Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Saratoga, CA 95070

Wed May 22 2024
This week the median list price for Saratoga, CA 95070 is $4,280,000 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has increased to 41. 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 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.

Saratoga, CA 95070

Wed May 22 2024
This week the median list price for Saratoga, CA 95070 is $4,280,000 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has increased to 41. 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 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 Saratoga market.
Median List Price $4,280,000
Median Price of New Listings $3,993,500
Per Square Foot $1,316
Average Days on Market 57
Median Days on Market 14
Price Decreased 10%
Price Increased 10%
Relisted 2%
Inventory 41
Median Rent
Market Action 64
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$8,294,000 6,309 1 - 2.5 acres 5 6 29 3 1 21
$5,049,000 4,141 1 - 2.5 acres 4 4 34 3 1 21
$3,774,000 2,614 0.25 - 0.5 acre 4 3 54 4 2 10
$3,100,000 2,230 0.25 - 0.5 acre 4 3 66 4 1 14