Saratoga:

As of the first Quarter this year in Saratoga there were 38 closed sales, the average days on market was 95.  Average Sales Price was $1,805,000 and the median average was $1,599,900.  % of listing price received was 95.16%.  Total Sales Volume was $66,806,800 for that quarter.

At present there are 108 listings active from $849,000 to $7,800,000 and 53 homes pending. 


Los Gatos/Monte Sereno:


As of the first Quarter this year for Los Gatos/Monte Sereno there were 60 closed sales, the average days on market was 95.  Average Sales Price was $1,429,257 and the median average was $1,125,000.  % of listing price received was 93.27% with total Sales Volume of $81,467,700.

At present there are 181 homes active from $649,000 to $19,950,000 and 69 homes pending. 

Market Update:

The real estate market for this first quarter and up to the present time has been very postive. Peoples attitudes has improved a great deal.  With all this doom and gloom for the past 2-3 years maybe we have turned the corner here.  Stay tuned.