How’s the Belwood, Belgatos and Surmont real estate market?

How’s the local real estate market in east Los Gatos?    Homes here are in a very active price point for Los Gatos generally, as well as for Los Gatos with Union schools.  (You can also view homes for sale in our area here on BelwoodOfLosGatos.com under the “real estate” tab – or just use this link.)

Homes for sale, pending and sold/closed in the last 30 days in Belwood, Surmont and Belgatos neighborhoods:

Right now there are 5 houses for sale in Belwood, Belgatos and Surmont.  Of them there are 4 “regular sale” properties available and one short sale in the neighborhood (2 on Westhill, 1 on Belhaven, 1 on Belblossom and the short sale on Belwood Gateway).  One home, which was very affordably listed at $875,000, is sale pending.  Additionally, a bank owned property or REO (real estate owned by the bank) is under contract.

How long have they been listed for sale?  The two on Westhill just came on the market within the last few days.  Two of the five have been available for about 60-70 days.

You can read the MLS info on each of them on my ValleyOfHeartsDelight blog.

How are prices?  Four neighborhood homes have closed escrow in the last 30 days, with prices ranging from $975,000 to just under 1.2 million.

Months supply of inventory: To figure the months of inventory, you simply divide the actives by the solds (from the last month).  We have 5 available and  4 which have closed – so 1.25 months of inventory.  That looks pretty good but if you live in the area you know that these things tend to come in waves and just a month ago we had “infinite” months of inventory. So don’t get over excited about this and price your home too high – if houses are priced appropriately, they are selling.  If not, they are sitting.

Below are live charts and graphs from Altos research for the 95032 zip code. They will automatically update themselves each week, so even if this post appears “old”, the info below will always be current!

Information on the 95032 Zip Code Area Real Estate Market

Charts and graphs by Altos Research using active listings

90-day stats for Single Family properties in
LOS GATOS, CA 95032 as of September 14, 2018
Median List Price:$2,637,884Average List Price:$3,186,554
Total Inventory:41Price per Square Foot:$973
Average Home Size:2,702Median Lot Size:11,698
Average # Beds:4.07Average # Baths:3.61
Homes Absorbed:6Newly Listed:6
Days on Market:53Average Age:41


90-day stats for Condo properties in
LOS GATOS, CA 95032 as of September 14, 2018
Median List Price:$1,042,807Average List Price:$1,046,572
Total Inventory:12Price per Square Foot:$739
Average Home Size:1,204Median Lot Size:n/a
Average # Beds:2.30Average # Baths:2.18
Homes Absorbed:2Newly Listed:3
Days on Market:35Average Age:44

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app?pai=50109450&service=chart&st=CA&cid=70&zid=334&rt=sf&ra=c&q=a&s=median inventory&sz=m&ts=e - How's the Belwood, Belgatos and Surmont real estate market?

app?pai=50109450&service=chart&st=CA&cid=70&zid=334&rt=sf&ra=c&q=a&s=mean dom&sz=m&ts=e - How's the Belwood, Belgatos and Surmont real estate market?

app?pai=50109450&service=chart&st=CA&cid=70&zid=334&rt=sf&ra=c&q=a&s=median per sqft&sz=m&ts=e - How's the Belwood, Belgatos and Surmont real estate market?

app?pai=50109450&service=chart&st=CA&cid=70&zid=334&rt=sf&ra=c&q=a&s=median market heat&sz=m&ts=e - How's the Belwood, Belgatos and Surmont real estate market?

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

Valley of Heart's Delight fruit
Mary’s other sites & blogs

Live in Los Gatos Blog
Los Gatos neighborhoods, homes & real estate, events, parks, photos, dining, community info

Valley Of Hearts Delight
Santa Clara County Real Estate,
with an interest in history

ValleyOfHeartsDelight blog
Move2SiliconValley.com
Silicon Valley relocation info

popehandy.com
Silicon Valley real estate,
focus on home selling

Silicon Valley Real Estate Report
Silicon Valley real estate
market trends & statistics
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