| Belwood Area Blog |
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Commentary on real estate and homes, area updates, park news, information, and more on the Belwood of Los Gatos, Belgatos, and Surmont neighborhoods by Mary Pope-Handy, a Belwood resident and Realtor.
Also please visit my Los Gatos Blog, "Live in Los Gatos!"
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How Is The Real Estate Market in Belwood of Los Gatos, Belgatos, and Surmont (in east Los Gatos)?
The Los Gatos real estate market has fared better than many other parts of Silicon Valley in recent months, but prices are declining, days on the market area increasing and inventory is climing.
The median sales (sold) price of homes is down about 26% year over year in Los Gatos (95030 and 95032). List prices appear to be flat (see graph below, which is from Altos Research, a subscription I have) but in many price points, homes are being reduced multiple times prior to selling. .jpg)
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Posted by Mary Pope-Handy at 11:05 PM on Sep-10-2008
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TAGS: Belwood, Belgatos, Surmont, Real Estate, Market, trends
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Catting Around Town....Get Out & Circulate! Please check out the Los Gatos Chamber of Commerce's site for information on TOUCH MY HEART and the annual CIOPPINO DINNER (both Feb 27th) and more upcoming events!
Town of Los Gatos volunteers - the community has many volunteers but can always use more!
Farmer's Market - Every Sunday - 8am to 1pm
Every Sunday, in every type of weather, you can meander through the
town's Farmer's Market at Town Plaza Park. It's a great place to get
wonderful produce and flowers and meals/snacks too. (The crepes are
fabulous.) Dogs are NOT allowed into the stalls area but may be in the
park, adjacent to the action.
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