Mary Pope-Handy's Market Report

Saratoga, CA 95070

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Saratoga, CA 95070

Sun Mar 26 2023
This week the median list price for Saratoga, CA 95070 is $3,998,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 27. 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.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Saratoga, CA 95070

Sun Mar 26 2023
This week the median list price for Saratoga, CA 95070 is $3,998,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 27. 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.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Saratoga market.
Median List Price $3,998,000
Median Price of New Listings $3,941,944
Per Square Foot $1,413
Average Days on Market 90
Median Days on Market 42
Price Decreased 22%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Market Action 43
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$7,438,000 4,610 1 - 2.5 acres 4 5 20 1 0 87
$4,750,000 3,690 1 - 2.5 acres 5 3.5 51 1 2 119
$3,750,000 2,607 0.25 - 0.5 acre 4 3 63 0 1 70
$2,898,000 2,579 0.25 - 0.5 acre 4 2.5 60 2 3 7