Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Monte Sereno, CA

Tue Jun 18 2019
This week the median list price for Monte Sereno, CA is $3,888,000 with the market action index hovering around 30. This is an increase over last month's market action index of 27. Inventory has held steady at or around 17. Click here to stay informed with the Monte Sereno market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Monte Sereno, CA

Tue Jun 18 2019
This week the median list price for Monte Sereno, CA is $3,888,000 with the market action index hovering around 30. This is an increase over last month's market action index of 27. Inventory has held steady at or around 17. Click here to stay informed with the Monte Sereno market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $3,888,000
Per Square Foot $1,036
Days on Market 42
Price Decreased 35%
Price Increased 0%
Relisted 0%
Inventory 17
Median House Rent
Most Expensive $7,350,000
Least Expensive $2,750,000
Market Action Index
Slight Seller's Advantage
30

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$5,498,500 6,028 1 - 2.5 acres 5 5 47 0 0 42
$4,073,500 4,434 0.5 - 1 acre 5 4 49 0 0 71
$3,792,000 3,823 1 - 2.5 acres 4 3 52 1 0 36
$2,995,000 2,350 0.25 - 0.5 acre 4 3 57 0 1 23