Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Monte Sereno, CA

Thu Sep 24 2020
This week the median list price for Monte Sereno, CA is $3,298,500 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has held steady at or around 10. 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.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Monte Sereno, CA

Thu Sep 24 2020
This week the median list price for Monte Sereno, CA is $3,298,500 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has held steady at or around 10. 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.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $3,298,500
Per Square Foot $1,226
Days on Market 60
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Most Expensive $23,800,000
Least Expensive $2,588,000
Market Action 53
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.