Los Gatos Mountains Real Estate – 2014 Housing Market Review

Los Gatos Mountains Real Estate

Los Gatos Mountains Real Estate

During 2014, 129 homes were sold via the MLS in the Los Gatos Mountains – what REALTORS call Zone 23 which is just part of postal zip code 95033.   This was nearly identical to the number of homes that sold in 2013.   But in 2014, about 44 homes fetched sales prices exceeding $1 million, up from 2013 when about 30 homes sold for over $1 million in the Los Gatos Mountains MLS region.   I say “about” because not all homes are sold via the MLS.

The average price for a 3 bedroom, 2 bath home, for those people with a budget under $1 million for 2014 was $706,000 (up 3% over 2013) – which purchased on average an 1800 square foot home on a couple of acres.

Real estate prices in San Francisco, the Peninsula, and in the Silicon Valley have appreciated so much that the Los Gatos Mountains are an attractive and relatively affordable option for buyers.   Commuters have only about 30 minutes’ drive to most Silicon Valley jobs.    Besides affordability, residents enjoy a more relaxed, country lifestyle with exceptional schools and dozens of parks and beaches within half an hour’s drive.  .

If this sounds good to you – give me a jingle – (831) 419-9759.     You can also look for properties on my website at

http://www.Los-Gatos-Mtns-Homes.com

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