Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

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



Monte Sereno, CA

Tue Oct 19 2021
This week the median list price for Monte Sereno, CA is $5,093,425 with the market action index hovering around 57. This is an increase over last month's market action index of 46. Inventory has decreased 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.

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

Tue Oct 19 2021
This week the median list price for Monte Sereno, CA is $5,093,425 with the market action index hovering around 57. This is an increase over last month's market action index of 46. Inventory has decreased 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.

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 $5,093,425
Median Price of New Listings $3,828,000
Per Square Foot $1,272
Average Days on Market 159
Median Days on Market 21
Price Decreased 33%
Price Increased 0%
Relisted 17%
Inventory 6
Median Rent
Market Action 57
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
$17,500,000 13,674 5 - 10 acres 6 12 27 0 0 770
$6,900,000 5,320 0.5 - 1 acre 5 5 16 0 0 7
$5,093,425 4,086 0.5 - 1 acre 5 3 44 0 1 21
$3,489,000 3,098 4,500 - 6,500 sqft 3 4 22 1 1 66