Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Current active inventory in Monte Sereno, CA is very low. Keep this in mind when looking at this report.

Monte Sereno, CA

Mon Jan 17 2022
This week the median list price for Monte Sereno, CA is $3,150,000 with the market action index hovering around 56. This is less than last month's market action index of 64. Inventory has decreased to 3. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Monte Sereno, CA

Mon Jan 17 2022
This week the median list price for Monte Sereno, CA is $3,150,000 with the market action index hovering around 56. This is less than last month's market action index of 64. Inventory has decreased to 3. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $3,150,000
Median Price of New Listings $2,599,956
Per Square Foot $1,228
Average Days on Market 133
Median Days on Market 175
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 56
Strong Seller's Market

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
$3,150,000 3,076 8,000 - 10,000 sqft 3 3.5 45 1 0 175
$3,778,000 3,076 6,500 - 8,000 sqft 5 6.5 1 0 0 175
$3,150,000 3,171 8,000 - 10,000 sqft 3 3 45 0 0 224
$2,599,956 1,618 0.25 - 0.5 acre 3 3.5 72 1 0 0