Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com


Saratoga, CA 95070

Sun Oct 25 2020
This week the median list price for Saratoga, CA 95070 is $3,899,944 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 46. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Saratoga, CA 95070

Sun Oct 25 2020
This week the median list price for Saratoga, CA 95070 is $3,899,944 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 46. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,899,944
Per Square Foot $1,084
Days on Market 129
Price Decreased 17%
Price Increased 2%
Relisted 7%
Inventory 46
Median Rent $6,000
Most Expensive $13,999,000
Least Expensive $975,000
Market Action 48
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$7,480,000 7,401 1 - 2.5 acres 5 7 15 1 0 208
$4,999,000 4,788 1 - 2.5 acres 5 5 32 1 1 117
$3,320,000 2,902 0.25 - 0.5 acre 4 3 52 7 2 28
$2,187,500 1,862 0.25 - 0.5 acre 3 2 64 4 1 167