The Los Gatos & Monte Sereno real estate markets cooled a bit in August 2010 with significantly fewer fewer sales. This is true both for houses as well as for condominiums and townhouses. A word of caution: although the median and average sales prices are rising, this does not mean, necessarily, that individual homes are rising in value. It may signify just that more expensive homes are selling.
Here's a quick look at the numbers from my newly updated Real Estate Report (click the links for more info on these categories or for anywhere in the greater San Jose or Santa Clara County areas):
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.
Realtor, CRS, CIPS, ABR, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Road Los Gatos, CA 95030
BRE # 01153805