Hi,
I hope all of you had a very happy and restful holidays.  I wanted to update you all on the inventory in Saratoga's housing market.

As of January 25,2011,  Saratoga has 72 active listings ranging from $745,000 to $15M and there are another 34 homes in contract ranging from $750,000-$3,850,000.

Just a quick summary.  At the beginning of 2010 the Saratoga market was really heating up, homes that previously didn't sell sold, then it started slowing down again around the summer time. At this time it feels like due to pent up demand,lack of good inventory,and the feeling that the worst is behind  us, we may be starting to see another run in this market. 

Good homes have sold quite rapidly as exemplified by a home on 20542 Wardell Road,  This home was 2696 sf/ 17,250 sf lot and it was in the Saratoga School district. 
 
This was a very well maintained home but basically in it's original condition.  It was snapped up in 9 days.  Wardell is one of those streets in Saratoga that has 2 school districts Saratoga and Cupertino, depending on which side of the street you are on. 

If any of you have any further questions or would like to learn more of homes not even on the market, please do give me a call at: 408 839-7896.  Take care and hope you have a great day.

Regards,
Anthony