Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Saratoga, CA 95070

Fri Apr 12 2024
This week the median list price for Saratoga, CA 95070 is $3,847,499 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has increased to 24. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Saratoga, CA 95070

Fri Apr 12 2024
This week the median list price for Saratoga, CA 95070 is $3,847,499 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has increased to 24. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,847,499
Median Price of New Listings $3,250,000
Per Square Foot $1,449
Average Days on Market 76
Median Days on Market 14
Price Decreased 13%
Price Increased 4%
Relisted 4%
Inventory 24
Median Rent
Market Action 58
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
$7,092,500 5,415 1 - 2.5 acres 5 4.5 44 0 1 28
$4,193,000 2,721 0.25 - 0.5 acre 4 2.8 38 1 1 7
$3,500,000 2,348 0.25 - 0.5 acre 4 2.3 55 1 1 10
$2,422,500 2,398 1 - 2.5 acres 4 3.3 60 3 0 24