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

Sun Mar 03 2024
This week the median list price for Saratoga, CA 95070 is $4,098,944 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 18. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Saratoga, CA 95070

Sun Mar 03 2024
This week the median list price for Saratoga, CA 95070 is $4,098,944 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 18. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $4,098,944
Median Price of New Listings $3,998,500
Per Square Foot $1,578
Average Days on Market 97
Median Days on Market 74
Price Decreased 6%
Price Increased 6%
Relisted 11%
Inventory 18
Median Rent
Market Action 48
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
$14,650,000 4,803 2.5 - 5 acres 5 5.5 35 0 1 80
$4,324,000 2,505 0.25 - 0.5 acre 3 2.5 61 2 2 59
$3,998,000 2,520 0.25 - 0.5 acre 4 3 58 2 1 7
$2,298,880 2,476 1 - 2.5 acres 4 3.5 66 0 1 84