Mary Pope-Handy's Market Report
San Martin, CA
Single-Family Homes
Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog
San Martin, CA
Tue Jul 01 2025
This week the median list price for San Martin, CA is $2,899,943 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 8.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $2,899,943 | |
| Median Price of New Listings | $1,524,950 | |
| Per Square Foot | $844 | |
| Average Days on Market | 67 | |
| Median Days on Market | 46 | |
| Price Decreased | 38% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 8 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.
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 |
|---|---|---|---|---|---|---|---|---|
| $4,894,000 | 3,501 | 5 - 10 acres | 4 | 3 | 46 | 0 | 1 | 42 |
| $3,772,444 | 4,753 | 2.5 - 5 acres | 4 | 3.8 | 13 | 0 | 0 | 59 |
| $2,399,949 | 3,945 | 2.5 - 5 acres | 4 | 4.5 | 36 | 1 | 0 | 42 |
| $1,474,444 | 1,951 | 1 - 2.5 acres | 4 | 2.8 | 62 | 1 | 0 | 126 |