses in Los Gatos, MOI = 5.4
Short sale condos or townhouses in Los Gatos, MOI = 4.5

This is really weird to have the short sales be selling so much better than regular sales.  In Sunnyvale it's the complete opposite!  There regular condos and townhomes are selling at the rate of 4.42 MOI but those which are short sales are a whopping 16 months!

To get data and info on the rest of Santa Clara County, please visit my Silicon Valley real estate blog, The Valley of Hearts Delight.

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"Bear In Mind: The Story of the California Grizzly" Exhibit at the Los Gatos History Museum

Bear In Mind: The Story of the California Grizzley Exhibit at the Los Gatos History Museum at Forbes Mill

The Los Gatos History Museum at Forbes Mill is now displaying "Bear In Mind: The Story of the California Grizzly" from now through February 27th.   This is a travelling exhibition courtesy of the California Exhibition Resources Alliance.

A reception will be held on Sunday November 21st. (Members only 12 - 1, non members 1 - 4pm.)
 

For more information, please visit the website for the Museums of Los Gatos.

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Veterans Day

Date: Nov. 8, 2010
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Col. Michael Buckley (my grandfather) and me the day he was awarded the POW Medal in 2002.For a list of Veterans Day Events in the San Jose - Los Gatos - Santa Clara County area, please visit my Silicon Valley real estate blog, ("The Valley of Hearts Delight"). The Vetfriends website has more events around California, too - though it doesn't mention the parade in San Jose, for some reason.

On Veterans Day I especially remember my Grandfather, Col. Michael Buckley, who was the first U.S. POW in World War II, as well as all our loved ones who have served to protect us.  (My granddad passed away in July 2006 at the age of 104.)

We remember our family and friends who are serving now in Afghanistan and Iraq. May God keep them and all of our troops safe.

Certificate naming Colonel Michael Buckley as the first official POW for the US in World War II. It's not an honor he wanted but it is history.

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Los Gatos Real Estate Update by Zip Code

The Los Gatos real estate market varies by zip code, school district, neighborhood and price point. Today we'll view it by zip code (95030, 95032 and 95033 - the latter is the Los Gatos Mountains area and is not part of the "town" but has a Los Gatos mailing address and is generally considered Los Gatos if not properly or officially part of the town).

1.)  First, let's look at the median list price of single family homes in these zip codes combined (all of Los Gatos) by price quartile:

Real Estate Market Chart by Altos Research www.altosresearch.com

It's interesting to see the very high end start to rebound a little!  The median list price has been clearly declining across most zip codes over the last three to five yearsthough.  Some upward blips but the overall trend appears to be lower list prices.

2.) And here's the inventory situation by zip code in Los Gatos, which as you can see has been a roller coaster ride - just please note that the low points are ALL in the dead of winter. This is what you call "seasonal". In any event, it has been declining recently:

(2A) All of Los Gatos

 Real Estate Market Chart by Altos Research www.altosresearch.com

(2B) Los Gatos Inventory By Zip Code

Real Estate Market Chart by Altos Research www.altosresearch.com

3.) Finally, here is a view of the days on market in the same three parts of Los Gatos:

 Real Estate Market Chart by Altos Research www.altosresearch.com

II. Pricing Information by zip code and quartile.

1.) The days on market are rising across all zip codes and the ratio appears fairly similar from one to the next. Here's the DOM for 95030 overall:

Real Estate Market Chart by Altos Research www.altosresearch.com

 

2.) Next, the same data for 95032:

Real Estate Market Chart by Altos Research www.altosresearch.com

3.) And lastly the same information for the mountain areas of 95033:

Real Estate Market Chart by Altos Research www.altosresearch.com

 

To see what's happening with the Los Gatos real estate market via the "solds" please visit my real estate report and view the latest market date & trends for houses in Los Gatos or houses in the Los Gatos mountain communities as well as the condo and townhouse market in the town of Los Gatos.  Additionally, you can check what has sold anywhere in Los Gatos or Santa Clara County generally as long as it was on the multiple listing service!

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Where to Vote in Los Gatos Today?

Date: Nov. 2, 2010
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Voting sign at the Belwood Cabana in Los GatosPlease vote today - it is both the Gubernatorial Election and a number of key propositions are on the ballot!

Scene at Belwood's polling place at about 9:15am on Tuesday, Feb 5th. Short lines, great weather!In case you have misplaced your voter guide and need to know where to go, the League of Women's Voters has that info on their Smart Voter site, using this link for Santa Clara County:
http://www.smartvoter.org/ca/scl/

Remember to bring your photo ID.

See you at the polls!

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Live in Los Gatos

A blog about Los Gatos real estate, homes, houses, condos, townhomes, housing market, neightborhoods, history, events, businesses, parks, schools, photos, issues, and lifestyle by Mary Pope-Handy, town resident, enthusiast and Realtor.

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Mary Pope-Handy

Realtor, CRS, CIPS, ABR, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Road
Los Gatos, CA 95030
BRE # 01153805
408 204-7673

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Vasona Lake County Park's Fantasy of Lights in Los Gatos
Short Sales vs Regular Sales in Los Gatos Real Estate Listings
"Bear In Mind: The Story of the California Grizzly" Exhibit at the Los Gatos History Museum
Veterans Day
Los Gatos Real Estate Update by Zip Code





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