Intero's Market Report

Saratoga, CA

Single-Family Homes



Saratoga, CA

Mon Jun 24 2024
This week the median list price for Saratoga, CA is $3,999,888 with the market action index hovering around 58. This is less than last month's market action index of 63. Inventory has increased to 38. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Saratoga, CA

Mon Jun 24 2024
This week the median list price for Saratoga, CA is $3,999,888 with the market action index hovering around 58. This is less than last month's market action index of 63. Inventory has increased to 38. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,999,888
Median Price of New Listings $4,895,500
Per Square Foot $1,463
Average Days on Market 70
Median Days on Market 28
Price Decreased 21%
Price Increased 8%
Relisted 5%
Inventory 38
Median Rent
Market Action 58
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$8,888,000 5,575 1 - 2.5 acres 6 6 39 2 2 35
$5,000,000 3,410 1 - 2.5 acres 4 4 57 5 3 7
$3,774,000 2,498 0.25 - 0.5 acre 4 3 55 3 3 10
$3,199,000 2,512 0.25 - 0.5 acre 4 3 56 0 2 49