Thu Jan 23 2020
This week the median list price for Monte Sereno, CA is $3,690,000 with the market action index hovering around 33. This is less than last month's market action index of 37. Inventory has held steady at or around 25.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$3,690,000|
|Per Square Foot||$1,030|
|Days on Market||131|
|Slight Seller's Advantage|
The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$8,731,893||7,447||2.5 - 5 acres||5||11||28||1||0||141|
|$4,224,500||3,855||0.5 - 1 acre||4||5||68||0||0||169|
|$2,794,500||2,790||6,500 - 8,000 sqft||4||3||45||0||0||122|
|$1,999,950||2,052||1 - 2.5 acres||3||2||68||0||0||98|