Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Monte Sereno, CA

Wed Apr 24 2024
This week the median list price for Monte Sereno, CA is $8,988,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has decreased to 5. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Monte Sereno, CA

Wed Apr 24 2024
This week the median list price for Monte Sereno, CA is $8,988,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has decreased to 5. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $8,988,000
Median Price of New Listings $0
Per Square Foot $1,564
Average Days on Market 252
Median Days on Market 210
Price Decreased 60%
Price Increased 0%
Relisted 40%
Inventory 5
Median Rent
Market Action 46
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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 8.5 0 0 0 21
$10,500,000 5,240 1 - 2.5 acres 6 6.5 7 0 0 63
$8,988,000 10,500 1 - 2.5 acres 6 7 20 0 0 735
$5,674,000 4,580 0.5 - 1 acre 5 4 17 0 1 220