Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

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



Monte Sereno, CA

Mon Dec 04 2023
This week the median list price for Monte Sereno, CA is $7,499,000 with the market action index hovering around 41. This is an increase over last month's market action index of 35. Inventory has decreased to 6. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Monte Sereno, CA

Mon Dec 04 2023
This week the median list price for Monte Sereno, CA is $7,499,000 with the market action index hovering around 41. This is an increase over last month's market action index of 35. Inventory has decreased to 6. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $7,499,000
Median Price of New Listings $0
Per Square Foot $1,247
Average Days on Market 153
Median Days on Market 81
Price Decreased 50%
Price Increased 0%
Relisted 17%
Inventory 6
Median Rent
Market Action 41
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$9,790,000 10,500 1 - 2.5 acres 6 9 19 0 0 595
$8,500,000 7,000 1 - 2.5 acres 5 6.5 43 0 0 7
$7,499,000 5,806 1 - 2.5 acres 5 6 24 0 0 59
$4,847,500 3,466 0.5 - 1 acre 5 4.5 27 0 2 98