Monte Sereno Real Estate Market Trends, Home Prices, Agents

Updated: May 31, 2017. Save time and save money. Work with a top Monte Sereno real estate agent.

Monte Sereno Real Estate Trends - Houses

Short summary of 4 key Monte Sereno home value trends for single family houses which can be printed

Monte Sereno Real Estate Trends - Average and Median Home Prices Of Houses

When trying to understand Monte Sereno home prices, the first and most often real estate trend looked at is either average sale price or median home sale price. The average price can be pushed up by a particularly expensive home being sold. Much less often an especially low price for several homes can push the average price down. By looking at both average and median home prices, a quick judgment can be made about any unusually high or low prices

Graph of the Quarterly Median and Average Monte Sereno Home Prices for Houses - Monte Sereno Real Estate Trends

Quarterly Average and Median Monte Sereno House Prices

Graph of the Monthly Median and Average Monte Sereno Home Prices for Houses - Monte Sereno Real Estate Trends

Monthly Average and Median Monte Sereno Home Prices of Houses

Graph of the Yearly Median and Average Monte Sereno Home Prices for Houses - Monte Sereno Real Estate Trends

Yearly Average and Median Monte Sereno Home Prices of Houses

Monte Sereno Real Estate Trends - Home Prices Per Square Foot For Houses

The sales price of a Monte Sereno house is affected by its size. Looking at price per square foot gives a partial adjustment for differences between houses. Furthermore if you look at the average size of a Monte Sereno house sold you will see that it varies with time. Part of the variation is due to the random nature of which houses are being sold but there tends to be a increase in the size with time because when a house is replaced with a newer house, the newer house is almost always larger.

Graph of the Quarterly Average Price Per Square Foot for Monte Sereno Houses - Monte Sereno Real Estate Trends

Quarterly Average Monte Sereno House Prices Per Square Foot

Graph of the Monthly Average Price Per Square Foot for Monte Sereno Houses - Monte Sereno Real Estate Trends

Monthly Average Monte Sereno House Prices Per Square Foot

Graph of the Yearly Average Price Per Square Foot for Monte Sereno Houses  - Monte Sereno Real Estate Trends

Yearly Average Monte Sereno House Prices Per Square Foot

Monte Sereno Real Estate Trends - House Sales Prices vs. List Prices

Home buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show this relationship Monte Sereno houses using color coding which generally highlights changes in the market. More Monte Sereno homes being sold over list price is a very good indicator of rising home prices. More homes being sold under list price is a very good indicator of falling home prices.

Graph of the Quarterly Average Sales Price vs. List Price for Monte Sereno Houses - Monte Sereno Real Estate Trends

Quarterly Average Monte Sereno House Sales Price vs. List Price

Graph of the Monthly Average Sales Price vs. List Price for Monte Sereno Houses - Monte Sereno Real Estate Trends

Monthly Average Monte Sereno House Sales Price vs. List Price

Graph of the Yearly Average Sales Price vs. List Price for Monte Sereno Houses - Monte Sereno Real Estate Trends

Yearly Average Monte Sereno House Sales Price vs. List Price

Monte Sereno Real Estate Trends - Number of Houses Sold

A quick estimate of how active the Monte Sereno real estate market is can be found by looking at the number of houses sold. Locally there is a strong seasonal change in the number of houses sold. The lowest number of houses sold typically occurs around December & January. The highest number of houses sold typically occurs around May. Price changes do not track the seasonal change in the number of houses sold.

Graph of the Quarterly Number of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Quarterly Number of Monte Sereno Houses Sold

Graph of the Monthly Number of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Monthly Number of Monte Sereno Houses Sold

Graph of the Yearly Number of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Yearly Number of Monte Sereno Houses Sold

Monte Sereno Real Estate Trends - Days On Market for Houses Sold

Many people look at "Days On Market", the average number of days a house is offered for sale before it sells, to spot changes in the Monte Sereno real estate market. Increasing DOM implies buyers are not being as competitive to buy homes. This statistic also tends to have a seasonal variation. DOM is typically greater late in the year. Seasonal variation in this statistic can make it difficult to use this statistic to predict either rising or falling house prices.

Graph of the Quarterly Average Days On Market for Monte Sereno Houses - Monte Sereno Real Estate Trends

Quarterly Average Days On Market for Monte Sereno Houses Sold

Graph of the Monthly Average Days On Market for Monte Sereno Houses - Monte Sereno Real Estate Trends

Monthly Average Days On Market for Monte Sereno Houses Sold

Graph of the Yearly Average Days On Market for Monte Sereno Houses - Monte Sereno Real Estate Trends

Yearly Average Days On Market for Monte Sereno Houses - Monte Sereno Real Estate Trends

Monte Sereno Real Estate Trends - Size of Houses Sold

The behavior of buyers and sellers can be somewhat different depending on the price of the house. There are times when low to mid-range homes are selling quickly but higher priced homes aren't or the reverse may be true. Generally house price is proportional to size in a given area. Locally newer homes are often larger than older homes. Looking at the average size of houses being sold can provide additional insight into the Monte Sereno real estate market.

