Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Monte Sereno, CA

Sat Sep 21 2019
This week the median list price for Monte Sereno, CA is $3,437,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 54. Click here to stay informed with the Monte Sereno market!

Market Action Index

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

Slight Seller's Advantage

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Monte Sereno, CA

Sat Sep 21 2019
This week the median list price for Monte Sereno, CA is $3,437,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 54. Click here to stay informed with the Monte Sereno market!

Market Action Index

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

Slight Seller's Advantage

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $3,437,500
Per Square Foot $1,064
Days on Market 67
Price Decreased 41%
Price Increased 2%
Relisted 13%
Inventory 54
Median House Rent
Most Expensive $23,800,000
Least Expensive $1,339,900
Market Action Index
Slight Seller's Advantage
30

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$5,195,000 6,276 1 - 2.5 acres 5 6 27 1 2 66
$3,998,000 3,809 1 - 2.5 acres 5 5 68 0 0 98
$2,998,500 3,056 0.5 - 1 acre 4 3 66 2 0 53
$2,150,000 1,805 0.25 - 0.5 acre 3 1 90 2 1 52