Mary Pope-Handy's Market Report

Saratoga, CA

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Saratoga, CA

Thu Mar 28 2024
This week the median list price for Saratoga, CA is $4,599,000 with the market action index hovering around 58. This is an increase over last month's market action index of 52. Inventory has held steady at or around 18. Click here to stay informed with the Saratoga market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Saratoga, CA

Thu Mar 28 2024
This week the median list price for Saratoga, CA is $4,599,000 with the market action index hovering around 58. This is an increase over last month's market action index of 52. Inventory has held steady at or around 18. Click here to stay informed with the Saratoga market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $4,599,000
Median Price of New Listings $4,198,000
Per Square Foot $1,412
Average Days on Market 92
Median Days on Market 28
Price Decreased 0%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent
Market Action 58
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$11,397,500 6,159 1 - 2.5 acres 5 6 29 0 0 35
$5,444,400 4,133 0.5 - 1 acre 5 3.5 49 2 2 3
$3,998,000 2,590 0.25 - 0.5 acre 4 2.5 51 3 2 0
$2,495,000 2,399 1 - 2.5 acres 4 2 56 1 3 112