Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

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



Saratoga, CA 95070

Fri Mar 05 2021
This week the median list price for Saratoga, CA 95070 is $3,550,000 with the market action index hovering around 68. This is an increase over last month's market action index of 59. Inventory has held steady at or around 16. Click here to stay informed with the Saratoga market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Saratoga, CA 95070

Fri Mar 05 2021
This week the median list price for Saratoga, CA 95070 is $3,550,000 with the market action index hovering around 68. This is an increase over last month's market action index of 59. Inventory has held steady at or around 16. Click here to stay informed with the Saratoga market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,550,000
Per Square Foot $1,136
Days on Market 35
Price Decreased 13%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent $5,748
Most Expensive $20,000,000
Least Expensive $2,100,000
Market Action 68
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$10,872,500 6,028 2.5 - 5 acres 4 5 52 0 0 122
$4,394,000 4,469 1 - 2.5 acres 5 4 37 1 1 171
$3,123,500 3,155 0.25 - 0.5 acre 4 3 54 2 2 3
$2,395,475 1,460 0.5 - 1 acre 2 2 72 0 2 35