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

Fri Apr 18 2025
This week the median list price for Monte Sereno, CA is $4,491,500 with the market action index hovering around 43. This is an increase over last month's market action index of 34. 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

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Monte Sereno, CA

Fri Apr 18 2025
This week the median list price for Monte Sereno, CA is $4,491,500 with the market action index hovering around 43. This is an increase over last month's market action index of 34. 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

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $4,491,500
Median Price of New Listings $3,995,000
Per Square Foot $1,428
Average Days on Market 70
Median Days on Market 28
Price Decreased 0%
Price Increased 0%
Relisted 17%
Inventory 6
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$12,450,000 6,637 1 - 2.5 acres 7 9 3 0 0 63
$5,250,000 5,085 1 - 2.5 acres 4 5 49 0 1 7
$4,491,500 3,886 0.25 - 0.5 acre 5 5 48 1 0 28
$3,743,500 2,194 0.25 - 0.5 acre 3 3 68 0 1 147