Los Gatos Real Estate Closed Sales for 12/1 -12/8
Tuesday, December 8, 2009
The following homes in Los Gatos reported as closed (sold) this past week. Congratulations to the new homeowners and the community they will certainly enjoy!
15400 VIA PALOMINO Single Family 4 bed(s) /3|1 bath(s)23,482 sq ft Monte Sereno $2,395,000
16242 AZALEA WY Single Family 3 bed(s) /2|0 bath(s) 8,000 sq ft Los Gatos $1,229,000
102 HOLLYCREST DR Single Family 3 bed(s) /2|0 bath(s) 7,070 sq ft Los Gatos $799,000
14225 LORA DR #102 Condominium 2 bed(s) /1|0 bath(s) 2,242 sq ft Los Gatos $345,000
These homes all sold for below their asking price from High reduction of -9% for Lora Drive and low price reduction of 3% for Azelea Way. Home sellers and agents in Los Gatos and surrounding areas should take heed of the substantial reductions made this week. The days on market or CDOM are more relevant factors in pricing homes today than we have seen in the past few years.
This article (here) is evidence our market is doing better than average.
