Your Real Estate Market Update

Monte Sereno, CA

Single-Family Homes

The Most Powerful Market Insights from Arcus Homes



Monte Sereno, CA

Sun May 26 2024
This week the median list price for Monte Sereno, CA is $5,924,000 with the market action index hovering around 42. This is less than last month's market action index of 52. Inventory has increased to 6. Click here to stay informed with the Monte Sereno market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Monte Sereno, CA

Sun May 26 2024
This week the median list price for Monte Sereno, CA is $5,924,000 with the market action index hovering around 42. This is less than last month's market action index of 52. Inventory has increased to 6. Click here to stay informed with the Monte Sereno market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $5,924,000
Median Price of New Listings $5,275,000
Per Square Foot $1,350
Average Days on Market 50
Median Days on Market 7
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 42
Slight Seller's Advantage

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$13,780,000 8,215 1 - 2.5 acres 7 9 0 0 0 49
$8,880,000 7,031 1 - 2.5 acres 6 6 25 0 1 7
$5,924,000 5,506 1 - 2.5 acres 6 5.5 26 1 0 119
$4,925,000 3,245 0.5 - 1 acre 3 3.5 70 1 0 3