Graph of the Quarterly Average Size of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Quarterly Average Size of Monte Sereno Houses Sold

Graph of the Monthly Average Size of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Monthly Average Size of Monte Sereno Houses Sold

Graph of the Yearly Average Size of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Yearly Average Size of Monte Sereno Houses Sold

Monte Sereno Real Estate Trends - Lot Size of Houses Sold

As mentioned above generally house price is proportional to house size in a given area. Another factor is lot size. Most local cities limit the maximum size of house that can be built depending upon the lot size. A larger house can be built on a larger lot. Additionally local cities may allow a secondary dwelling if the lot is greater than a specified size (typically 8,000 sf).

Looking at the average lot size of houses being sold can provide additional insight into the Monte Sereno real estate market. Lot sizes over 150,000 sf are excluded from the statistics to prevent the uncommon sale from pushing the average much higher than the median.

Graph of the Quarterly Average Lot Size of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Quarterly Average Lot Size of Monte Sereno Houses Sold

Graph of the Monthly Average Lot Size of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Monthly Average Lot Size of Monte Sereno Houses Sold

Graph of the Yearly Average Lot Size of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Yearly Average Lot Size of Monte Sereno Houses Sold

Monte Sereno Real Estate Trends - Age of Houses Sold

A brand new Monte Sereno home typically sells for a premium price compared to a similar sized home in the same neighborhood. When looking at average Monte Sereno home prices, the average age should be checked to see if prices are changing because of demand or because different types of houses are being sold.

Graph of the Quarterly Average Age of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Quarterly Average Age of Monte Sereno Houses Sold

Graph of the Monthly Average Age of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Monthly Average Age of Monte Sereno Houses Sold

Graph of the Yearly Average Age of Monte Sereno Houses Sold - Monte Sereno Real Estate Trends

Yearly Average Age of Monte Sereno Houses Sold

Monte Sereno Home Prices - Maximum and Minimum for Houses Sold

When trying to understand the Monte Sereno real estate market, it is useful to take a look at the extremes of the sales price range. Average buyers and sellers in each price range may act differently.

Graph of the Quarterly Maximum Price of Monte Sereno Houses - Monte Sereno Real Estate Trends

Quarterly Maximum Monte Sereno Price of Houses Sold

Graph of the Quarterly Minimum Price of Monte Sereno Houses - Monte Sereno Real Estate Trends

Quarterly Minimum Monte Sereno Price of Houses Sold

Graph of the Monthly Maximum Price of Monte Sereno Houses - Monte Sereno Real Estate Trends

Monthly Maximum Monte Sereno Price of Houses Sold

Graph of the Monthly Minimum Price of Monte Sereno Houses - Monte Sereno Real Estate Trends

Monthly Minimum Monte Sereno Price of Houses Sold

Graph of the Yearly Maximum Price of Monte Sereno Houses - Monte Sereno Real Estate Trends

Yearly Maximum Monte Sereno Price of Houses Sold

Graph of the Yearly Minimum Price of Monte Sereno Houses - Monte Sereno Real Estate Trends

Yearly Minimum Monte Sereno Price of Houses Sold

Use The Best Monte Sereno CA Real Estate Agent

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I negotiate over one hundred successful purchase offers each year. I have up-to-date experience and knowledge to plan and make a great offer. What if something goes wrong with your loan application or with something else? I have the experience and connections to solve nearly all problems. Work with me, a top real estate agent who knows Monte Sereno very well. For 3 years in a row I have been recognized as one of the three, and most recently as the number 1 top real estate agent nationwide at Keller Williams.

My unique team approach splits up the various stages of buying a home. You will work with both myself and a core member of my team who is also a top real estate agent. My team specialist is an expert at helping you both find a home and to understand the tradeoffs you will be making. I discuss your purchase offer with you and negotiate with the seller. Get the support of two top Monte Sereno real estate agents working closely together. Give me, Juliana Lee, a call at my cell phone 650-857-1000 and let's talk about what you are looking for. If you want to learn more about buying or selling real estate, come to my free real estate seminar.

Have you ever wondered what the difference is between a Monte Sereno real estate agent and a Monte Sereno realtor? "Realtor" is a trademarked name owned by the National Association of Realtors (NAR). A Monte Sereno realtor is a real estate agent who belongs to NAR. Many purchase contract forms used locally are created by the California Association of Realtors (CAR) which is under NAR. The local Silicon Valley Association of Realtors (SILVAR), the Santa Clara County Association of Realtors (SCCOAR) and San Mateo County Association of Realtors (SAMCAR) establish standards of practice for local real estate agents.