Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Saratoga, CA 95070

Mon Jun 17 2019
This week the median list price for Saratoga, CA 95070 is $2,998,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 69. 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

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

Mon Jun 17 2019
This week the median list price for Saratoga, CA 95070 is $2,998,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 69. 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

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 $2,998,000
Per Square Foot $1,048
Days on Market 101
Price Decreased 46%
Price Increased 3%
Relisted 3%
Inventory 69
Median House Rent $5,750
Most Expensive $15,999,000
Least Expensive $1,499,950
Market Action Index
Slight Seller's Advantage
41

We continue to see prices in this zip code bouncing around this plateau. 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
$4,999,888 5,111 1 - 2.5 acres 5 5 32 1 2 178
$3,688,000 3,700 0.5 - 1 acre 5 3 43 2 2 75
$2,698,888 2,520 0.25 - 0.5 acre 4 3 49 1 3 51
$1,836,475 1,819 0.25 - 0.5 acre 3 2 60 3 5 99