What’s selling in the Belwood, Belgatos and Surmont areas of east Los Gatos? How’s the market?

The market is pretty hot in our pocket of Los Gatos!  Here’s what has gone under contract in Belwood, Belgatos, Surmont and very nearby since January 1, 2012.  (DOM = “Days on Market”.  REO = “Real Estate Owned (by the bank)” or bank owned home.)

Sale type Status Street  List Price   Sales Price  Square Ft Lot Size DOM Sale Date
Regular Active WESTHILL DR  $1,399,000.00   2832 15400 17  
REO Active GEMINI CT  $1,100,000.00   2879 9190 9  
Regular Pending BELVALE DR  $1,149,999.00   2448 10250 13 4/11/2012
Reglar Pending BELWOOD GY  $   949,000.00   1730 11385 8 4/20/2012
Regular Pending BACIGALUPI DR  $1,249,999.00   2746 11500 7 3/22/2012
Regular Pending OLD ORCHARD DR  $1,275,000.00   2736 10209 51 3/27/2012
Short Sale Pending BELWOOD GY  $   925,000.00   2251 10240 213 3/30/2012
Regular Pending BELCREST DR  $   895,000.00   2448 9875 7 4/4/2012
Reglar Sold & Closed  HARWOOD RD  $1,099,999.00  $1,098,000.00 2804 11036 252 1/5/2012
Regular Sold & Closed ALMOND BLOSSOM CT  $1,199,950.00  $1,140,000.00 2923 10018 59 3/2/2012

The home on Belvale had 6 or 7 offers – I know because I placed one of the bids on it for my buyers!  There were also multiple offers on the Bacigalupi house as well.  Both are said to have sold over list price.   Most homes are selling pretty fast now, and at very good prices.

The real estate market across Silicon Valley has really zoomed into a strong seller’s market over the last 3 to 4 weeks.  I have been involved with MANY offers, both on the seller side and the buyer side, and almost every single one was a multiple offer situation with sales getting pushed much higher than list price. (This last Monday, for example, I sold a small Santa Clara condo that was not strategically underpriced but it got 20 offers, 8 of them “all cash” and sold about 8% over list price.  This is happening all over.)

Want to see more photos and a map?  My Los Gatos Real Estate Report can display listings, pendings and sold properties anywhere in Santa Clara County. Click on this link to see what’s happening near our part of town.  (It loads a little slowly so please be patient.)

Contact Mary NowIf you’d like to buy or sell a home in the Surmont, Belgatos, or Belwood of Los Gatos areas , please call me!  I’m a resident (since 1999) and a Realtor here in Los Gatos with Sereno Group and know the area like only a local does.

Mary Pope-Handy
408 204-7673
mary (at) popehandy (dot) com

BelwoodOfLosGatos.com

This website is provided by Mary Pope-Handy, a Belwood resident and real estate agent.

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For the HOA site,
and phone numbers for the Cabana or HOA, please visit
BelwoodHomes.org


************************* Mary Pope-Handy
Belwood area resident
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
BRE License #01153805

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