Mon Dec 11 2023
This week the median list price for Saratoga, CA 95070 is $3,998,000 with the market action index hovering around 55. This is about the same as last month's market action index of 55. Inventory has decreased to 24.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$3,998,000|
|Median Price of New Listings||$3,749,000|
|Per Square Foot||$1,407|
|Average Days on Market||78|
|Median Days on Market||39|
|Strong Seller's Market|
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$7,894,000||4,934||1 - 2.5 acres||5||5.3||20||0||1||70|
|$4,319,000||2,717||0.5 - 1 acre||4||3.3||54||1||1||42|
|$3,919,944||2,820||0.25 - 0.5 acre||4||3.5||58||2||2||7|
|$2,622,500||2,340||1 - 2.5 acres||3||2.5||66||1||0||59|