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April is Green! It's "Keep Los Gatos Beautiful" Month

 

Los Gatos growing greener togetherDid you know that April is the month for "Keep Los Gatos Beautiful"? There's a lot of emphasis on the town being "green" too. Events include:

    • Farmer's Market April 6 - info on recycling
    • E-Waste Recycling event at Sereno Group, Los Gatos 9:30-1:30
    • Farmer's Market April 13 - info on P, G & E vegetation program
    • Children's Earth Day Celebration April 17 4pm at the town library
    • Farmer's Market April 27 - West Valley Clean Water Program

For detailed information on these events and MORE, please see the Los Gatos town newsletter, "Keep Los Gatos Beautiful".
 

 

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Videos of Los Gatos on the town's website

The town of Los Gatos has a very nice series of videos about our wonderful community.  Click on the link below and go to the video home page hosted on the town's site; it will auto play the "Welcome" video so be prepared for audio to kick in when you click on the link.  All the clips are fairly short, so it's an easy way for visitors to get a quick visual intro to the area.

Town of Los Gatos video series on this community

http://www.elocallink.tv/clients3/ca/losgatos/tourplay.php

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Quick look at the Los Gatos real estate market

The Los Gatos real estate market is very healthy, with a strong sale price to list price ratio. As with the rest of Santa Clara County, inventory is extremely low, and that is pushing prices up. Today we'll get a view of the market using just a few charts, but please click on the links for more info (or call, email or reach out to me if you'd like an appointment to discuss your segment of the market in particular).

First, a chart from my Los Gatos Real Estate Report (click on the link for more information).

Trends At A Glance Feb 2014 Previous Month Year-over Year
Median Home Price +5.6% $1,663,000 $1,575,000 +51.2% $1,100,000
Average Sales Price +2.2% $1,772,450 $1,735,120 +31.3% $1,350,060
No. of Homes Sold +38.1% 29 21 +3.6% 28
Pending Properties +6.3% 34 32 0.0% 34
Foreclosures Sold N/A 0 0 N/A 0
Short Sales Sold N/A 0 0 -100.0% 2
Active Listings -10.0% 54 60 -27.0% 74
Active Foreclosures 0.0% 1 1 0.0% 1
Active Short Sales 0.0% 1 1 -50.0% 2
Sales Price vs. List Price -0.9% 100.4% 101.3% +2.2% 98.2%
Average Days on Market -44.7% 42 75 -39.6% 69

 

Trends At A Glance Jan 2014 Previous Month Year-over Year Median Home Price +23.7%$1,770,000 $1,431,000 +13.8%$1,555,000 Average Sales Price +34.8%$1,920,450 $1,424,850 +12.6%$1,704,850 No. of Homes Sold -17.4%19 23 +46.2%13 Pending Properties +31.8%29 22 +61.1%18 Foreclosures Sold N/A0 0 N/A0 Short Sales Sold N/A0 0 N/A0 Active Listings +2.1%48 47 -7.7%52 Active Foreclosures N/A1 0 N/A0 Active Short Sales -66.7%1 3 N/A0 Sales Price vs. List Price +0.8%101.1% 100.3% +1.7%99.4% Average Days on Market +136.6%74 31 +118.6%34 - See more at: http://popehandy.rereport.com/market_reports?formSubmit=1&searchtype=search&emailtype=search&period=1&report_description=Santa+Clara+County%2C+All+Cities%2C+All+Neighborhoods&area=15&cities=3048&locations=&yearmonth=2014-1&proptype=1&get_report=#sthash.H93BlIu0.dpuf
Trends At A Glance Jan 2014 Previous Month Year-over Year Median Home Price +23.7%$1,770,000 $1,431,000 +13.8%$1,555,000 Average Sales Price +34.8%$1,920,450 $1,424,850 +12.6%$1,704,850 No. of Homes Sold -17.4%19 23 +46.2%13 Pending Properties +31.8%29 22 +61.1%18 Foreclosures Sold N/A0 0 N/A0 Short Sales Sold N/A0 0 N/A0 Active Listings +2.1%48 47 -7.7%52 Active Foreclosures N/A1 0 N/A0 Active Short Sales -66.7%1 3 N/A0 Sales Price vs. List Price +0.8%101.1% 100.3% +1.7%99.4% Average Days on Market +136.6%74 31 +118.6%34 - See more at: http://popehandy.rereport.com/market_reports?formSubmit=1&searchtype=search&emailtype=search&period=1&report_description=Santa+Clara+County%2C+All+Cities%2C+All+Neighborhoods&area=15&cities=3048&locations=&yearmonth=2014-1&proptype=1&get_report=#sthash.H93BlIu0.dpuf

