Market Report - The Brasil Group

Saratoga, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Saratoga, CA

Sat Apr 13 2024
This week the median list price for Saratoga, CA is $1,395,000 with the market action index hovering around 53. This is an increase over last month's market action index of 38. Inventory has increased to 5. Click here to stay informed with the Saratoga 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.

Saratoga, CA

Sat Apr 13 2024
This week the median list price for Saratoga, CA is $1,395,000 with the market action index hovering around 53. This is an increase over last month's market action index of 38. Inventory has increased to 5. Click here to stay informed with the Saratoga 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 Saratoga market.
Median List Price $1,395,000
Median Price of New Listings $1,395,000
Per Square Foot $1,005
Average Days on Market 10
Median Days on Market 0
Price Decreased 0%
Price Increased 20%
Relisted 0%
Inventory 5
Median Rent
Market Action 53
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,226,067 1,828 - 3 3 0 1 0 49
$1,998,000 2,094 0 - 4,500 sqft 3 2.5 51 1 0 0
$1,395,000 1,680 0 - 4,500 sqft 3 2.5 44 1 0 0
$946,500 910 0 - 4,500 sqft 1 1.5 44 2 1 0