Recent Los Gatos sold homes in Shannon neighborhood!

If the recent hike in home sale prices have peaked your interest in marketing your home, you are not alone!   But in July 2013, the home prices dropped 0.3%, so we wanted to explore what sold in our immediate neighborhood of Shanoon.  

Address	List Price	Sold Price	% over Ask
268 MARCHMONT DRIVE	$1,399,950	$1,410,000	0.7%
110 ANN ARBOR COURT	$1,499,000	$1,549,500	6.3%
15925 QUAIL HILL ROAD	$1,425,000	$1,580,000	10.3%
105 Bond Court	$1,650,000	$1,628,000	-1.3
122 Whitney Stacia	$1,125,000	$1,275,000	1.6%
159 VISTA DEL MONTE	$1,698,000	$1,725,000	1.6%
100 LANSBERRY COURT	$1,825,000	$1,787,500	-2%
120 LONGMEADOW DRIVE	$1,898,000	$1,890,000	-0.4%
16470 SHANNON ROAD	$2,788,000	$2,588,750	-7.1%

As you can see with the recent sales in our Shannon neighborhood, if the homes are not priced strategically, they are not fetching the over-asking price that we have come to anticipate and expect.    In fact, the current listing on 16600 Englewood Avenue is a painful reminder of how an over-priced Los Gatos home will linger on the market if it’s not priced properly.   During the listing period of this home another listing came to the market on the SAME street located at 16457 Englewood went under contract in 6 days.  

So, finding the right team to list your property has now become much more critical in Los Gatos with signs of decline in prices.    

Contact us if you need ideas about marketing your Los Gatos property. 

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