Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

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



Current active inventory in Monte Sereno, CA is very low. Keep this in mind when looking at this report.

Monte Sereno, CA

Sat Feb 04 2023
This week the median list price for Monte Sereno, CA is $3,998,000 with the market action index hovering around 48. This is an increase over last month's market action index of 39. Inventory has decreased to 3. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Monte Sereno, CA

Sat Feb 04 2023
This week the median list price for Monte Sereno, CA is $3,998,000 with the market action index hovering around 48. This is an increase over last month's market action index of 39. Inventory has decreased to 3. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Monte Sereno market.
Median List Price $3,998,000
Median Price of New Listings $0
Per Square Foot $1,385
Average Days on Market 51
Median Days on Market 28
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$6,850,000 5,720 1 - 2.5 acres 5 5.5 35 0 0 14
$3,998,000 2,377 1 - 2.5 acres 3 2 56 0 0 28
$3,998,000 2,886 0.5 - 1 acre 4 3.5 85 0 0 112