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Saratoga, CA Real Estate News

By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Active Single Family Home Listings for week ending December 20, 2008 compared to December 22, 2007. Saratoga California 95070 There were 114 single family home listings active in the week ending December 20, 2008 compared to 64 single family home listings active in week ending December 22, 2007.There were 17 Saratoga condos and Saratoga Townhomes listed active compared to 9 in 2007. Kathleen Daniels, Broker Realtor and Foreclosure REO SpecialistCopyright © 2008, All Rights Reserved by Kathleen Daniels *Saratoga Homes ~ 95070 ~ Week ending December 20, 2008*
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Saratoga Homes ~ 95070 Active Single Family Home Listings for week ending Nov 29, 2008 compared to December 1, 2007  Saratoga Homes Saratoga California 95070 There were 131 single family home listings active in the week ending November 29, 2008 compared to 77 single family home listings active in week ending December 1, 2007. Of the 131 single family home active listings there were 5 short sales, 0 bank owned homes and 126 traditional listings.There were 18 Saratoga condos and Saratoga Townhomes listed active compared to 8 in 2007. Of the 18 Saratoga condos and Saratoga Townhomes there were 1 short sale, 1 bank owned reo and 16 traditional listings. Kathleen Daniels, Broker Realtor Copyright © 2008, All Rights Reserved by Kathleen Daniels *Saratoga Homes 95070 ~ November 29, 2008* 
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Saratoga Homes Saratoga California 95070  Active Single Family Home Listings for week ending Nov 8, 2008 compared to Nov 10, 2007 There were 143 single family home listings active in the week ending November 8, 2008 compared to 91 single family home listings active in week ending November 10, 2007. Of the 143 single family home active listings there were 6 short sales, 0 bank owned homes and 137 traditional listings.There were 19 Saratoga condos and Saratoga Townhomes listed active compared to 13 in 2007. Of the 19 Saratoga condos and Saratoga Townhomes there were 1 short sales, 14 bank owned reo and 17 traditional listings. Kathleen Daniels, Broker Realtor and Foreclosure/REO Expert Copyright © 2008, All Rights Reserved by Kathleen Daniels *Saratoga Homes ~ Listings ~ November 8, 2008*
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Saratoga California Real Estate Saratoga Home Sales in September 2008Saratoga 95070Property Type:  Single Family Homes ~ Saratoga Real Estate There were 23 single family homes reported sold in Saratoga during the month of September 2008. Current Inventory in the month of September 2008 = 135 The Average Price was $1,957,173 The Median Sales Price was $1,690,000 The Average Days of Market (DOM) was 27 % LP Received = 96.22% There were 54 new listings reported in Saratoga, California in September 2008. Property Type:  Saratoga Condos / Saratoga Townhomes ~ Saratoga Real Estate There were 4 condos / townhomes reported sold in Saratoga during the month of September 2008. Current Inventory in the month of September 2008 = 19 The Average Price was $625,000 The Median Sales Price was $632,500 ...
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By Mary Pope-Handy, CRS, CIPS, ABR, SRES, Silicon Valley
(Christie's International Real Estate Sereno)
Our MLS provider, MLSListings.com, has not yet given us the statistics for September's closed sales in Silicon Valley, so I've done a little of the data work myself. Below, please see a graph displaying the "months of inventory" or "absorption rate" for Saratoga, California. The National Association of Realtors uses 6 months as a benchmark for when it flips from one type of market to the other. Less than 6 months is considered a sellers market, and more is a buyers market. Saratoga real estate is very pricey and offers fantastic schools with exceptionally good API scores, so this area is nearly always in demand. While these numbers may be viewed favorably on the national scale, having more than about 4 months of inventory among single family homes feels like it's a buyers market.  It re...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Saratoga California is located in Santa Clara County ~ California. Saratoga zip code is 95070Property Type:  Single Family Homes ~ Saratoga California There were 26 single family homes reported sold in Saratoga California during the month of August 2008 compared to 22 homes sold in Saratoga during the month of July 2008. The current inventory of homes in Saratoga in August 2008 = 131 The current inventory in the month of July 2008 = 137 The average sales price was $1,802,476 The average sales price in July 2008 was $2,098,175 The median sales price in August 2008 was $1,625,000 compared to $1,740,000 in July 2008 The average Days on Market (DOM) were 30 compared to 37 in July 2008. % LP Received = 96.05% compared to 96.84% in July 2008 There were 54 new listings reported in Saratoga ~ C...
