Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Saratoga, CA 95070

Fri Aug 23 2019
This week the median list price for Saratoga, CA 95070 is $2,999,999 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 64. Click here to stay informed with the Saratoga market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Saratoga, CA 95070

Fri Aug 23 2019
This week the median list price for Saratoga, CA 95070 is $2,999,999 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 64. Click here to stay informed with the Saratoga market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $2,999,999
Per Square Foot $1,004
Days on Market 112
Price Decreased 42%
Price Increased 3%
Relisted 8%
Inventory 64
Median House Rent $6,000
Most Expensive $25,000,000
Least Expensive $1,539,000
Market Action Index
Slight Seller's Advantage
41

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
$5,969,000 5,521 1 - 2.5 acres 5 7 20 0 2 150
$3,698,000 3,698 1 - 2.5 acres 5 4 53 3 2 105
$2,643,944 2,795 0.25 - 0.5 acre 4 3 49 0 6 89
$1,898,500 2,047 0.25 - 0.5 acre 3 3 64 2 2 104