Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

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



Saratoga, CA 95070

Wed Sep 22 2021
This week the median list price for Saratoga, CA 95070 is $3,750,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Saratoga, CA 95070

Wed Sep 22 2021
This week the median list price for Saratoga, CA 95070 is $3,750,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,750,000
Median Price of New Listings $3,250,000
Per Square Foot $1,283
Average Days on Market 84
Median Days on Market 42
Price Decreased 10%
Price Increased 10%
Relisted 0%
Inventory 31
Median Rent $5,400
Market Action 61
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. 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
$5,998,000 5,583 1 - 2.5 acres 4 6 20 0 1 77
$4,069,000 2,864 0.25 - 0.5 acre 4 3 53 1 0 49
$3,549,000 2,776 0.5 - 1 acre 4 3 51 3 1 7
$2,194,000 2,147 0.25 - 0.5 acre 3 3 63 5 3 0