The Los Gatos Condominium and Townhouse Market

Next, the same information but for Los Gatos condos and townhomes:

Trends At A Glance Feb 2014 Previous Month Year-over Year
Median Home Price +49.4% $466,875 $312,500 +17.0% $399,000
Average Sales Price +50.7% $470,938 $312,500 +28.8% $365,667
No. of Homes Sold +100.0% 4 2 +33.3% 3
Pending Properties -33.3% 2 3 -60.0% 5
Foreclosures Sold N/A 0 0 N/A 0
Short Sales Sold N/A 0 0 N/A 0
Active Listings -40.0% 3 5 -25.0% 4
Active Foreclosures N/A 0 0 N/A 0
Active Short Sales -100.0% 0 1 N/A 0
Sales Price vs. List Price -0.7% 98.4% 99.2% -3.4% 101.8%
Average Days on Market -68.7% 27 87 +255.6% 8

 

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The Town of Los Gatos is Recruiting for Volunteers on Boards, Commissions & Committees

Date: Feb. 14, 2014
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 Los Gatos wants you!  The Town of Los Gatos is recruiting for volunteers on boards, commissions & committees.  Particularly, help is needed with these areas:

-Arts and Culture Commission
-Transportation and Parking Commission
-Housing Element Advisory Board

The application deadline is March 7, 2014 at noon.  More info and a link to the application form can be found on the town's website here:

http://www.losgatosca.gov/CivicAlerts.aspx?AID=878

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Los Gatos sidewalks: some unfinished business

Date: Jan. 30, 2014
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Like many places in Silicon Valley, Los Gatos has its share of work needed on roads and sidewalks.  But sometimes, the work in progress seems to stop at an odd juncture.  The photo below is a site you'll find on Belgatos Road in east Los Gatos (in the Belwood of Los Gatos neighborhood).  On the left, you see a newer looking bit of sidewalk with a normal curb.  And to the right of that - but not connected - a very, very new looking ramp.

What are they thinking?

A Los Gatos sidewalk and ramp - which do not connect to each other!

Perhaps stranger still, the sidewalk on the left doesn't have a ramp at the other end of the block, either. In fact there are very few ramps anywhere nearby. Maybe the home owner is going to add a sidewalk by the street?

We'll be watching!

 

Related reading:

See also a San Jose Mercury News article from July 2013 on a related topic

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Town of Los Gatos Single-Use Carry-Out Bag Ordinance Begins Feb 3, 2014

Quick reminder that the Town of Los Gatos has a new ban on plastic bags of the single-use type (heavier reusable bags may be exempt) which begins February 3, 2014.  If you find yourself bagless and in need of a bag, one may be purchased at the grocery or other store for 10 cents.  Ideally, Los Gatans will embrace the concept of bringing their own bags.

Los Gatos Single-Use Carry-Out Bag Ordinance

 

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"Knockout" in east Los Gatos: woman punched at Walgreen's Shopping Center

 Normally it's a very quiet neighborhood shopping center, a friendly place where the most annoying thing is the occassional bit of graffitti or bad parking.  But yesterday, Monday, January 6, 2014, a woman was assaulted in front of "Dance Attack" between Los Gatos Pizza and the Tea Garden Chinese Restaurant at the Walgreen's Shopping Center on Blossom Hill Road and Harwood Road in Los Gatos.

This was reported on the Nextdoor.com site: a woman was chatting with a couple of other moms outside of one of the Dance Attack studios. A young black male, wearing a white t-shir, punched her in the face and ran.

Apparently it's part of a horriffic national "game" called knockout.

Locals are more than upset. They're seething.

The east Los Gatos border with the Cambrian area of Los Gatos is a friendly area. People are nice, they say hello when out walking, and overall everyone gets along. To have a violent attack like this is creating a big stir on the Nextdoor communities.

The assailant was last seen running up Harwood Road, toward the hills. Let's hope he's caught soon.

 

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Los Gatos real estate market months of inventory by price point and high school district

Sorting out the local Los Gatos real estate market can be a bit tricky, but one of the best instruments for measuring performance is the months of inventory (MOI, or absorption rate).  In this article we'll consider the MOI houses in Los Gatos 95030 and 95032 by high school district and price point, since I believe those are the two main drivers of our residential real estate market.

 Also, this time I'm adding in the pending sales as an indicator of where the market is going, too - just to cover the bases!  Finally, since I did a similar study the first week in November, but without the pendings, I'll keep those below the current tables for the sake of comparison. Overall, right now we have a brisk 2 months of inventory for houses in Los Gatos.  But homes in the lowest price point are selling far faster - at about 10 days of inventory!!  The MOI increases very clearly with higher price points, where it becomes increasingly challenging to sell.

