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.
Annual Halloween Part at the Belwood of Los Gatos Cabana Club
Sunday October 26th from 3:30 - 6pm (free admission but donations appreciated) - games, prizes, candy, costumes and "the magic mirror". Spooky haunted house tours begin at 5pm.
Pizza and Drinks served at 4pm (Pizza $2, Drinks $1).
Volunteers are needed to help with this incredibly fun event. Please contact Charleen Renati at 358-7905 or crenati@comcast.net.
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.
Over the weekend, the Belwood of Los Gatos community participated in the "Community Yard Sale" that was happening throughout the town of Los Gatos. The cabana was a busy place with folks selling their wares at what seemed like a good clip. Additionally, neighbors held yard sales in their own driveways and front yards too, as was the case all over this part of Silicon Valley.
The pool is open and swimmers are happy as the heat has been bearing down on us. To see about scheduling a party there (if you are a cabana member), see the Belwood Community's website.
The real estate market is busy in Belwood, Belgatos, and Surmont too. There are now seven active listings and two pending sales in these three areas. As with other parts of town, not all homes are selling - only the ones perceived as being "the best value" for the money are getting offers and going to closing. (For more information on the housing market, please click on the Homes Info button above.)
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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!
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.