Comments 9
By Mary Pope-Handy, CRS, CIPS, ABR, SRES, Silicon Valley
(Christie's International Real Estate Sereno)
Wildwood Park is tucked away along Fourth Street, but is less than a block away from the "main drag" in Saratoga Village, Big Basin Way. It would be easy to go downtown for a nice meal and never notice the nearby park, or if you had seen it on a map, not realize what a treasure it is. Why would you want to visit Wildwood Park in Saratoga? For those lucky enough to live in the area, it's a great neighborhood park that features a nice playground, large grassy area, a volleyball court and even restrooms. (Many parks in Silicon Valley do not have restrooms - the fear is that folks will spend too much time in the park.) Large trees provide ample shade. But best of all, Saratoga Creek cuts through the park; this is what makes it truly special and unique! On any given day, kids and adults alik...
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By Robert Whitelaw, Broker, CEO, Realtor , ePro
(Whitelaw & Sons Real Estate Services)
Saratogas market continues to show signs of slowing. Inventory is up, sales are down. While average sales price remains healthy and days on market are still reasonable, if inventory continues to rise while sales drop, price will eventually have to come down to equalize the market again. Read on for all the details. Summary Of Comparable Properties Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  18718 Austin Wy   Saratoga   6+   4+  60   60   49   7,227   $864.81   91,911   $6,800,000     $6,250,000    14310 Lutheria Wy   Saratoga   4   3 1/2  25   25   45   5,300   $867.92   33,930   $4,900,000   69   $4,600,000    19160 Crisp Av   Saratoga   5   4+  80   80   40   5,509   $676.17   42,253   $3,998,000   15   $3,725...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Closed Sales in Saratoga, California in July 2008Property Type:  Single Family Homes ~ Saratoga There were 22 single family homes reported sold in Saratoga during the month of July 2008. Current Inventory in the month of July 2008 = 137 The Average Price was $2,098,175 The Median Sales Price was $1,740,000 The Average Days of Market (DOM) was 37 % LP Received = 96.84% There were 61 new listings reported in Saratoga, California in July 2008. Property Type:  Condo / Townhomes ~ Saratoga There were 5 condos / townhomes reported sold in Saratoga during the month of July 2008. Current Inventory in the month of July 2008 = 15 The Average Price was $785,000 The Median Sales Price was $625,000 The Average Days on Market (DOM) was 69 % LP Received = 98.44% There were 5 new listings reported in S...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Things to do in Los Gatos and Saratoga this weekend!Theatre in the Mountains  Presents ~ The Secret GardenThis family musical features local talent and captures the beauty and magic of an orphaned girl living in India brought to England to unlock the neglected gardens. It is about the healing power of love and the miracle of rebirth. Friday ~ August 22, 2008 @ 8:00pm Saturday ~ August 23, 2008 @ 8:00pm Sunday ~ August 24, 2008 @ 2:00pm Loma Prieta Community Center 23800 Summit Road ~ Los Gatos, California 95033 Information: 408.353.9999 Tickets: Adults $18.50 ~ Students/Seniors $14.00 The Mountain Winery 14831 Pierce Road ~ Saratoga, California 95070 Creedence Clearwater Revisited Friday ~ August 22, 2008 @ 7:30pm Toad the Wet Sprocket ~ Mellow Melodic Folk Pop Sound of an Alternative B...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Saturday ~ August 16, 2008 and Sunday August 17, 2008 ~ From 10:00 am - 6:00 pmFiesta de Artes - Join the fun on the Los Gatos Civic Center Lawn. Visit fine arts and craft booths while you enjoy live music, eat great food and drink fine wine and microbrews. Tickets: FreeSaturday ~ August 16, 2008 at 7:00 pm Michael McDonald ~ an American R&B singer and songwriter will be at the Mountain Winery in Saratoga, California. Kathleen Daniels is a Saratoga ~ Silicon Valley Real Estate Consultant serving the needs of home buyers and home sellers in Saratoga and Silicon Valley. 1.800.972.1822 ~ Call today for a free ~ no obligation consultation! Copyright © 2008, All Rights Reserved by Kathleen Daniels * Things to do in Los Gatos and Saratoga this weekend!*   
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
On Friday ~ August 15, 2008, Saturday ~ August 16, 2008 and Sunday ~ August 17, 2008 The Comedy of Errors will begin at 7:00pm at Sanborn Park.  Although Sanborn Park is located in the Santa Cruz Mountains it is managed by the County of Santa Clara in the beautiful State of California.The Comedy of Errors is filled with confusion and laughter involving two sets of identical twins. A master and his servant are mistaken for their counterparts. The show lasts slightly less than 2 hours. Enjoy an affordable outdoor family event this weekend at Sanborn Park in Santa Clara County.The Comedy of Errors is free however there is a $6.00 fee for parking. At the end of the show everyone is given an opportunity to make a donation. Sanborn Park is located at 16055 Sanborn Road in Saratoga, CA 95070 I...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Relax and enjoy the Beach Boys at the Mountain Winery in Saratoga, California on Sunday, August 3, 2008. The show begins at 8:00 pm.The Beach Boys began their career as the most popular surf band in the nation. The Beach Boys finally emerged by 1966 as America's preeminent pop group, the only act able to challenge, however briefly, the overreaching success of the Beatles with both mainstream listeners and the critical community.Location: Mountain Winery 14831 Pierce Rd. Saratoga, CA 95070Tickets: $45.00 - 69.50 Info Phone: 408.741.2822 
