Is Saratoga, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Saratoga is a seller's market


Difference Since November 2022

Since last year, Saratoga has remained a Seller's Market.

Key Takeaway

Saratoga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saratoga, CA

How much do homes in Saratoga, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Saratoga have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Saratoga was $3,625,000 in November 2023, up 0.7% from last year, and the median price per square foot was $1,370.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $700K$727.5K
2 $1.2M$1.0M
3 $2.5M$2.9M
4 $3.8M$3.7M
5+ $4.5M$4.3M

Summary: Saratoga housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Cities

Los Gatos

Housing Supply in Saratoga, CA

How many homes are available in Saratoga, CA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Saratoga real estate market had 57 homes for sale in November 2023, a 5.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 33
3 1821
4 2318
5+ 1615

Summary: The Saratoga housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saratoga, you could pay more than the asking price. 65% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Saratoga in November 2023, up by 17.6% month-over-month. Of the 20 sold homes, 35% were sold under asking, 0% were sold at asking, and 65% were sold over asking.

Days on Market for Saratoga, CA

How long does it take to sell a home in Saratoga, CA?

Average Sale Time

Nov 2022Nov 2023CHANGE
28 Days15 Days-46.2%

Summary: Homes in Saratoga had an average of 15 days on market in Nov 2023, down by 46.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saratoga are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 20 homes were sold in Saratoga; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Saratoga, CA

Nearby Markets to Saratoga, CA

What housing markets are near Saratoga, CA?