Los Gatos all schools by price point

About six weeks earlier, it looked like this chart below -the MOI is now a lot faster (4.19 then to 2.04 now) as inventory has shrunk by about a third and sales have increased (21 to 28 now).  Perhaps most striking is the change in the luxury or high end market over the last six weeks.  It seems far harder to sell a luxury home now as opposed to then.

Los Gatos 95030 & 95032 all schools Next up - homes "in the schools" with Los Gatos High School, then those in the Leigh HS and Westmont HS attendance areas.  How will these numbers stack up compared to the town as a whole?

Please read the full article on my Valley of Hearts Delight blog

 

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The Holiday Season in Los Gatos: So Much To Do!

December is here, and with it are all the holiday wonders in beautiful Los Gatos. Lots is happening in and around our quaint corner of Silicon Valley. Here's the rundown on carriage rides, the Fantasy of lLghts, the tree lighting ceremony, the Los Gatos holiday parade, and more:

2013 Los Gatos Holiday Events by date:

Thursday, Dec 5 - Downtown Los Gatos Shopping Stroll - about 50 shops are open to 9pm, enjoy free valet parking.
 
Friday, Dec 6 4pm Tree lighting ceremony festivities begin - Town Park Plaza (Santa arrives at 6)
 
Saturday, Dec 7 11am Holiday Parade begins - Main & North Santa Cruz Avenues
 
Saturday, Dec. 7 - Kickoff to the annual King's Court Festival of Trees from 12 noon to 4pm. Enjoy live music, face painting, balloon animals & more. (Santa photos $10.) See more: http://www.kingscourtlg.com/images/uploads/Trees_2013.pdf
 
Sunday Dec. 8, 11am - 3pm - Photos with Santa (both kids AND pets) Bring your own camera, no fee! Town Park Plaza.
 
Thursday, Dec 12 & 19 - Downtown Los Gatos Shopping Stroll - about 50 shops are open to 9pm, enjoy free valet parking.
 
Sunday Dec. 15 & 22 - Photos with Santa (kids only, no pets) at the Town Park Plaza from 11am - 3pm. Bring your own camera, free event! 
 
 

Ongoing Holiday Events in Los Gatos:

Fantasy of Lights at Vasona Lake County Park - This is the 15th anniversary of the immensely popular drive-through event . It runs 6pm to 10pm every night through Dec 31st. For more info, see Vasona Lake County Park's Fantasy of Lights (post).  Want more? Visit the county parks website, ParkHere.org.

Fantasy Train of Lights - train rides begin December 1st and runs Thursdays through Sundays from 6 - 9pm.. Not all lights are visible from the train. See the county's park page on this event  and also the Billy Jones Wildcat Railroad page on the special train ride for the display for more info. Cost is $5 (but kids under 2 ride for free).

Carriage Rides in downtown Los Gatos - These begin Friday Nov 29th and happen on various days through December until the Monday the 23rd. Please see the Los Gatos Chamber's website for dates, times, prices and to make reservations.

Santa in Los Gatos: Sundays 11am-3pm, December 8th, 15th and 22nd at Town Plaza Park. Also - Dec 8 is Santa "Paws" Day when pooches are also welcome.  Bring your camera and take pics of your little ones with the Big Guy in Red.  No cost but suggested donation of $5 per kid (or pet). These events are courtesy of the Los Gatos-Saratoga Rec Dept: www.lgsrecreatoin.org

Festival of Trees at King's Court Shopping Center: Dec 7 - 17, vote for your favorite Christmas tree!  See more details on the kickoff and contest on the pdf for the 2013 Festival of Trees event here (bonus: there are cupons for various shops in the center too!).

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Los Gatos Downtown Holiday Shopping Stroll

Date: Dec. 4, 2013
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Downtown Los Gatos Holiday Shopping StrollDowntown Los Gatos has much to offer, particularly during the holidays, but now we can add one more thing for which to be grateful - the holiday shopping stroll.  On the first three Thursdays of December, a large number of merchants (more than 50) will keep their doors open until 9pm to facilitate holiday gift buying. Additionally, there's free valet parking!

 

Please see the Los Gatos Chamber of Commerce's page for a list of participating stores & shops as well as info on the valet parking...and more!

http://losgatoschamber.com/holiday.php

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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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April is Green! It's "Keep Los Gatos Beautiful" Month
Videos of Los Gatos on the town's website
Quick look at the Los Gatos real estate market
The Town of Los Gatos is Recruiting for Volunteers on Boards, Commissions & Committees
Los Gatos sidewalks: some unfinished business





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