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

Fri Dec 01 2023
This week the median list price for Monte Sereno, CA is $5,897,500 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 8. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Monte Sereno, CA

Fri Dec 01 2023
This week the median list price for Monte Sereno, CA is $5,897,500 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 8. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $5,897,500
Median Price of New Listings $8,500,000
Per Square Foot $1,405
Average Days on Market 161
Median Days on Market 84
Price Decreased 25%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 36
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of 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
$9,145,000 8,750 1 - 2.5 acres 5 7.8 31 1 0 294
$7,650,000 5,806 1 - 2.5 acres 5 6 24 0 0 52
$4,847,500 3,466 0.5 - 1 acre 5 4.5 27 0 1 91
$3,295,000 1,951 0.5 - 1 acre 3 2 62 0 0 206