Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Saratoga, CA 95070

Mon Apr 06 2020
This week the median list price for Saratoga, CA 95070 is $3,294,944 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 44. 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.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Saratoga, CA 95070

Mon Apr 06 2020
This week the median list price for Saratoga, CA 95070 is $3,294,944 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 44. 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.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,294,944
Per Square Foot $1,069
Days on Market 174
Price Decreased 7%
Price Increased 0%
Relisted 2%
Inventory 44
Median Rent $6,000
Most Expensive $15,000,000
Least Expensive $1,488,800
Market Action 37
Slight Seller's Advantage

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$6,450,000 5,522 1 - 2.5 acres 6 7 13 0 1 333
$4,198,000 4,096 1 - 2.5 acres 5 4 35 0 0 127
$2,998,000 2,879 0.25 - 0.5 acre 4 3 49 0 0 34
$2,148,000 1,877 0.25 - 0.5 acre 4 3 58 1 1 200