Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

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


Saratoga, CA 95070

Sat Jul 31 2021
This week the median list price for Saratoga, CA 95070 is $3,696,500 with the market action index hovering around 59. This is less than last month's market action index of 64. Inventory has increased to 56. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Jul 31 2021
This week the median list price for Saratoga, CA 95070 is $3,696,500 with the market action index hovering around 59. This is less than last month's market action index of 64. Inventory has increased to 56. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $3,696,500
Median Price of New Listings $3,348,000
Per Square Foot $1,264
Average Days on Market 46
Median Days on Market 14
Price Decreased 9%
Price Increased 9%
Relisted 2%
Inventory 56
Median Rent $6,250
Market Action 59
Strong Seller's Market

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
$5,874,000 5,035 1 - 2.5 acres 4 5 26 1 0 38
$3,998,944 3,358 0.25 - 0.5 acre 4 3 48 5 2 7
$3,393,000 2,742 0.25 - 0.5 acre 4 3 60 6 2 7
$2,561,500 1,970 8,000 - 10,000 sqft 3 3 64 4 0 10