Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Monte Sereno, CA

Mon Jul 06 2020
This week the median list price for Monte Sereno, CA is $5,822,500 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has held steady at or around 12. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Monte Sereno, CA

Mon Jul 06 2020
This week the median list price for Monte Sereno, CA is $5,822,500 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has held steady at or around 12. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $5,822,500
Per Square Foot $1,083
Days on Market 77
Price Decreased 25%
Price Increased 0%
Relisted 17%
Inventory 12
Median Rent
Most Expensive $23,800,000
Least Expensive $3,375,000
Market Action 47
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$11,999,000 8,710 1 - 2.5 acres 5 8 26 0 0 205
$6,188,000 5,280 1 - 2.5 acres 5 5 13 1 0 44
$5,689,000 5,520 1 - 2.5 acres 5 5 30 0 0 30
$3,850,000 3,688 0.5 - 1 acre 4 3 44 2 1 28