Mary Pope-Handy's Market Report

Monte Sereno, CA

Single-Family Homes

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



Monte Sereno, CA

Fri May 27 2022
This week the median list price for Monte Sereno, CA is $4,458,800 with the market action index hovering around 60. This is less than last month's market action index of 68. Inventory has increased to 9. 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

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

Fri May 27 2022
This week the median list price for Monte Sereno, CA is $4,458,800 with the market action index hovering around 60. This is less than last month's market action index of 68. Inventory has increased to 9. 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

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 $4,458,800
Median Price of New Listings $4,372,500
Per Square Foot $1,140
Average Days on Market 58
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 60
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
$13,900,000 8,397 1 - 2.5 acres 5 7.8 20 0 0 31
$6,096,500 4,729 1 - 2.5 acres 4 6.8 34 1 0 3
$4,354,400 3,590 0.5 - 1 acre 4 4.3 61 0 0 14
$3,150,000 2,930 8,000 - 10,000 sqft 4 3 55 1 0 77