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Reporting Saratoga resale single family residences and condos as well as new homes. % Change is from the same month last year at the Median Price. Sales include all attached and detached homes, both new and resale, including FSBO, family transfer and out of area sales. The information is gathered from public records at county recorders offices where documents are filed after the close of escrow.Source: DataquickCity: Saratoga#Sold: 36May 2008: $1,506,500May 2007: $1,650,000% Change Yr-to-Yr: -8.70%  
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Reporting Saratoga resale single family residences and condos as well as new homes in May 2008 by Zip Code.% Change is from the same month last year at the Median Price. Saratoga sales include all attached and detached homes, both new and resale, including FSBO, family transfer and out of area sales. The information is gathered from public records at county recorders offices where documents are filed after the close of escrow.Source: DataquickCity: SaratogaZip: 95070Sales: 41% Change: -22.6%Med.$: $1,506,500% Change: -8.7%High $: $3,300,000$/Sq.Ft. $696% Change: 1.4%  
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
As one of the most popular Californian pop/rock bands of the '70s, the Doobie Brothers evolved from a mellow, post-hippie boogie band to a slick, soul-inflected pop band by the end of the decade.The Doobie Brothers will be in Saratoga on Thursday, July 24, 2008.Show starts at 8:00 p.m.Location: Mountain Winery, 14831 Pierce Road, Saratoga, CA  95070Tickets:  $89.00 - $320.00  Info Phone:  408.741.2822 
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Saratoga California is located in Santa Clara County, 26 miles east of the Pacific Coast, ten miles southwest of San Jose and fifty miles south of San Francisco. The city is situated in the foothills of the Santa Cruz Mountains at an elevation of 500 feet.Pretty and prestigious Saratoga CA is home to many of Silicon Valley's judges, doctors, middle and upper managers. Nestled against the foothills of the Santa Cruz Mountains, Saratoga has a charming old town feel and mineral springs in the hills. It is just a short drive to many major employers such as Apple Computer, Intel and Silicon Graphics. Those commuting from Saratoga can take Highway 85 which ties to the Santa Clara County freeway network.Saratoga is served by six school districts and all scores run in the 80th and 90th percenti...
Comments 13
By Robert Whitelaw, Broker, CEO, Realtor , ePro
(Whitelaw & Sons Real Estate Services)
Saratoga is seeing more of the effects of the down market. Inventory is up, sales are down. Also, the average price is down. However, this appears to be more the result of a change in buyers changing their focus to lower priced homes in Saratoga.  The good news is that homes in Saratoga are selling quickly. Over 75% of the homes that sold in June 2008 sold in under 30 days. Read on for all the details.     Summary Of SOLD Properties Saratoga, California Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  22653 Garrod Rd   Saratoga   5   4+  9   9   1   5,850   $726.5   87,120   $4,389,000   9   $4,250,000    15867 Mina Wy   Saratoga   6+   4+  215   215   47   5,903   $586.14   16,117   $3,545,000   7   $3,460,000    12...
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By Robert Whitelaw, Broker, CEO, Realtor , ePro
(Whitelaw & Sons Real Estate Services)
Saratoga is another one of those communities that has shown itself to be very resilient in the face of the current down market. However, the data for May 2008 does show that the housing market in Saratoga has been effected in some ways. It remains a sellers market, but we are seeing some trends that tend to indicate the market in Saratoga is in transition.      Summary Of Sold Properties Saratoga, California May 2008 Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  18700 Montewood Dr   Saratoga   5   4+  39   39   60   4,296   $768.16   49,222   $3,500,000   10   $3,300,000    21536 Saratoga Heights Dr   Saratoga   4   4+  220   220   34   5,000   $604   55,756   $3,280,000   21   $3,020,000    15780 Lancaster Rd   S...
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the November MLS statistics for Condominiums & Townhomes in Saratoga, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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