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Market Conditions in Saratoga : Real Estate Advice

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  • Local Info4
  • Home Buying39
  • Home Selling2
  • Market Conditions7

Activity 4
Mon Dec 10, 2012
Elena Talis answered:
Sun Feb 10, 2008
Realtor answered:
Hello Bl, Townhomes currently on the market in Saratoga range from $700k to $750k.with 1300-1600 sf. Some of the larger townhomes are $1.2 to $1.3 million with 2000 -2150 sf.
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Tue Jan 22, 2008
David Blockhus answered:
Anaya,

If you want something with an attractive design and a decent level of quality I would plan on a minimum of $350. per square foot. Your kitchen and bathrooms will be the most expensive areas, the garage the least expensive. If you go down with a basement or make a two story, it might be closer to $425.00 per square foot. ... more
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Wed Jul 15, 2009
Ali Moein answered:
Hello Ananya,
"Softening" is a subjective term. Here are some data you can use to decide for yourself:

1. 39 homes sold in the last 6 months over $2Mil in saratoga
2. The average number of days in the market for these homes is 140 days.
3. Asking price Vs. selling price. On average homes have sold $101,000 less than asking

In order to decide if the Saratoga market is softening, there must be a point of reference. As compare to what.
If we compare the same data with last year, this what we have:
1. Homes sold 31
2. DOM: 119
3. Listing Vs. Selling On average homes have sold $180,000 less than asking

So compare to last year slightly longer market window but better selling price. Now you make the call.
... more
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Market Conditions in Saratoga Zip Codes

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