Los Gatos Real Estate Statistics

Vasona Lake

I have been tracking statistics for Los Gatos for years.  Here is the table for just the last 2 years.  

Date Data Gathered # Active SFR (Class 1) Listing Price Range Median Price # Pending SFR- last 30 days Sales in the Month
04/30/08 153 $575,000 $15,950,000 $1,995,000 34 23
05/31/08 155 $749,950 $18,000,000 $1,895,000 46 38
06/30/08 156 $685,000 $18,000,000 $1,798,000 35 33
07/31/08 165 $625,000 $15,950,000 $1,798,000 25 29
08/31/08 153 $770,000 $15,950,000 $1,849,000 32 27
09/30/08 176 $699,999 $15,950,000 $1,780,000 22 24
10/31/08 195 $625,000 $15,950,000 $1,795,000 17 16
11/30/08 183 $679,000 $12,900,000 $1,700,000 21 13
12/31/08 135 $650,000 $10,800,000 $1,700,000 17 22
01/31/09 167 $630,000 $9,900,000 $1,698,000 20 13
02/28/09 194 $575,000 $12,900,000 $1,649,000 20 19
03/31/09 218 $599,000 $12,900,000 $1,623,000 25 16
04/30/09 201 $599,000 $12,900,000 $1,695,000 34 23
05/31/09 195 $549,000 $12,900,000 $1,688,000 38 23
06/30/09 191 $500,000 $25,000,000 $1,695,000 40 26
07/31/09 202 $500,000 $25,000,000 $1,596,000 28 38
08/31/09 187 $625,000 $22,000,000 $1,598,000 31 35
09/30/09 164 $599,000 $22,000,000 $1,695,000 37 31
10/31/09 154 $658,000 $22,000,000 $1,748,000 36 32
11/30/09 133 $440,550 $22,000,000 $1,778,000 32 32
12/31/09 94 $595,000 $22,000,000 $1,849,000 19 33
01/31/10 104 $595,000 $22,000,000 $1,980,000 21 19
02/28/10 129 $657,000 $22,000,000 $1,799,000 32 22
03/31/10 152 $595,000 $22,000,000 $1,797,000 37 32
04/30/10 176 $649,000 $19,950,000 $1,850,000 52 30

You will see that the number of listings for Los Gatos has really ramped up since the first of the year.  Those numbers reflect that there is more inventory coming on then the people are purchasing Los Gatos homes.

As of April 30, in the Santa Clara County the inventory for active listings of single family homes was 2493 and condo/townhomes is 1010. Totaling 3503 for both. This figure is 30% less than last year at this time.

The number of homes and townhome/condos that went into contract over the last 30 days was 2227 (single family – 1592, condo/townhome – 635). This figure is up over last year by about 5%. This figure is really influence by the federal tax credit that ended April 30th.

The number of closed sales in April was 1253. This figure is 11% higher than last year.

If you like to see statistics you can go to my market conditions site to see other areas – bit.ly/MarketConditions  

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