Kapowich Real Estate Silicon Valley Reports

Saratoga, CA

Single-Family Homes

Pat Kapowich | 408.245.7700 | Pat@SiliconValleyBroker.com | Broker's License #00979413



Saratoga, CA

Sat Apr 13 2024
This week the median list price for Saratoga, CA 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

Sat Apr 13 2024
This week the median list price for Saratoga, CA 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

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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