Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

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



Saratoga, CA 95070

Sat Jun 12 2021
This week the median list price for Saratoga, CA 95070 is $3,998,000 with the market action index hovering around 71. This is less than last month's market action index of 77. Inventory has decreased to 31. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

Sat Jun 12 2021
This week the median list price for Saratoga, CA 95070 is $3,998,000 with the market action index hovering around 71. This is less than last month's market action index of 77. Inventory has decreased to 31. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $3,998,000
Median Price of New Listings $3,400,000
Per Square Foot $1,132
Average Days on Market 54
Median Days on Market 21
Price Decreased 6%
Price Increased 10%
Relisted 6%
Inventory 31
Median Rent $6,000
Market Action 71
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
$5,998,000 5,730 1 - 2.5 acres 4 5 43 0 0 42
$4,709,000 4,064 1 - 2.5 acres 4 4 34 2 0 52
$3,944,000 3,021 0.25 - 0.5 acre 4 4 57 3 2 7
$2,889,000 2,353 0.25 - 0.5 acre 4 3 63 3 3 7